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Oil eases as US demand concerns outweigh fears over Middle East conflicts.

Oil prices eased in early trade on Thursday as concerns about a potential slowdown in the U.S. economy amid prospects for delayed interest rate cuts outweighed worries over the risk of expanding conflict in the Middle East.

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Gold edges higher; hovers near one-week low on tempered Middle East fears..

Gold prices edged up on Tuesday but hovered near a one-week low hit in the previous session, as worries over a wider Middle East conflict subsided, boosting investors’ risk appetite and lowering bullion’s safe-haven demand.

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Market Close:

Market ended higher for the third consecutive session on April 1 with Nifty around 22,450.

At close, the Sensex was up 363.20 points or 0.49 percent at 74,014.55, and the Nifty was up 135.10 points or 0.61 percent at 22,462.00. About 3015 shares advanced, 572 shares declined, and 112 shares unchanged.

Tata Steel, JSW Steel, Adani Ports, Shriram Finance and Divis Labs are among the top gainers on the Nifty, while losers are Eicher Motors, Titan Company, Bajaj Auto, LTI Mindtree and Nestle.

Except Auto, all other sectoral indices ended in the green with metal, power, capital goods, healthcare, realty up 1-4 percent, while oil & gas, Information Technology, bank up 0.5 percent each.

The BSE midcap index rose 1.6 percent and the small cap index gained nearly 3 percent.

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Closing Bell:

Nifty above 22,450, Sensex gains 400 pts; except auto, all sectors in the green.

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Closing Bell: Nifty above 22,450, Sensex gains 400 pts; except auto, all sectors in the green.

Sensex Today | Stock Market LIVE Updates: Tata Steel, JSW Steel, Adani Ports, Shriram Finance and NTPC are among the top gainers on the Nifty, while losers are Eicher Motors, Titan Company, Bharti Airtel, LTIMindtree and Nestle.

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Gold prices soar to record high.

Mumbai, April 1 (IANS) Gold prices rose to a new lifetime high of $2,263.53 per ounce in the international market on Monday as geopolitical tensions increase in Central Asia, and the US Fed has signalled a rate cut. Tracking the rally in the international market, the MCX gold price in India (Gold Futures contract for April 2024 expiry) soared to a record high of Rs 69,487 per 10 gm in opening trade and was hovering at Rs 68,828 at 11:26 am.

“The rise in gold prices has been triggered by the US Fed signalling a rate cut…Gold has continuously been the fond asset class for central banking and safe-haven investment avenue,” said Colin Shah, Founder and MD of Kama Jewelry..

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Gold prices soar to record high.

Mumbai, April 1 (IANS) Gold prices rose to a new lifetime high of $2,263.53 per ounce in the international market on Monday as geopolitical tensions increase in Central Asia, and the US Fed has signalled a rate cut. Tracking the rally in the international market, the MCX gold price in India (Gold Futures contract for April 2024 expiry) soared to a record high of Rs 69,487 per 10 gm in opening trade and was hovering at Rs 68,828 at 11:26 am.

“The rise in gold prices has been triggered by the US Fed signalling a rate cut…Gold has continuously been the fond asset class for central banking and safe-haven investment avenue,” said Colin Shah, Founder and MD of Kama Jewelry..

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