Yesterday's big news was related to gold and silver. The price of gold reached its all-time high. The price of 10 grams of 24 carat gold increased by Rs 484 to Rs 75,248. Silver became costlier by Rs 2,328 and reached Rs 90,730 per kg. The stock market made an all-time high for the sixth consecutive day. Sensex touched 85,247 and Nifty touched 26,032.
Before tomorrow's big news, today's major events, which will be in focus…
- There may be a rise in the stock market today on Thursday.
- There has been no change in the prices of petrol and diesel.
Now read yesterday's big news…
1. Gold crossed ₹ 75 thousand for the first time: It reached ₹ 75,248 per 10 grams, silver increased by ₹ 2,328 and is being sold at ₹ 90,730 per kg
The price of gold reached its all-time high on 25 September. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold rose by Rs 484 to Rs 75,248 on Wednesday. Earlier on Tuesday, its price was Rs 74,764 per ten grams. So far this week, gold has become more expensive by more than Rs 1100.
A big increase was also seen in the price of silver today. It became costlier by Rs 2,328 and reached Rs 90,730 per kg. Earlier, silver was at Rs 88,402. This year, silver has reached its all-time high of Rs 94,280 per kg on 29 May.
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2. Sensex made a high of 85,236 and Nifty of 26,032: Market closed at 85,169, up 255 points, IT and energy stocks rose
The stock market made an all-time high for the sixth consecutive day on September 25. During trading, the Sensex touched 85,247 and the Nifty touched 26,032. After this, the Sensex closed at 85,169 with a gain of 255 points.
Nifty also rose by 63 points and closed at 26,004. Auto, IT, energy and banking stocks saw a rise. Powergrid's stock rose by Rs 14.15 (4.04%) to close at Rs 364.20 today. It was the top gainer of Nifty 50.
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3. On Byju's-BCCI deal, Supreme Court said- where did the money come from: why was BCCI chosen for the deal, will send the matter for re-investigation
The Supreme Court has raised questions over the agreement between ed-tech company Byju's and the Board of Control for Cricket in India (BCCI). On Wednesday, Chief Justice of India (CJI) DY Chandrachud, while hearing the Byju's case, asked where the money for the agreement was coming from.
CJI said that we will send it again to the National Company Law Appellate Tribunal (NCLAT) for investigation of the matter. Byju's US-based lender Glass Trust Company has challenged the agreement with BCCI in the Supreme Court.
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4. Swiggy gets SEBI approval for IPO: Issue may come in November, company plans to raise ₹ 11,000 crore
Online food delivery platform Swiggy has received approval from the Securities and Exchange Board of India (SEBI) to launch an IPO. Swiggy had submitted draft papers to SEBI for an initial public offering (IPO) in April.
According to media reports, the company can launch this IPO in November this year. Through this, Swiggy is planning to raise more than Rs 11 thousand crore at a valuation of Rs 1.25 lakh crore. This will include fresh shares worth Rs 5000 crore.
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5. Hyundai Motors India's IPO may come next month: The company will raise 25,000 crores; It will be the biggest IPO in the country after LIC
After getting approval from market regulator SEBI, Hyundai Motors India is preparing to bring the biggest Initial Public Offering (IPO) ever in the Indian market. According to media reports, the company can bring IPO in October next month.
Hyundai filed draft red herring prospectuses (DRHP) with the Securities and Exchange Board of India to launch an IPO in June 2024. The company is looking to raise around Rs 25,000 crore through the IPO, for which the company will not issue a single new share. The company's existing investors and promoters will sell their shares through an offer for sale (OFS).
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Now read the news of your need…
Invest in gold through ETF: Gave up to 26% return in the last 1 year, know the special things related to it
On September 25, gold crossed Rs 75,000 per 10 grams for the first time and reached an all-time high. According to IBJA, the price of gold has increased by Rs 11,908 so far this year. On January 1, gold was at Rs 63,352, which has now reached Rs 75,260 per 10 grams.
According to Mahendra Lunia, chairman of Vighnaharta Gold, the price of gold can reach Rs 1.68 lakh per 10 grams by 2030. If you are also planning to invest in gold, then investing in Gold Exchange Traded Funds i.e. Gold ETFs can be a good option. It has given a return of up to 26% in the last 1 year. In such a situation, here we are telling you about Gold ETF…
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Also see who were the top 10 richest people in the world yesterday…
Know the condition of tomorrow's stock market and gold-silver…
Know the latest price of petrol, diesel and gas cylinder…
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