The index of industrial production saw a 1.3% year-on-year rise, according to data released on Friday. It had slumped to a 10-month low of 0.4% in December 2021. For the month of January 2022, the Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 stands at 138.4. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of […]
The benchmark indices ended with small gains on Friday, rising for the fourth straight session. Pharma and healthcare stocks advanced while auto and IT shares corrected. Strength in European stock market and firm US index futures boosted sentiment. The barometer index, the S&P BSE Sensex, rose 85.91 points or 0.15% at 55,550.30. The Nifty 50 index gained 35.55 points or 0.21% at 16,630.45. Both the […]
COMEX Gold futures failed to break above $2000 per ounce in volatile trades as risk appetite picked up strength in Europe. Media reports noted that Russian President Vladimir Putin said on Friday there had been some progress in Moscows talks with Ukraine. This pushed up major equity indices in Europe. Gold is currently trading at $1982 per ounce amid these developments, down around 0.90% on […]
COMEX Gold futures failed to break above $2000 per ounce in volatile trades as risk appetite picked up strength in Europe. Media reports noted that Russian President Vladimir Putin said on Friday there had been some progress in Moscows talks with Ukraine. This pushed up major equity indices in Europe. Gold is currently trading at $1982 per ounce amid these developments, down around 0.90% on […]
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