Sunday, August 30

News

Crude oil fundamentals gain on demand
Business, News

Crude oil fundamentals gain on demand

New Delhi Crude oil prices rose by Rs 46 to Rs 5,537 per share in trade on Tuesday following strong demand and an increase in the size of your claim. The price of crude oil contract for September stock on the Multi Commodity Exchange rose by Rs 46 or 0.84 per cent to Rs 5,537 per share in a turnover of 10,542 lots. "Geopolitical tensions, especially the Ukraine-Russia conflict, have led to a sharp rise in crude oil volumes in Taiwan," Mirae Asset Sharekhan research said. On the market outlook, he said, "Crude oil production in overseas industry is expected to trade in a limited range of $60-65 per share, and the bearish trend will remain till the end of the year as long as supply risks are contained." As demand soared, Asia has become an attractive region - India's crude portf...
Copper futures prices upsurge on spot demand
Business, News

Copper futures prices upsurge on spot demand

New Delhi, Copper futures prices rose 0.11 percent to Rs 904 per kg on Monday due to increased spot demand. At the Multi Commodity Exchange, copper contracts for October delivery rose by Rs 1 or 0.11 percent to Rs 904 per kg in a business turnover of 1,703 lots. Analysts attributed the rise in copper prices to higher bets by participants.
Vodafone Idea shares gained by the biggest jump in 5 months, know why the stock rose by 13% on Friday
Business, News

Vodafone Idea shares gained by the biggest jump in 5 months, know why the stock rose by 13% on Friday

Vodafone Idea shares jumped nearly 13%, the biggest jump in a day since April 1. It reached an intraday high of ₹ 7.45 per share. There are reports that the central government is looking for an investor who is willing to invest about ₹ 8,800 crore in this debt-ridden telecom company. The Economic Times quoted sources related to the matter as saying that the central government will invest about $ 1 billion (₹ 8,800 crore) to help the telecom company by buying 12-13% stake in Vodafone Idea. The report further said that promoter Aditya Birla Group (ABG) and UK's Vodafone will have the option to sell their stake, as the government wants to stay invested for some more time. Currently, the government holds a 48.99% stake in the debt-ridden company, which has converted some of its past ...
Guar gum futures prices gain on demand
Business, News

Guar gum futures prices gain on demand

New Delhi: Guar gum prices rose by Rs 14 to Rs 9,393 per quintal in futures trade on Thursday as speculators increased their deal size amid strong spot demand. At the National Commodity and Derivatives Exchange, the price of guar gum contract for October delivery rose by Rs 14, or 0.15 per cent, to Rs 9,393 per quintal in a business turnover of 39,395 lots. Analysts said that tracking the strong spot market trend, traders increased their deal size, leading to a rise in guar gum prices.
Cottonseed oil cake futures prices jump: New deals
Business, News

Cottonseed oil cake futures prices jump: New deals

New Delhi: Cottonseed oil cake prices rose by Rs 3 to Rs 2,962 per quintal in futures trade on Wednesday as speculators created fresh positions amid rising demand. At the NCDEX, cottonseed oil cake contracts for December delivery rose by Rs 3, or 0.10 per cent, to Rs 2,962 per quintal with a turnover of 3,280 lots. Market sources said cottonseed oil cake prices rose mainly as traders increased their positions amid rising demand for animal feed.
Coriander futures rose: Prices jump due to demand
Business, News

Coriander futures rose: Prices jump due to demand

New Delhi: Coriander prices rose by Rs 14 to Rs 7,682 per quintal in futures trade on Tuesday as speculators increased the size of their deals following a firm trend in the spot market. At the NCDEX, the price of coriander contract for September delivery rose by Rs 14, or 0.18 percent, to Rs 7,682 per quintal with a turnover of 9,380 lots. Market analysts said coriander prices rose due to a firm trend in the spot market and restricted supplies from producing regions.
Zinc futures prices gain on demand
Business, News

Zinc futures prices gain on demand

New Delhi: Zinc prices on Monday rose by Rs 1.95 to Rs 273.25 per kg in futures trade amid a rise in spot demand. At the Multi Commodity Exchange, the price of zinc contract for September delivery rose by Rs 1.95, or 0.72 per cent, to Rs 273.25 per kg in a business turnover of 3,446 lots. Zinc prices rose in futures trade as participants increased their deal sizes following a rise in demand from consumer industries, market sources said.
Ather Energy shares gain 7% to record high; 31% gain in 1 month
Business, News

Ather Energy shares gain 7% to record high; 31% gain in 1 month

Ather Energy Share Price: Shares of Ather Energy were trading with impressive gains on Friday, August 29. The stock jumped 6.7% during the day's trade to hit a record high of ₹459 per share on the National Stock Exchange (NSE). The stock was last trading at ₹454.1 per share, up 5.56%. In the last five trading sessions, Ather Energy shares have gained over 5%, while in the last 30 days, they have gained over 30% (till the afternoon session on Friday, August 29, 2025). In a period of six months, the stock has gained nearly 49%. The market capitalisation of the company is ₹16,891.05 crore. Ather Energy and other auto stocks are in the news amid expectations of a reduction in the Goods and Services Tax (GST) rate on automobiles to 18% from the current 28% slab. Analysts believe th...
Property prices gain in most cities: NHB report
Business, News

Property prices gain in most cities: NHB report

New Delhi, 45 out of 50 cities recorded a rise in property prices during the first quarter of 2025-26, according to data released by the National Housing Bank (NHB). "Out of the 50 cities covered, 5 cities recorded a decline in property prices on an annual basis. Howrah recorded the highest decline of 6.1 per cent, followed by Kochi (5.5 per cent) and Thiruvananthapuram (4.8 per cent)," said the latest residential housing price index NHB Residex released on Thursday. The housing price index (HPI) of 50 cities, based on assessed values ​​of properties collected from banks and housing finance companies, recorded an annual growth of 5.7 per cent during the first quarter of the current financial year, as against 6.6 per cent a year ago. It said property prices in seven key primary re...
Copper futures prices upgrade on spot demand
Business, News

Copper futures prices upgrade on spot demand

New Delhi: Copper futures prices rose marginally to Rs 884.95 per kg on Thursday due to increased spot demand. At the Multi Commodity Exchange, copper contracts for September delivery rose marginally by 5 paise or 0.01 per cent to Rs 884.95 per kg in a business turnover of 6,626 lots. Analysts attributed the rise in copper prices to higher bets by participants.