Bizz Buzz

Price is above all the moving averages, managing to keep itself bullish, with a strong bullish structure. Momentum indicator RSI is showing a pullback to the 60 level, which shows the underlying strength still exists, MACD is already showing bullish crossover as a confirmation.

Crude oil prices declined nearly 2 per cent to Rs 8,575 per barrel in futures trade as traders booked profits after the recent rally, tracking a weak trend in the global markets. Crude oil contracts for June delivery fell by Rs 151, or 1.73 per cent, to Rs 8,575 per barrel in a business turnover of 8,887 lots. Similarly, the July contract declined by Rs 145, or 1.69 per cent, to Rs 8,442 per barrel in 2,900 lots.

Silver futures remained under pressure for the fifth straight session, declining Rs 1,705 to Rs 2.33 lakh per kilogram on Thursday as investors shifted towards the US dollar amid escalating tensions in West Asia and lingering concerns over inflation. The white metal for July delivery depreciated 0.72 per cent in 11,600 lots. Analysts said a strong US dollar and elevated Treasury bond yields continued to reduce the demand for precious metals.

New Delhi: Extending losses for the fifth consecutive session, gold prices fell Rs 277 to Rs 1.47 lakh per 10 grams in futures trade on Thursday, tracking losses in the international markets as investors grappled with persistent geopolitical tensions in West Asia and its impact on inflation and interest rates. The yellow metal for August delivery decreased by 0.19 per cent, to Rs 1,47,740 per 10 grams.

New Delhi: Hybrid long‑short funds contributed 70 per cent of total Specialised Investment Funds (SIFs) assets under management in May, amounting to Rs 9,709 crore and recording an average folio size of Rs 33.9 lakh, a report said on Thursday. The report from ValueMetrics said total SIF AUM stood at Rs 13,814 crore as of May 31, 2026, with an average folio size of Rs 24.3 lakh.

Hyderabad: SAMCO Securities announced the launch of its global investing platform after receiving a broker-dealer licence from the International Financial Services Centres Authority (IFSCA) at GIFT City, enabling Indian investors to invest in US-listed stocks and exchange-traded funds (ETFs). The platform will provide research coverage on more than 700 global securities, including constituents of the S&P 500, NASDAQ 100 and over 100 ETFs, SAMCO Group Founder and CEO Jimeet Modi said in a webinar.

Sofia: External Affairs Minister S Jaishankar on Wednesday held talks with Bulgaria's top leadership and discussed ways to expand bilateral cooperation in trade, investment, defence, semiconductors, and artificial intelligence. Jaishankar, who is on a two-nation tour of Bulgaria and Finland from June 10-11, met Bulgarian Prime Minister Rumen Radev and conveyed the greetings of Prime Minister Narendra Modi to the government and people of the Balkan nation.

In today’s highly competitive healthcare sector, hospitals are investing unprecedented amounts in branding. Giant hoardings on busy roads, glossy advertisements in newspapers, social media campaigns showcasing cutting-edge technology, and visually striking hospital campuses have become standard practice. Branding has undoubtedly become an essential component of hospital growth and visibility.

New Delhi: Prime Securities, a listed Sebi-registered merchant banker, on Thursday said its group company, Prime Litmus Investment Management Ltd, has entered the alternative investment fund (AIF) business with the launch of the Prime Litmus Real Estate Opportunities Fund, targeting a corpus of Rs 1,000 crore, including a greenshoe option.

Washington/Moscow: US President Donald Trump on Wednesday described Prime Minister Narendra Modi as a “Great One”, while Russia hailed him as the “doyen of all Indian prime ministers” as world leaders congratulated him on becoming India’s longest continuously serving elected representative at the top post.