Help to meritorious student with cash amount
Friends of Weaker Society awarded a Rs 28,100 scholarship to Mantasha Anjum of Doranda, who scored 91.8% in JAC Matric 2025, for admission to Nirmala College. Her father, a milk vendor, couldn't afford the fee.
Society patron Nizamuddin Zubairi presented the cheque. Another student, Sadaf Firdaus, received Rs 5,000. According to locals, the initiative supports meritorious Muslim students from financially weak backgrounds.
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Economic Times
31 minutes ago
- Economic Times
Gold Price Prediction: War tensions push yellow metal down by Rs 1,900 from peak. Turbulence ahead?
Live Events How to trade gold? Manoj Kumar Jain suggested the following ranges for gold and silver on MCX: Gold has support at Rs 98,660-98,280 and resistance at Rs 99,400-99,850 Silver has support at Rs 1,05,400-1,04,650 and resistance at Rs 1,07,000-1,07,800 Gold rates in physical markets Gold Price today in Delhi Gold Price today in Mumbai Gold Price today in Chennai Gold Price today in Hyderabad (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Amid geopolitical tensions and a war scenario, Gold August futures contracts at MCX opened flat at Rs 99,175/10 grams, which is up merely by Rs 66 or 0.07%. However, the prices of the yellow metal have slipped by Rs 1,900 from their all-time high of Rs 1,01,078/10 silver July futures showed strength, opening higher by Rs 503 or 0.47% at Rs 1,06,727/ gold and silver prices hovered near $3,360 and $36 per ounce, respectively, on Monday, remaining volatile as tensions escalated in the Middle East after the U.S. joined Israeli strikes on Iran's nuclear Trump warned of further military action if Iran resists peace, intensifying fears and boosting demand for safe-haven Friday, gold and silver settled on a weaker note in the domestic market while settling on a mixed note in the international markets. Gold August futures contract settled at Rs 99,109 per 10 grams with a loss of 0.22%, and silver July futures contract settled at Rs 1,06,224 per kilogram with a loss of 1.09%.Gold and silver showed very high price volatility and slipped from their highs amid the hawkish policy stance of the U.S. Fed. The U.S. Fed maintained a status quo on interest rates and also downgraded growth also show concerns about higher inflation due to U.S. trade and silver also plunged after the U.S. President said that it will take two weeks to decide whether to intervene in the Israel-Iran war or not. However, the US stroke on Iran's three main nuclear facilities over the comes at a fragile moment for the global dollar index is also facing resistance at higher levels and supporting prices of gold and silver. Today, the US Dollar Index, DXY, was hovering near the 99.01 mark, gaining 0.31 or 0.31%.'We expect gold and silver prices to remain volatile this week amid volatility in the dollar index and geo-political tensions and Chairman's testify but gold prices could hold its support level of $3,280 per troy ounce and silver prices could also hold $34.40 per troy ounce levels on a weekly closing basis,' said Manoj Kumar Jain of Prithvifinmart Commodity Research.'Investors now turn to upcoming U.S. economic data and speeches from Federal Reserve officials, including a two-day congressional testimony by Chair Jerome Powell, to gauge the Fed's response amid rising risks from tariffs and conflict,' believes Rahul Kalantri, VP Commodities at Mehta suggests buying silver around Rs 95,500 with a stop loss of Rs 95,000 for a target of Rs 96, gold (22 carat) prices in Delhi stand at Rs 57,216/8 grams while pure gold (24 carat) prices stand at Rs 60,968/8 gold (22 carat) prices in Mumbai stand at Rs 57,576/8 grams while pure gold (24 carat) prices stand at Rs 61,416/8 gold (22 carat) prices in Chennai stand at Rs 56,936/8 grams while pure gold (24 carat) prices stand at Rs 60,744/8 gold (22 carat) prices in Hyderabad stand at Rs 56,880/8 grams while pure gold (24 carat) prices stand at Rs 60,576/8 grams.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
35 minutes ago
- Time of India
Gold Price Prediction: War tensions push yellow metal down by Rs 1,900 from peak. Turbulence ahead?
