The Press Editor

Islamabad: Pakistan Stock Exchange (PSX) plunged over 5,000 points on Monday after the United States and Iran failed to reach a peace deal at their historic 21-hour talks in Islamabad. Market trades on a cautious note in the opening session, and by midday, the benchmark KSE-100 (Karachi Stock Exchange) Index fell sharply by 5,353.67 points, as heavy selling was witnessed by investors at the outset. The KSE-100 Index dropped 4,567.31 points or 2.73 per cent to 1,62,624.06 within two hours of trading starting on the floor. Later, despite the intra-day volatility, the index showed signs of recovery as the bourse…

New Delhi: Markets have been highly volatile of late, and this has shifted focus to dividend stocks among long-term investors. Gone are the days when investment in dividend stocks was regarded as a slow, income-only strategy meant for retirees or conservative investors. According to experts, meaningful long-term wealth creation occurs when regular dividend payments are combined with capital appreciation, especially in businesses available at reasonable or low valuations. Paresh Bhagat, Chief Investment Officer (CIO), Veer Growth Fund (AIF), Chairman at Mangal Keshav Financial Services, is of the view that the right way to view dividend stocks is through total shareholder…

Mumbai: Today is the last day of the three-day subscription window for the initial public offering (IPO) of Om Power Transmission. On the final day of the offering, the initial share sale has so received 1.18 times subscription. According to data available on the National Stock Exchange (NSE), the IPO got bids for 70,94,355 shares against 60,02,730 shares on offer. The portion meant for non-institutional investors attracted 1.38 times subscription. The category for retail individual investors (RIIs) received 91  per cent subscription, and the quota for qualified institutional buyers (QIBs) got subscribed 1.52 times. Om Power Transmission GMP Today According…

Mumbai: Rates of precious metals in futures tumbled on Monday, April 13, 2026, amid a surge in oil prices following failed US-Iran peace talks and a strong dollar. The gold June 5 contract on the Multi Commodity Exchange (MCX) opened with a drop of Rs 1,105 or 0.72 per cent at Rs 1,51,547 per 10 grams against the previous close of Rs 1,52,652. It later gained to touch the intraday high of Rs 1,51,999. Last seen, it was trading at Rs 1,51,910, down Rs 742 or 0.49 per cent. On the MCX, the yellow metal futures for August 2026 were…