Metals Fluctuate as Middle East Escalation Keeps Bulls in Check
Investors’ worries about government debt, plus their increased expectations that the Fed will hike rates this year, are also affecting bond prices and raising yields.
India appears to be on the brink of a technology revolution, with semiconductors, spacetech, and deeptech poised to reshape its economic landscape. Ajay Modi, Director at Piper Serica, believes these industries have the potential to create a market opportunity of $500 billion to $1 trillion.
Gold edged higher, holding firmly above the key resistance point of $4,000 an ounce even as the widening conflict in the Middle East fuels expectations for tighter monetary policy.
IDFC First Bank has reported 132.4% increase in net profit to Rs 1,075 crore on a 23.36% rise in operating income to Rs 8,282 crore in Q1 FY27 as compared with Q1 FY26.