Bullion prices rebounded after two days of sharp fall with silver logging its steepest single-day gain of Rs 5,200 to hit Rs 95,800 per kg on Wednesday amid strong global trends and buying rush from local jewellers. Gold of 99.9% purity climbed Rs 650 to Rs 78,800 per 10 grams in the national capital on Wednesday, according to the All India Sarafa Association.
Open FlipCrude oil prices were stable on Wednesday, due to an expectation from the market, regarding ceasefire agreement between Israel and Hezbollah. The ceasefire expectations were aligned with anticipation of OPEC+ meeting on Sunday, where the oil producing nations could delay a planned increase in oil output. Brent crude futures showed an upward movement of 32 cents, or 0.44% to $73.13 per barrel.
Open FlipJPMorgan has filed for a new ETF that aims to provide exposure to Nasdaq-100 stocks while using options to hedge against market downturns, according to a recent SEC filing. The JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF will invest at least 80% of its assets in equity securities, while employing an options strategy to provide continuous market hedging, according to the filing.
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