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Investors searched for a sense of direction after US markets failed to provide cues Global markets today: Global investors are eyeing US earnings reports, with Goldman Sachs issuing disappointing results as its showed traders failed to capitalise on Wall Street’s fixed-income boom, contributing to firmwide revenue that trailed estimates. Bank of America Corp rose after profit beat expectations. Investors are also keeping an eye on the results of regional US banks after three collapsed last month as lenders face pressure from rising interest rates. Meanwhile, the Indian stock market oscillated in a narrow range and ended marginally lower, in continuation of Monday's decline. We are seeing reactions largely based on earnings, in absence of any major event. Banking and financials hold considerable weight in the benchmark and their resilience indicates further room for upside," said Ajit Mishra, VP - Technical Research, Religare Broking. US stock market Wall Street stocks finishe

Gold rate today has immediate support placed at $1,980 levels in international market and in domestic market its immediate support is placed at ₹59,700 levels, say experts Gold rate today: Despite US dollar continued to attract buying interest of currency market bulls, gold price today sustained above $2,000 per ounce levels in international market that triggered bottom fishing in Indian markets as well. Gold future contract on Multi Commodity Exchange (MCX) for June 2023 opened higher and went on to high intraday high of ₹60,404 per 10 gm within few minutes of commodity market opening. In international market, gold price bounced back immediately after hitting intraday low of $1,995.51 levels and climbed to intraday high of $2,006.24 levels. According to commodity market experts, despite strength in US dollar on Monday deals, the American currency continues to remain a 'sell on rise' asset and Dollar Index may soon breach its immediate support placed at 100 levels. They said

For Wednesday, Ganesh Dongre, Senior Manager - Technical Research at Anand Rathi expects Nifty to find support at 17300/17350 with resistance between 18050/18100. While the Bank Nifty index is seen to have support in the range of 40300/40500 with resistance at 41500/41600. Markets have been on a rising spree for seven consecutive days now. Sensex has crossed its psychological mark of 60,150, while the Nifty 50 almost neared 17,750 levels. On Wednesday, market sentiments will be driven by CPI inflation and factory output data. Also, global trends will add to the mood. Investors will also bet amidst the onset of Q4 earnings season with TCS being scheduled to be released later in the day. On Tuesday, Sensex closed at 60,157.72 up by 311.21 points or 0.52%. Nifty 50 jumped by 98.25 points or 0.56% to end at 17,722.30. Rohan Patil, Technical Analyst, SAMCO Securities said, "The frontline index of NSE Nifty-50 ended on a positive note for the seventh straight session and closed above 17

Gold, silver rate today are rising on these 5 reasons — weakness in US dollar rate, poor US data, US Fed interest rate peak out, fear of slowdown and rising oil prices, say experts Gold rate today extended its rally on yet another session after hitting life-time high of ₹61,145 per 10 gm on Multi Commodity Exchange (MCX) on Tuesday. While climbing to record high on MCX, gold price hit 13-month high in international market. Silver rates today are also in uptrend hitting 12-month high in international market whereas it hit 22-month high on MCX. According to commodity market experts, reason for rise in gold and silver rates in commodity market today can be attributed to these 5 reasons — weakness in US dollar rate, poor US data, US Fed interest rate peak out, economic uncertainty and rising crude oil prices. They said that gold price in India have strong support placed at ₹59,500 levels while in international market the yellow metal has strong support placed at $2,010 levels. Likewise, s

Share Market LIVE Updates: Indian stock market started in the green as Sensex goes above 57,700 and Nifty adds 50 pts. Most sectors start in green with Adani stocks gaining in early trading. Wall Street ended lower on Tuesday as Tech and Bank stocks continued to remain under pressure. Asian markets are also mostly trading lower in the morning session. Indian stock market will be firmly under the grips of bears as global banking stocks continue to remain volatile. Domestically, RBI policy decisions will drive the market in the coming weeks. RBI will begin its 3-day monetary policy meeting on April 3rd and the outcome in key rates and economic outlook will be announced on April 6th. FCI procures season’s first wheat in Madhya Pradesh, buys 10,727 tonne The Food Corp. of India (FCI) procured 10,727 tonne of wheat on Monday, the first day of 2023-24 rabi marketing year. The quantity was purchased at the minimum support price of ₹2,125 per quintal in Madhya Pradesh, said Ashok Meena, chair

Hindustan Zinc has announced ₹26 per share interim dividend to its eligible shareholders One of the dividend stocks in India, Hindustan Zinc Ltd announced fourth interim dividend in FY23 on Tuesday. The board of directors of the state-owned company declared ₹26 per share interim dividend for the financial year 2022-23. The company has already fixed record date for finalising the eligible shareholder for interim dividend payment on 29th March 2023. From this ₹26 per share interim dividend, a big number of its shareholders are going to benefit directly as dividends are directly transferred into the bank account of company's shareholders. As LIC, Vedanta too have stake in Hindustan Zinc, these two companies are expected earn whopping amount from this ₹26 per share interim dividend. As per ther shareholding pattern of Hindustan Zinc for October to December 2022 quarter, Vedanta is expected to earn around ₹7,132 crore whereas Life Insurance Corporation (LIC) is expected to earn near ₹29