Tag Archives: highs

Sensex, Nifty hit fresh highs; bank stocks drive rally

Markets continued their record- setting spree for the second straight day with BSE benchmark Sensex rising over 178 points to hit new closing high of 35,260.29 and Nifty ending above 10,800 for the first time, driven by a rally in banking counters. Upbeat sentiment got boost on reports that the government is considering raising the foreign investment ceiling in private ... Read More »

Global Cues Lift Gold Prices To 7-Week Highs

Sustained buying by local jewellers kept gold prices elevated, traders said. New Delhi: Rising for the third straight day, gold prices jumped by Rs. 100 to trade at a seven-week high of Rs. 30,750 per 10 grams at the bullion market on Saturday amid a firm trend overseas and local buying push. Silver too gained Rs. 100 to Rs. 39,900 per kg, backed by increased offtake by industrial units ... Read More »

Sensex slips after hitting record highs but over 50 stocks hit a lifetime high on BSE

The S&P BSE Sensex, which started with a small gap on the upside, was enough to take out its previous landmark high of 33,865.95 on 7th November to hit a fresh record high of 33,956.31 on Wednesday. The bulls failed to keep the momentum going beyond the opening tick and the index quickly pared gains and slipped in red in ... Read More »

Stocks could see more new highs before a significant pull back

Bryan R. Smith | AFP | Getty Images The Wall Street Bull sculpture is seen in the Financial District on December 8, 2016 in New York. Stocks have the wind at their back, with catalysts in place for more new highs. The three major indices all closed at records Tuesday. The S&P 500edged to a high of 2496, a short hop ... Read More »

Here’s what could go wrong with stocks at record highs

Jung Yeon-Je | AFP | Getty Images A man walks past a television screen showing file footage of a North Korean missile launch, at a railway station in Seoul on April 5, 2017. The midsummer market is a Goldilocks market, but it’s about to head into what can be two of the worst months of the year for stocks and ... Read More »

Oil prices dip but stay near one-year highs on expected output cut

Oil prices edged down on Tuesday but held near one-year highs touched on growing expectations of an output cut by OPEC producers, with traders saying the price outlook remains bullish as confidence in crude markets rises. Oil prices jumped as much as 3 percent on Monday, with Brent hitting a one-year peak, after Russia and Saudi Arabia both said a ... Read More »

Oil hits eight-month highs on U.S. inventory draw, China imports

Oil prices rose for a third day to their highest in about eight months on Wednesday, helped by industry data showing a larger-than-expected drawdown in U.S. crude inventories, worries about attacks on Nigeria’s oil industry and strong Chinese demand. London Brent crude for August delivery was up 9 cents at $51.53 a barrel by 0451 GMT, after settling up 89 ... Read More »

Monarch butterflies rebounding but population still well off highs

North America’s monarch butterflies are on a rebound and the number of the plucky orange and black creatures, which gather in Mexico before flying north to Canada, could soon stand at around 150 million, a new survey showed on Friday. The survey from the World Wildlife Fund in Mexico is the second this month to show the numbers on the ... Read More »