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- Business News Update; Share Market All Time High, Gold Silver Record High, Petrol Diesel Price Today 26 Sep
New Delhi3 days ago
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Yesterday’s big news was related to gold and silver. The price of gold reached its all-time high. The price of 10 grams 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 to keep an eye on…
- 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 tomorrow’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 was being sold at ₹ 90,730 per kg.
Gold price reached its all-time high (25 September). According to India Bullion and Jewelers Association (IBJA), on Wednesday, the price of 10 grams of 24 carat gold increased by Rs 484 to Rs 75,248. Earlier on Tuesday, its price was Rs 74,764 per ten grams. So far this week, gold has become costlier 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 May 29.
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2. Sensex made a high of 85,236 and Nifty made a high of 26,032: Market climbed 255 points and closed at 85,169, there was a rise in IT and energy shares.
The stock market has made an all-time high for the sixth consecutive day on September 25. During trading, Sensex touched 85,247 and Nifty touched 26,032. After this, the Sensex closed at the level of 85,169 with a gain of 255 points.
Nifty also gained 63 points and closed at the level of 26,004. There has been a rise in auto, IT, energy and banking shares. Shares of PowerGrid today closed at Rs 364.20, up Rs 14.15 (4.04%). It was the top gainer of Nifty 50.
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3. Supreme Court said on Byju’s-BCCI agreement – Where did the money come from: Why chose BCCI for the agreement, will send the matter again for investigation.
The Supreme Court has raised questions on 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 Byjus case, asked where the money for the settlement was coming from.
The CJI said that we will again send it to the National Company Law Appellate Tribunal (NCLAT) for investigation. Byju’s US-based lender Glass Trust Company has challenged the agreement with BCCI in the Supreme Court.
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4. SEBI approval to Swiggy 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 its initial public offering (IPO) in April.
According to media reports, the company can launch this IPO in November this year. Swiggy is planning to raise more than Rs 11 thousand crore through this at a valuation of Rs 1.25 lakh crore. There will be fresh shares worth Rs 5000 crore.
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5. Hyundai Motors India’s IPO may come next month: Company will raise Rs 25,000 crore; This will be the biggest IPO in the country after LIC.
After getting approval from market regulator SEBI, Hyundai Motors India is preparing to launch the biggest ever initial public offering i.e. IPO in the Indian market. According to media reports, the company may launch IPO in October next month.
Hyundai had filed draft red herring prospectus (DRHP) with the Securities and Exchange Board of India in June 2024 to launch an IPO. The company is considering raising about Rs 25,000 crore through IPO, for which the company will not issue a single new share. The existing investors and promoters of the company will sell their shares through Offer for Sale (OFS).
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Now read the news you need…
Invest in gold through ETF: Up to 26% return given in last 1 year, know special things related to it.
On September 25, gold crossed Rs 75,000 per 10 grams for the first time and reached all-time high. According to IBJA, so far this year the price of gold has increased by Rs 11,908. 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 returns of up to 26% in the last 1 year. In such a situation, here we are telling you about Gold ETF…
Click here to read the full news…
Also see who were the top 10 richest people in the world yesterday…
Know the condition of tomorrow’s share market and gold and silver…
Know the latest price of petrol, diesel and gas cylinder…
