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Reliance Industries, despite its massive market capitalization, ranks third in Nifty 50 index weight due to its lower free-float shares. Banks like HDFC Bank and ICICI Bank hold higher weights because a larger portion of their stock is available for public trading, influencing the index more significantly.
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News and Media
A significant ceasefire agreement has been reached between Israel and Hamas. This deal, brokered by Qatar and Egypt, marks the first phase of ending the conflict. It includes the release of hostages and Palestinian prisoners. Israeli troops will withdraw to agreed lines. Aid will enter Gaza. Negotiations for the next phase begin immediately.
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News and Media
Gold prices dipped slightly on Thursday after reaching a record high of $4,059.05 the previous day, as investors took profits amidst ongoing economic and geopolitical uncertainties. Hopes for further U.S. interest rate cuts continue to support the precious metal, which has seen significant gains this year due to strong central bank buying and ETF demand.
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News and Media
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