Gold prices rise to 3-month high on back of safe-haven demand

Gold prices rise to 3-month high on back of safe-haven demand

Gold prices rose to a three-month high on Friday and were headed for a second consecutive weekly gain, on the back of a safe-haven demand due to the Middle East conflict and expectations that the US Federal Reserve was likely to pause rate hikes. Oct 20, 2023
markets, sensex

Nifty crosses 19,800-mark on all round buying

Benchmark indices closed higher on Tuesday with Nifty surpassing 19,800, thanks to widespread buying across various sectors, says Mandar Bhojane, Equity Research Analyst, Choice Broking. Oct 18, 2023
markets, sensex

Markets: Sensex, Nifty in 'sell on rallies' mode

The triple whammy of rising dollar, spiking US bond yields and high Brent crude continues to impact Indian equity markets, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. Sep 27, 2023
India Is The Most Expensive Stock Market In The World

India is the most expensive stock market in the world

Even after the recent correction, Nifty is trading around 20 times FY 24 earnings, making India the most expensive market in the world, says V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services. Sep 23, 2023
markets, sensex

Sensex down by 625 points due to multiple headwinds in opening session

There are too many challenges for the market in the near-term. Brent crude at $94, the dollar index above 105, the two-year US bond yield at 5.09 per cent and the INR at record lows against the dollar are strong headwinds, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. Sep 20, 2023
markets, sensex

'Triple danger' looming over Indian markets in the near-term

There is a 'triple danger' looming over markets in the near-term: dollar index above 105, steadily rising US 10-year bond now around 4.39 per cent and the Brent crude above $94, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. Sep 18, 2023