Amid geopolitical tensions and a war scenario, Gold August futures contracts at MCX opened flat at Rs 99,175/10 grams, which is up merely by Rs 66 or 0.07%. However, the prices of the yellow metal have slipped by Rs 1,900 from their all-time high of Rs 1,01,078/10 gm. However, silver July futures showed strength, opening higher by Rs 503 or 0.47% at Rs 1,06,727/kg. Internationally, gold and silver prices hovered near $3,360 and $36 per ounce, respectively, on Monday, remaining volatile as tensions escalated in the Middle East after the U.S. joined Israeli strikes on Iran's nuclear sites. President Trump warned of further military action if Iran resists peace, intensifying fears and boosting demand for safe-haven assets. On Friday, gold and silver settled on a weaker note in the domestic market while settling on a mixed note in the international markets. Gold August futures contract settled at Rs 99,109 per 10 grams with a loss of 0.22%, and silver July futures contract settled at Rs 1,06,224 per kilogram with a loss of 1.09%. Gold and silver showed very high price volatility and slipped from their highs amid the hawkish policy stance of the U.S. Fed. The U.S. Fed maintained a status quo on interest rates and also downgraded growth outlooks. They also show concerns about higher inflation due to U.S. trade tariffs. Gold and silver also plunged after the U.S. President said that it will take two weeks to decide whether to intervene in the Israel-Iran war or not. However, the US stroke on Iran's three main nuclear facilities over the weekend. This comes at a fragile moment for the global economy. The dollar index is also facing resistance at higher levels and supporting prices of gold and silver. Today, the US Dollar Index, DXY, was hovering near the 99.01 mark, gaining 0.31 or 0.31%. 'We expect gold and silver prices to remain volatile this week amid volatility in the dollar index and geo-political tensions and Chairman's testify but gold prices could hold its support level of $3,280 per troy ounce and silver prices could also hold $34.40 per troy ounce levels on a weekly closing basis,' said Manoj Kumar Jain of Prithvifinmart Commodity Research. 'Investors now turn to upcoming U.S. economic data and speeches from Federal Reserve officials, including a two-day congressional testimony by Chair Jerome Powell, to gauge the Fed's response amid rising risks from tariffs and conflict,' believes Rahul Kalantri, VP Commodities at Mehta Equities. How to trade gold? Manoj Kumar Jain suggested the following ranges for gold and silver on MCX: Gold has support at Rs 98,660-98,280 and resistance at Rs 99,400-99,850 Silver has support at Rs 1,05,400-1,04,650 and resistance at Rs 1,07,000-1,07,800 Jain suggests buying silver around Rs 95,500 with a stop loss of Rs 95,000 for a target of Rs 96,650. Gold rates in physical markets Gold Price today in Delhi Standard gold (22 carat) prices in Delhi stand at Rs 57,216/8 grams while pure gold (24 carat) prices stand at Rs 60,968/8 grams. Gold Price today in Mumbai Standard gold (22 carat) prices in Mumbai stand at Rs 57,576/8 grams while pure gold (24 carat) prices stand at Rs 61,416/8 grams. Gold Price today in Chennai Standard gold (22 carat) prices in Chennai stand at Rs 56,936/8 grams while pure gold (24 carat) prices stand at Rs 60,744/8 grams. Also read: Why stock market is falling today? Key factors behind 900-point Sensex crash, Nifty below 24,850 Gold Price today in Hyderabad Standard gold (22 carat) prices in Hyderabad stand at Rs 56,880/8 grams while pure gold (24 carat) prices stand at Rs 60,576/8 grams. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
News18
39 minutes ago
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Eppeltone Engineers IPO Listing Tomorrow: What Does Latest GMP Signal?
Last Updated: Eppeltone Engineers IPO GMP: Unlisted shares of Eppeltone Engineers Ltd are trading at Rs 211 apiece in the grey market, which is 64.8% premium over the upper IPO price of Rs 128. Eppeltone Engineers IPO Listing Date: The allotment of the Eppeltone Engineers IPO has already been finalised. Investors can check their allotment status on the websites of the BSE, the NSE and registrar Skyline Financial Services. Now, all eyes are on its listing, which will take place tomorrow, Tuesday, June 23. According to market observers, the latest GMP stands at 64.84%, which indicates strong listing gains for investors. The shares of Eppeltone Engineers Ltd will be listed on the NSE Emerge on June 24, 2025. Eppeltone Engineers IPO GMP Today According to market observers, unlisted shares of Eppeltone Engineers Ltd are currently trading at Rs 211 apiece in the grey market, which is a 64.84 per cent premium or GMP over the upper IPO price of Rs 128. It indicates strong listing gains for investors on June 24, the tentative listing date. The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price. Eppeltone Engineers IPO: A Step-By-Step Guide To Check Allotment Status The Eppeltone Engineers IPO allotment has been finalised. The IPO allotment status can be checked online by following these steps: Step 4: Hit 'Search' button. Your share application status will appear on your screen. You can also visit directly on the NSE's website — and check the Eppeltone Engineers IPO allotment status. Eppeltone Engineers IPO: More Info The public offer was open between June 17 and June 19 for public bidding. The IPO aimed to raise Rs 41.75 crore and comprised a fresh issue of 32.62 lakh equity shares. On the final day of bidding, the Rs 13.91-crore SME IPO received a 296.34 times subscription, garnering bids for 67,68,51,000 shares as against 22,84,000 shares on offer. The retail and NII participation stood at 248.04 times and 627.28 times, respectively. Its qualified institutional buyer (QIB) category got a 132.23 times subscription. The price band was fixed at Rs 128 per share. Eppeltone Engineers Ltd's revenue increased by 57% and profit after tax (PAT) rose by 38% between the financial year ending with March 31, 2025 and March 31, 2024. Expert Global Consultants Pvt Ltd is managing the issue as the lead book runner, Skyline Financial Services Pvt Ltd is the registrar, and Prabhat Financial Services Ltd is the market maker. Eppeltone Engineers Ltd, founded in 1977, manufactures smart meters, power conditioning devices, and energy management solutions, primarily serving government clients in the B2B segment.
