The dollar remained stable ahead of key U.S. economic data, which traders deem more influential than geopolitical tensions. Markets largely ignored global conflicts, focusing instead on U.S. labor market figures and the Federal Reserve's potential rate cuts. Investors await crucial employment reports to gauge the economic outlook.
Mutual funds offer indirect investment in gold and silver through ETFs, fund-of-funds, and multi-asset allocation funds. Investors can utilize SIPs and STPs for systematic investments. Tax implications vary based on holding periods, with long-term gains taxed at 12.5%. A 'buy on dips' strategy and limited portfolio exposure are recommended after recent rallies.
Ashok Leyland shares are trading near record highs. The commercial vehicle maker saw strong sales growth in the December quarter. The company anticipates a better second half of FY26. This is due to lower taxes and increased infrastructure activity. Ashok Leyland is expanding its production capacity to meet rising demand.
Index decline led by heavyweights amid geopolitical concerns Ongoing rally to be driven by Q3 earnings, govt's likely focus on capex-driven strategy, comfortable valuations: Analysts
US buyout group TPG Capital is nearing a deal to acquire a significant minority stake of 30-40% in Nirmal Jain's IIFL Capital Services. This move could position TPG as the largest shareholder, coinciding with Jain's plans to re-enter wealth management. The potential transaction, including an open offer, could be valued up to 8,000 crore.
Major investors are set to acquire a stake in Inox Clean Energy. This deal values the renewable energy firm at over $5 billion. The investment signals strong interest in India's clean energy sector. It will also fund Inox Clean Energy's expansion plans. The company is growing its renewable generation and solar manufacturing capacities.
A hospital workers union is calling on Northwestern Memorial Hospital to beef up its emergency department staffing, ahead of a scheduled state board vote next week on whether the hospital should be allowed to embark on a $96 million expansion.
The bookseller will open stores on State Street and in Hyde Park. The company also plans to relocate its store within Skokie's Westfield Old Orchard Mall, and build out by late spring a new location inside the former Borders Books in Oak Park.
