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Searched Tag: profit booking
Commerce and Industry Minister Piyush Goyal had said on Tuesday that India would only agree to a trade deal with the US if it is “fair, equitable and balanced”, adding that farmers’ and fishermen’s interests would be protected foremost

Sensex surges over 513 points on buying in IT stocks

November 19, 2025, 04:49 PM - 2 min read

Indian equity benchmark indices, Sensex and Nifty, rebounded sharply on Wednesday after a rally in IT stocks and sustained buying from domestic institutional investors, even as hopes of a breakthrough in India-US trade deal negotiations further lifted investor sentiment

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Commodities market experts attributed the decline to profit-taking and Powell's warning that there was no "risk-free path" for monetary policy

Gold, silver futures decline from record peaks on profit booking

September 24, 2025, 04:56 PM - 3 min read

US Federal Reserve Chair, Jerome Powell’s speech on Tuesday about slower easing of interest rates caused jitters amongst investors, bringing down gold and silver rates from their record peaks as profit-booking increased

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Dovish monetary policies by major central banks, weakness in the US dollar, robust purchases by central banks across the globe and heightened geopolitical and economic concerns have contributed to boosting the metal's safe-haven appeal

Prospect of trade deal with US brings down gold rates

September 10, 2025, 01:56 PM - 3 min read

After surging past ₹1.12 lakh per 10 gms on Tuesday, gold prices dropped below ₹1.09 lakh per 10 gms on Wednesday after investors booked profits at elevated levels as tensions between India and the US seemed to be easing and hopes of a possible trade deal finalisation shone through

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