Gold prices tick up on recession fears, trade uncertainty

On Wednesday, the bullion ended lower but remained around its over six-year peak of $1,554.56 hit on Monday.   Gold prices eked out gains on Thursday against the backdrop of recession fears, with traders tracking signs of progress on the US-China trade talks and global central banks for...

Stock picks of the day: Nifty to end August expiry between 10,800 and 11,200

A breakout on either side of the band will give a clear indication of the further trend.    The Nifty witnessed a V-shaped reversal rally but the gains were capped at 11,150 levels on August 28. On the lower side, as per the change of polarity principle, the short-term moving average --...

Are bond markets exaggerating the risk of recession?

To give due credit to prognosis of the bond markets, it is important to note that US yield curve over the several decades has inverted on most of the occasions ahead of a US recession.    There has been an unprecedented dash for safe-haven assets given the widespread global concern...

Govt relaxes FDI norms: 100% FDI in coal mining, contract manufacturing; 26% in digital media

The government has also relaxed FDI rules for single brand retail and expanded definition of 30 percent domestic sourcing.   The government on August 28 announced that it has approved 100 percent Foreign Direct Investment (FDI) through the automatic route in coal mining, its sale and all...