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Rupee retreats

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At 77.5475/5925 per Dollar

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Sales rise 35.35% to Rs 3505.28 crore

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SRF reported 59% increase in consolidated net profit to Rs 606 crore on a 36% rise in revenue to Rs 3,549 crore in Q4 FY22 as compared with corresponding period last year (CPLY).

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Eurozone Sentix Investor Confidence dropped from -18.0 to -22.6 in May, worse than expectation of -20.8. Its the third decline in a row, and the lowest reading since June 2020. Current Situation index dropped from -5.5 to -10.5, worst since March 2021. Expectations index dropped from -29.8 to -34.0, worst since December 2008. Meanwhile, Germany Sentix Investor Confidence dropped from -17.1 to -20.5, lowest since […]

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The benchmark indices ended with modest fall on Monday, extended losses for the second consecutive day. Weakness in global stocks weighed on investors sentiment. Barring the Nifty IT index, all the sectoral indices ended in the red. Media, PSU banks and oil & gas stocks were under pressure. The barometer index S&P BSE Sensex dropped 364.91 points or 0.67% at 54,470.67. The Nifty 50 index […]

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WTI crude futures plunged below $108 per barrel, off the days high above $110 per barrel amid resurfacing concerns about weakening global demand and slowing economic activity, particularly from top consumer China due to tightening lockdowns. Leaders from the Group of Seven developed democracies pledged Sunday to phase out or ban the import of Russian oil, adding to concerns. WTI crude is currently quoting at […]

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