Ten grams of 22-carat gold is trading at Rs 46,650 today after rising Rs 250
Global stocks and government bond yields rose on Thursday after the European Central Bank raised interest rates by a record 75 basis points
Fed fund futures are now pricing in a 85% chance of a 75-basis-point rate hike by the Fed at its Sept. 20-21 policy meeting
Investors are expecting the ECB to go for a hefty rate hike to combat soaring inflation. The policy decision is due at 1215 GMT
CLOSING BELL: ITC, Sun Pharma, RIL, Tata Steel, NTPC, HCL Tech, L&T, and ICICI bank were the top Sensex gainers, while Hindalco, JSW Steel, Grasim, and Cipla were additional top gainers on the Nifty50
The BSE Sensex has declined merely 2.5 per cent, even as the Dow Jones declined close to 8 per cent.
For Ethereum, which is scheduled to go for 'The Merge' on September 6, will likely break out of the $2,000 level before the event, experts suggest
The largest cryptocurrency is down about 6% since Powell's hawkish Aug. 26 Jackson Hole speech underlined that the Federal Reserve wants to subdue financial markets
Experts say any fall in US equities could reflect in the domestic markets as well
The largest token fell as much as 2.3% on Monday to $19,527, the fifth day of declines
CLOSING BELL: Mukesh Ambani laid out succession plan with Akash Ambani championing telecom, Isha Ambani controlling Retail, and Anant Ambani joining new-energy vertical
Gold prices took a beating as US Federal Reserve Chair acknowledged that a quick undo of central bank's rate tightening was far from over, which boosted the dollar and sent bullion to a one-month low
Equity markets declined the most in around a month on Monday following US Fed chief Jerome Powell's comments on Friday, which indicated that it will continue with its restrictive monetary policy
RBI interventions to determine rupee's course amid surging dollar
As economic growth slows, prices for key raw materials - from oil to copper and wheat - have cooled in recent weeks, taking pressure off the cost of manufactured goods and food
Oil prices were mixed on Monday as investors balanced expectations the OPEC will cut output to support prices against concerns sparked by Federal Reserve Chairman Jerome Powell
Reliance Industries (RIL) will hold its 45th Annual General Meeting (AGM) via video conferencing today at 2 pm on Monday, August 29
The Fed has made its policy position clear
Last week, the Sensex and the Nifty shed over 1 per cent but were still up nearly 15 per cent from their June lows
But depreciation likely to be orderly because of RBI support, FPI inflows