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Weakness in equities is capping downside in Gold. Asian markets slipped sharply. European stock markets extended losses with major indices sliding around 1%. The US stocks slumped with the tech-heavy Nasdaq plunging to its lowest closing level in well over a year. Bitcoin also fell sharply and overall risk aversion is supporting Gold now. Gold is currently trading $1883 per ounce, up 0.41% on the […]

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The Board of Ester Industries at its meeting held on 06 May 2022 has approved to transfer its Engineering Plastics Business by way of slump sale as a going concern to Radici Plastics India. Powered by Capital Market – Live News

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Weakness in equities is capping downside in Gold. Asian markets slipped sharply. European stock markets extended losses with major indices sliding around 1%. The US stocks slumped with the tech-heavy Nasdaq plunging to its lowest closing level in well over a year. Bitcoin also fell sharply and overall risk aversion is supporting Gold now. Gold is currently trading $1883 per ounce, up 0.41% on the […]

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Surya Roshni has obtained orders amounting to Rs 53.06 crore for supply of API- 5L Grade X 70 3LPE Coated pipes from GAIL (India). Powered by Capital Market – Live News

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Fairfax Financial Holdings (Fairfax) along with Quess Corp (Quess) announced the signing of a MoA with Christian Medical College (CMC), Vellore, to set up a paediatric specialty centre at its Kannigapuram campus. The proposed centre, which will be called the CMC Vellore Paediatric Specialty Centre, will have 350 beds covering a range of paediatric specialties. Fairfax and Quess have pledged up to Rs 300 crore […]

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The Indian rupee depreciated sharply against the US dollar after the currency declined to 76.97 levels during intraday trades on Friday. Rupee plummeted 57 paise to close at 76.92 (provisional) against the US dollar, weighed down by a strong American currency overseas, unabated foreign fund outflows and firm crude oil prices. With crude oil prices shooting up to $110/barrel, most emerging market currencies, like in […]

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The domestic equity barometers ended with steep cuts on Friday, tracking negative global cues. The Nifty managed to close a tad above the 16,400 mark after hitting the days low of 16,340.90 in mid-morning trade. Investors were concerned that the US Feds 0.50% rate hike would not be enough to control the multi-year high inflation. Selling was wide spread with realty, consumer durables and IT […]

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