Business

Market Struggles to Maintain Early Gains, Finishes Flat in Choppy Trading Session

Published

8 months ago

June 11, 2025

The stock market struggled to maintain early gains on Tuesday, ultimately closing flat in a volatile session. The Nifty 50 managed to secure a slight gain for the fifth consecutive day, holding above the 25,100 mark.

By the end of trading, the Sensex had declined by 53.49 points, or 0.06%, finishing at 82,391.72, while the Nifty 50 rose by just 1.05 points to close at 25,104.25.

The broader market reflected similar trends, with the BSE Midcap index remaining flat, while the BSE Smallcap index saw a modest increase of 0.3%.

On the Nifty 50, approximately 25 stocks closed in the green. Grasim Industries led the pack with a gain of 3.66%, followed by Tech Mahindra, which rose by 2.14%, and Dr. Reddy’s Laboratories, up by 2.10%. Conversely, Trent was the biggest loser, down 1.65%, followed by Maruti Suzuki India at a decline of 1.31%, and Bajaj Finance, which fell by 1.22%.

Sector-wise, the performance was mixed. The Nifty Realty index experienced a drop of 1.14%, making it the biggest sectoral loser. Indices for Nifty Bank, PSU Bank, and Private Banks fell by 0.37%, 0.52%, and 0.17%, respectively, while Nifty Financial Services decreased by 0.47%. Key banking stocks like HDFC Bank, ICICI Bank, and State Bank of India saw declines ranging from 0.2% to 0.7%.

On a positive note, sectors like Nifty IT and Media made gains, rising by 1.67% and 1.09%, respectively.

More than 130 stocks on the BSE reached their 52-week highs, including Ujjivan Small, Anupam Rasayan, Eris Life, Ramco Cements, Dalmia Bharat, Fortis Healthcare, Bharat Electronics, Welspun Corp, LT Finance, City Union Bank, Muthoot Finance, Manappuram Finance, AstraZeneca Pharma, Laurus Labs, Max Financial, Abbott India, MCX India, and SRF.

Grasim Industries and UltraTech Cement saw significant increases after Morgan Stanley reiterated its positive outlook on both companies. Investors are closely monitoring US-China trade discussions and upcoming inflation data from the US and India expected later this week.

Business

Gold Prices Edge Up in India on January 19, 2026

Published

5 days ago

January 19, 2026

Namma Kudla

Gold prices in India recorded a slight increase on January 19, 2026, supported by global market trends, local demand, and movements in the rupee-dollar exchange rate.

As per market estimates, 24-carat gold, which is considered pure gold, is priced at ₹14,569 per gram, or ₹1,45,690 per 10 grams. 22-carat gold, commonly used for jewellery, is trading at around ₹13,355 per gram, or ₹1,33,550 per 10 grams.

The prices have risen marginally compared to the previous day. The increase is mainly linked to a weaker Indian rupee against the US dollar, which makes imported gold more expensive.

Gold rates vary slightly across cities such as Mangalore and other parts of the country. These differences depend on local taxes, transportation costs, jeweller margins, and regional demand.

Demand for gold remains strong due to the wedding season and festive buying, which continues to support higher prices. Investors also turn to gold during uncertain economic conditions, as it is seen as a safe-haven asset.

Experts say that global geopolitical developments, inflation concerns, and central bank policies are also influencing international gold prices, which in turn affect domestic rates.

Market participants expect gold prices to remain firm in the near term if the rupee stays weak and demand continues at current levels.

Business

Gold Prices Decline Slightly on January 16

Published

1 week ago

January 16, 2026

Namma Kudla

Gold prices witnessed a mild decline in the domestic bullion market on January 16, 2026. The price of 24-carat gold was recorded at ₹143,080 per 10 grams. This marked a fall of ₹360 compared to its previous closing price, indicating a soft trend in the precious metal market.

Similarly, the price of 22-carat gold also moved lower. It was trading at ₹131,157 per 10 grams during the day. The decline in gold prices reflects cautious sentiment among investors amid changing global economic signals.

Market experts said gold prices were affected by fluctuations in international markets and movements in the US dollar. Profit booking by investors at higher levels also contributed to the marginal drop in prices.

Despite the decline, demand for gold remains steady in the domestic market. Jewellers reported moderate buying interest, especially for 22-carat gold used in jewellery. Industry participants are now closely watching global inflation data, interest rate trends, and geopolitical developments.

Gold prices are expected to remain volatile in the coming days. Investors are advised to keep an eye on global cues and currency movements before making fresh investments.

Business

Silver Crashes ₹12,500 to ₹2.43 Lakh per kg; Gold Declines ₹900

Published

2 weeks ago

January 9, 2026

Namma Kudla

Silver prices fell sharply from record levels in the national capital on Thursday due to global profit-booking. The price of silver dropped by ₹12,500 to ₹2,43,500 per kilogram.

According to the All India Sarafa Association, the white metal had touched a record high of ₹2,56,000 per kilogram in the previous trading session on Wednesday. Silver had surged by ₹5,000 in that session amid strong global cues.

Gold prices also weakened on Thursday. The yellow metal declined by ₹900 per 10 grams in the local market. Traders attributed the fall to selling pressure after recent gains.

Market experts said that a rise in global prices earlier had encouraged investors to book profits. This selling pressure impacted both silver and gold prices in the domestic market.

They added that movements in international bullion prices and a stronger dollar also influenced the decline. Investors are now closely watching global economic signals for further direction in precious metal prices.