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The latest development builds on the PBOCs initiative to simplify procedures for cross-border trade in gold by reducing paperwork and speeding up imports.
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News and Media
Indian markets ended the week strongly, driven by GST cuts, hopes of US tariff concessions, and earnings recovery. Ajay Bagga highlights global liquidity, Fed rate cut expectations, AI-led IT revival, and defence sectors multi-decade growth potential despite valuation concerns.
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News and Media
Despite Rs 10,782 crore worth of FII selling in September, Nifty has held firm for eight straight sessions. Analysts say improving macro signals, policy reforms, and potential Fed rate cuts could turn FIIs into buyers again and fuel fresh upside in equities.
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News and Media
Indian equities are poised for a potential upswing, with Nifty targeting 25,300 and Bank Nifty aiming for 55,200, according to Axis Securities. Derivative data suggests a shifting base and increased upside potential. Midcap IT stocks, Hindustan Zinc, and National Aluminium are also expected to perform well. Samvardhana Motherson and Bajaj Finserv are top trading picks.
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News and Media
Indian equities closed the week higher as GST reforms, strong domestic demand, and softer US inflation boosted sentiment. Nifty and Sensex gained over 1.5%, while analysts see potential breakout levels for further upside in Nifty and Bank Nifty.
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News and Media
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