Gold Price Prediction: Consolidation Likely, Support at Rs 1,57,200
Gold prices are expected to consolidate after a sharp rally, with immediate resistance at Rs 1,60,800-1,61,800 and support at Rs 1,57,200, says Motilal Oswal.
Gold prices are expected to consolidate after a sharp rally, with immediate resistance at Rs 1,60,800-1,61,800 and support at Rs 1,57,200, says Motilal Oswal.
Sudeep Shah of SBI Securities recommends buying Bharti Airtel and Kirloskar Oil Engines this week. He also shares technical views on Nifty and Bank Nifty, highlighting key support and resistance levels.
Cupid Limited reports record Q3 results, exceeding FY26 guidance with 93% YoY revenue growth and 165% YoY net profit growth, driven by strong demand and operational efficiency.
Infinium Developers unveils Altitude, a luxury high-rise community on Sathy Main Road, Coimbatore, offering premium amenities and stunning city views.
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RecommendedIndian banks' asset quality remained stable in Q4FY26, but potential risks from West Asia could emerge in Q2FY27, according to a report.
Merck Foundation announces 1000 scholarships for future hypertension and diabetes experts from 52 countries to mark World Hypertension Day 2026.
Indian stock markets crashed on Monday with Sensex and Nifty falling over 1% amid rising bond yields, rupee hitting record low, and geopolitical tensions. Market cap eroded by Rs 7 lakh crore.
The Indian rupee fell to an all-time low of 96.25 against the US dollar in early trade, driven by strong dollar demand and global economic uncertainties.
Indian stock markets opened lower on Monday as oil prices surged due to escalating tensions in West Asia, raising concerns over inflation and economic growth.
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RecommendedGold prices dropped to their lowest in over a month due to rising oil prices and Middle East tensions, pushing investors away from the safe-haven metal. The Federal Reserve may hike rates.
An Ahmedabad man towed his car with a broken alloy wheel to protest poor quality, demanding compensation from the dealer and manufacturer.
Indian stock markets opened sharply lower on Monday, with Sensex falling over 500 points and Nifty below 17,500, tracking weak global cues and rising crude oil prices.
Prime Minister Narendra Modi invited Swedish companies to invest in India, highlighting ongoing reforms and growth opportunities in sectors like green energy and digital infrastructure.
Indian stock markets plunged with Sensex falling 833 points to 74,405 and Nifty dropping below 22,500. Rupee hit a record low of 87.95 against the US dollar amid global sell-off and FII outflows.
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RecommendedTata Steel shares fell 5% even as the company reported a more than two-fold jump in Q4 net profit to Rs 2,965 crore. Revenue rose 8% YoY to Rs 58,688 crore, driven by strong domestic demand and cost efficiencies.
The Indian rupee plunged to an all-time low of 96.20 against the US dollar in early trade on Monday, driven by strong demand for the greenback and weak domestic equities.
The Indian rupee opened at a record low of 96.20 against the US dollar on Monday, as the Middle East conflict and rising oil prices continue to pressure markets. The currency has fallen 5.5% since the crisis began.
Vodafone Idea shares gained sharply after a weak start, as the company posted a net profit of Rs 51,970 crore in Q4 2026, driven by exceptional items and tariff hikes.
Indian stock markets opened sharply lower on Monday as fresh escalation fears in the Middle East triggered a sell-off, with Sensex falling 430 points and Nifty slipping below 23,500. IT, metal, and power stocks led the decline.
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RecommendedSeveral companies including ITC Hotels and PowerGrid will trade ex-dividend and ex-split this week. Check the record dates and amounts for these corporate actions.
Motilal Oswal Wealth Management recommends Syrma SGS and Max Financials as top stocks for the trading week starting May 18, 2026, citing strong growth prospects.
Administrative delays have stalled the opening of a new ₹70-lakh fitness centre in Ludhiana, despite facilities being ready. Local athletes await inauguration by minister and district officials.
Jefferies raises Bharti Airtel target to Rs 2,350; JP Morgan upgrades Cipla to overweight; HDFC Securities upgrades Hyundai Motor India; Nomura bullish on Crompton.
Indian stock markets are likely to open flat as crude oil prices hit a two-week high, fueling inflation worries. FPIs have pulled out Rs 27,048 crore this month, adding to bearish sentiment.
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RecommendedThe impact of oil price hikes can be moderated with timely decisions and transparency. This editorial examines the intersection of politics and economics in fuel pricing.
Muthoot Fincorp's board approved a Rs 4,000 crore IPO and a 1:5 share split. The company reported strong FY26 results with AUM of Rs 73,448.8 crore.
Veteran banker KV Kamath discusses India's growth trajectory, banking reforms, fintech challenges, and the need for conservation amid global headwinds.
UK's Prudential plc acquires 75% stake in Bharti Life Insurance for Rs 3,500 crore, gaining majority control. The deal marks a strategic reset in India's liberalized insurance sector.
Tata Trusts consider legal options after Maharashtra charity commissioner restrains board meetings, potentially affecting Tata Sons governance and grant decisions.
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RecommendedThe recent fuel price hike in India highlights the intersection of politics and economics. Timely and transparent decisions can moderate economic shocks, but delays worsen the impact.