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SGX Nifty has started the day in the green

The Energy Information Administration reported an inventory draw of 3.4 million barrels for the week to May 13. At 420.8 million barrels, the EIA said, inventories of crude oil were 14 percent below the five-year average for this time of the year. Gasoline stocks shed 4.8 million barrels last week, with production averaging 9.6 million barrels daily. This compared with an inventory draw of 3.6 […]

Sales rise 14.08% to Rs 220.66 crore

Bharti Airtel Ltd reported 22.34% growth in sales revenues yoy for the Q4FY22 quarter on consolidated basis at Rs31,500 crore

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could slump 325 points at the opening bell. Global markets: Overseas, Asian stocks are trading lower on Thursday after heavy losses on Wall Street overnight, as investors fretted over rising global inflation. Wall Street ended sharply lower on Wednesday, with Target losing around a quarter of its stock […]

WBMS noted yesterday that calculated market balance for primary aluminium for the period of January to March 2022 was a surplus of 474 kt which follows a deficit of 1676 kt recorded for the whole of 2021. Demand for primary aluminium for January to March 2022 was 16.23 million tonnes, 727 kt less than in the comparable period in 2021. Demand is measured on an […]

COMEX Gold futures stayed supported on a frantic selloff in US equities last night. The US stocks showed a substantial move back to the downside during trading on Wednesday. With the steep drop on the day, the Dow and the S&P 500 ended the session at their lowest closing levels in over a year. The major averages saw continued weakness late in the session, ending […]

The state-run bank has appointed Sujoy Dutta as its new chief financial officer (CFO) with immediate effect.

ITC: ITC reported 11.8% growth in consolidated net profit to Rs 4191 crore on 15.7% rise in gross revenue to Rs 16227 crore in Q4 FY22 over Q4 FY21. Adani Enterprises: Adani Enterprises has incorporated a WOS namely, Adani Health Ventures Limited (AHVL), to carry on the business of healthcare related activities including, inter alia, setting up, running, administrating medical and diagnostic facilities, health aids, […]

DLF Ltd reported -13.35% fall in revenues yoy for the Q4FY22 quarter on consolidated basis at Rs1,652 crore