Gold prices fall by Rs 3,200/10 gms in 2 weeks. More downside in sight?
Profit booking led to a decline in precious metals, with gold August futures on MCX opening lower. Over the past two weeks, gold prices have decreased, while silver remained relatively flat. Traders unwound long positions ahead of the FOMC meeting minutes and concerns over Trump’s tariff policies, impacting both domestic and international markets.
Nomura predicts 18% downside in Godrej Properties, sees Phoenix Mills falling 11% on lofty valuations
Nomura initiates ‘reduce’ ratings on Godrej Properties and Phoenix Mills. The brokerage projects an 18% downside for Godrej Properties and 11% for Phoenix Mills. Execution risks and slowing growth are concerns. Nomura cites weakening pre-sales and margin pressures. The brokerage urges valuation realism in India’s real estate sector. It highlights stretched valuations relative to sector […]
Trump’s copper tariffs meant to raise revenue, not curb supply chains: Peter McGuire
Peter McGuire analyzes the potential impact of increased tariffs on copper prices, noting President Trump’s revenue-focused agenda. Suppliers face decisions on absorbing costs or passing them to consumers, affecting competitiveness. McGuire anticipates higher copper prices, observing market reactions on COMEX and monitoring LME trading to assess future trends.
Dollar at more than two-week high versus yen as trade war intensifies
The dollar strengthened against the yen following President Trump’s tariff announcements on Japan and other trade partners, though previous tariffs initially weakened the dollar. Uncertainty prevails as Trump threatens new tariffs on copper, semiconductors, and pharmaceuticals, while the EU may receive exemptions. Japan, struggling to reach a trade deal, faces currency pressure amid upcoming elections […]
Copper tumbles globally after Trump’s 50% tariff call
Copper prices dipped on the London Metal Exchange and Shanghai Futures Exchange following U.S. President Trump’s announcement of a 50% tariff on copper. This move effectively ends the arbitrage trade that had been drawing copper into the U.S., causing Comex inventories to surge.
Hindustan Copper, Vedanta shares tumble up to 4% after Trump announces 50% tariffs on copper imports
US President Donald Trump announced a 50% tariff on copper imports, impacting companies like Hindustan Copper and Vedanta. This move, effective by the end of July or August 1, follows an investigation under Section 232 of the Trade Expansion Act.
ICICI Bank announces proposal to buy 2% additional stake in ICICI Prudential AMC ahead of IPO
ICICI Prudential AMC filed its Draft Red Herring Prospectus (DRHP) dated July 8, 2025, with SEBI, BSE, and NSE for its planned initial public offering (IPO).
Clean exits, real reporting: What family offices now want from real estate, highlights Ramashrya Yadav of Integrow AMC
Indian family offices are changing their real estate investment strategies. They are moving away from directly owning properties. Instead, they are investing in real estate through Alternative Investment Funds or AIFs. This shift provides better management, transparency, and diversification. High Net worth Individuals are seeking structured deals and clean exits. Residential development and yield-generating commercial […]
ETMarkets Smart Talk: ‘Too Old to Rally, Too Young to Fall’ – Kedar Kadam on navigating markets in FY26
Kedar Kadam of Dolat Capital anticipates muted returns in Indian equities for the rest of FY26, emphasizing stock picking and sector rotation. He advises monitoring global uncertainties, domestic policy changes, and macro data. Kadam suggests a balanced portfolio with fixed income for hedging and highlights opportunities in specific sectors like financials and renewable energy.
Positive Breakout: These 7 stocks cross above their 200 DMAs
In the Nifty500 pack, seven stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on July 8, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day […]