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2025-05-16 06:59:47| The Economic Times

Gold futures opened lower at MCX, continuing a week-long price decline, while silver also saw a slight dip. Despite early session losses due to easing geopolitical tensions, both metals recovered following mixed U.S. economic data and a weaker dollar. Experts suggest monitoring volatility and key support levels for trading gold and silver.

Category: News and Media

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2025-05-16 06:52:49| The Economic Times

Delegations from Moscow and Kyiv will meet in Istanbul for talks on the Ukraine conflict. Expectations are low due to the absence of Vladimir Putin. Donald Trump believes progress is unlikely until he meets Putin. Volodymyr Zelenskyy also doubts a breakthrough. Talks will involve Russia, Ukraine, Turkey, and the US. Russia seeks territorial concessions, while Ukraine wants a ceasefire.

Category: News and Media

2025-05-16 06:34:46| The Economic Times

Sunny Agrawal from SBI Cap Securities suggests a constructive short-term market outlook, anticipating a potential 50 basis point rate cut by the RBI. He recommends overweighting banking (ICICI Bank, HDFC Bank, Indian Bank), auto (Mahindra & Mahindra, Force Motors), and oil & gas (HPCL) sectors.

Category: News and Media

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