Oil and Gas stocks were trading with gains, with the S&P BSE Oil&Gas index increasing 157.19 points or 0.81% at 19668.88 at 09:48 IST.
JSW Energy rallied 3.18% to Rs 315.05 after the company reported a multi-fold jump in consolidated net profit of Rs 864.35 crore in Q4 FY22 as compared to a net profit of Rs 106.60 crore in Q4 FY21.
Valuations are reasonable at 1.1x trailing P/EV, and leave some value on the table for potential investors.
Copper prices continue to stay weak at $4.31 per pound, near its lowest levels in three months amid COVID-19 outbreaks in China and rising rates stoked demand fears. US stocks closed slightly higher on Tuesday after a choppy session with investors largely staying cautious and refraining from making significant moves ahead of the Federal Reserves monetary policy announcement. The major averages all ended modestly higher […]
Secretary, Department for Promotion of Industry and Internal Trade (DPIIT) Shri Anurag Jain chaired a round table of German Small and Medium Enterprises (SMEs) in Berlin today and shared his thoughts on sustainable growth, startups, digitalization and green technology. Jain is a part of the official delegation accompanying Prime Minister, Narendra Modi on his tour to Germany. German SMEs shared their future plans for investment […]
Mumbai International Airport Ltd (MIAL) is a step-down subsidiary of Adani Airport Holdings Ltd (AAHL), a company incubated by Adani Enterprises Ltd (AEL).
Real Estate stocks were trading in green, with the S&P BSE Realty Index index increasing 22.56 points or 0.64% at 3558.09 at 09:48 IST.
Information Technology stocks were trading with gains, with the S&P BSE IT Sector index increasing 216.94 points or 0.69% at 31736.75 at 09:48 IST.
Gold futures are trading lower near $1865 levels as sentiments stay cautious ahead of the Federal Reserve policy decision. The yellow metal continues to stay near a three month low as US treasury yields firm to 3% mark as Fed is widely expected to announce a big interest rate hike in an effort to curb high inflation. As per reports, the U.S. Federal Reserve is […]
The drug will be manufactured at Zydus Hospira.

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