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Eurozone economic confidence index dropped to 105.0 in April from 106.7 in March, while the reading was forecast to improve to 108.0, survey results from the European Commission showed on Monday. Among big-four economies, economic sentiment deteriorated in Spain and in France. At the same time, confidence remained broadly unchanged in Germany, while it improved in Italy. The industrial sentiment index came in at 7.9 […]

The LIC IPO is expected to garner up to Rs21,000 crore and its valuation stands at Rs6 lakh crore, which is 1.11 times the embedded value of around Rs5.40 lakh crore.

Record date is 13 May 2022

Business Wire India L to R – Manish Garg (General Manager, Hilton and Hilton Garden Inn, Embassy Manyata Business Park, Bengaluru), Michael Holland (CEO, Embassy REIT), Aditya Virwani (COO, Embassy Group) and Navjit Ahluwalia (Senior Vice President and Country Head, Hilton India) Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) (‘Embassy REIT’), India’s first publicly listed real estate investment trust and Asia’s largest by […]

Crude Oil Plummets On China Growth Concerns Crude oil prices fell on Monday amid concerns about weak economic growth in China which is the worlds top oil importer. West Texas Intermediate (WTI) crude futures fell sharply to $101.67 a barrel. Prices fell after China released data on Saturday showing that factory activity in the worlds second-largest economy contracted for a second month to its lowest […]

At 76.5400/5475 per Dollar

Sales decline 13.52% to Rs 4.35 crore

The equity benchmarks ended with small losses on Monday, extending losses for the second day. The Nifty managed to close above the 17,050 level after hitting days low of 16,917.25 in the early trade. Metals, private banks and media shares supported the indices while autos, IT and consumer durables dragged. The barometer index, S&P BSE Sensex declined 84.88 points or 0.15% at 56,975.99. The Nifty […]

On 11 May 2022

Sales decline 4.73% to Rs 2865.08 crore