News & Analytic Centre

Indian Shares End Lower, U.S. Fed Meeting in Focus

BENGALURU, May 2 Reuters Indian shares kicked off May on a tepid note, weighed down by losses in automobile and IT stocks, as investors cautiously awaited an expected rate hike by the U.S. Federal Reserve this week. At the close of trade on Monday, the NSE Nifty 50 index was down 0.2 at 17,069.10, while the […]
Read More

Gold Falls to 212Month Trough, Fed Rate Hike in Focus

U.S. 10year Treasury yields hold at 3 Gold hits 1,849.90oz, lowest level since Feb. 16 May 3 Reuters Gold prices fell on Tuesday to their lowest level since midFebruary as investors braced for more aggressive rate hikes from the U.S. central bank that have boosted the dollar and Treasury yields and lifted the opportunity cost […]
Read More