Trading in Electronic Gold Receipts (EGRs) on the National Stock Exchange (NSE) begins from May 18, marking a significant change in India’s organised gold market and offering investors a new way to buy and hold the precious metal in digital form, ET reported.The market will operate from Monday to Friday between 9 am and 11:30…
Petrol and diesel became Rs 3 costlier last week, and your monthly budget is set to feel a little heavier. The ongoing conflict in the Middle East has pushed global fuel prices higher, tightening energy supplies, with countries adopting a range of measures to manage the pressure.In India, the government raised fuel prices for the…
India’s overall merchandise exports increased 13.8 per cent year-on-year in April 2026, largely supported by petroleum exports. (AI image) India’s import burden started climbing in April 2026, with the country’s merchandise trade deficit widening to $28.4 billion, compared with nearly $27 billion in April 2025 and $20.7 billion in March 2026. The expansion in the…
Top stocks to buy (AI image) Stock market recommendations: Bharti Airtel, and Kirloskar Oil Engines are the top stocks that Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities recommends buying for this week (starting May 18, 2026). The analyst also shares his views on Nifty and Bank Nifty:Nifty ViewAfter trading within a tight…
“Indian equity markets are expected to open on a negative note, with Gift Nifty trading around 23,539, down by 169 points, indicating weak opening cues for domestic indices. Nifty ended on a mildly negative note on 15th May 2026, closing at 23,643.50, down 46.10 points or 0.19%, amid profit booking from higher levels. The index…
Rupee extended its fall on Monday, opening at an all-time low of 96.20 against the US dollar, slipping 0.2% from its previous close. This comes as the ongoing Middle East conflict continues to cloud sentiments and unsettle markets. With this fall the currency has trimmed 5.5% since the crisis began. Last week, the currency crossed…
MUMBAI : UK’s Prudential plc has doubled down on its India plans, with the British insurer agreeing to acquire a 75% stake in Bharti Life Insurance from Bharti Life Ventures and 360 ONE Asset Management for an initial cash consideration of Rs 3,500 crore. The transaction will hand Prudential both majority ownership and operational control,…
Jateen Trivedi, VP Research Analyst – Commodity and Currency at LKP Securities, said gold maintained a firm upward bias last week, climbing almost 4 per cent on MCX and finishing near Rs 1,58,000. He noted that the rally was mainly driven by the recent 6 per cent increase in import duty, which pushed domestic prices…
Top stocks to buy today (AI image) Stock market recommendations: Motilal Oswal Wealth Management Research Desk recommends picking up Syrma SGS, and Max Financials as the top stocks for the trading week starting May 18, 2026: Stock Rating CMP (Rs) Target (Rs) Upside (%) Syrma SGS Buy 1016 1300 28% Max Financials Buy 1601 1980…
Jefferies has a buy rating on Bharti Airtel with the target price raised to Rs 2,350 from Rs 2,250. Analysts said the telecom major’s Jan-March quarter (Q4FY26) revenues and earnings before interest, taxes, depreciation, and amortisation (EBITDA) beat analysts’ estimates, but normalised profits missed estimates. India mobile average revenue per user (ARPU), strong growth in…