Gold price climbs to new peak as US-China trade tension fuels safe-haven demand. Will this rally sustain till Diwali?

Aksha Kamboj, Vice President, India Bullion & Jewellers Association (IBJA) and Executive Chairperson, Aspect Global Ventures, believes that the bullion is likely to witness further volatility ahead of festive season.   Gold price continues to see bull run on Tuesday driven by rising concerns over US tariffs and expectations of additional rate cuts by the…

Sensex rallies 907 pts in 2 days, Nifty tops 25,300 ahead of Fed outcome; what to expect?

At the closing bell, the Sensex advanced 313.02 points, or 0.38 per cent, to 82,693.71, extending its two-day winning run by 907 points. State Bank of India (SBI) emerged as the top gainer on the Sensex, climbing 2.91 per cent to Rs 856.00. Bharat Electronics (BEL) advanced 2.41 per cent. Domestic equity benchmarks extended their…

GST new rates: High-end electric vehicles likely to attract 18% to 28% GST

According to the proposals, GST on four-wheeled EVs priced between Rs 20 lakh and Rs 40 lakh will be raised from 5% to 18%, while EVs costing more than Rs 40 lakh will face a jump from 5% to 28%. Only electric buses will continue to enjoy the existing 5% concessional rate. The GoM argued…

Technical View: Nifty needs to reclaim 25,300 for sustained uptrend, India VIX approaches 15-month low

India VIX fell sharply after a couple of days of upward movement, closing at 11.48 (the lowest closing level since April 26, 2024), down 4.17 percent. This decline brings more stability and confidence to the market. Nifty Outlook for July 16 The Nifty 50 rebounded for the first time in five consecutive sessions, rising nearly…