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Here is the important stock market news to watch out for today.

US trade deficit widened to $89.7 billion in January from a revised $82.0 billion in December, reflecting a jump in imports and a steep drop in exports, the Commerce Department reported on Tuesday. With the bigger than expected increase, the trade deficit reached a new record high. The wider trade deficit came as the value of imports shot up by 1.2 percent to $314.1 billion […]

COMEX Gold futures shot up to fresh all time high, hitting $2077 per ounce in last session as volatile equities and worries over Russia- Ukraine war pushed up the prices. The metal currently trades up 1% at $2063 per ounce. The war premium is boosting safe haven buying in the commodity and a massive spike in inflationary expectations is also keeping sentiments well supported. MCX […]

The US stock market finished volatile session lower on Tuesday, 08 March 2022, extending losing streak for fourth consecutive day, as investors continued unloading a wide range of shares on concerns about stagflation prospects after crude oil prices continued to skyrocket as President Joe Biden officially announced a U.S. ban on the import of Russian oil, liquefied natural gas, and coal in response to Russias […]

Sun Pharmaceutical Industries: The companys subsidiary Taro Pharmaceuticals USA Inc has completed the acquisition of subsidiary companies of Galderma. Bharat Forge: The auto ancillary company said its subsidiary Kalyani Strategic Systems (KSSL) has incorporated a company – Sagar-Manas Technologies (SMTL) on 7 March 2022 as a wholly owned subsidiary. Isgec Heavy Engineering: Isgec has received an order from Shree Cement for Cement Waste Heat Recovery […]

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 12 points at the opening bell. Meanwhile, state-owned insurance behemoth Life Insurance Corporation of India (LIC) on Tuesday has reportedly received capital markets regulator Sebis go-ahead to raise funds through an initial share sale. The government will sell over 31 crore equity shares of LIC. Global […]

The Indian rupee could see some relief in opening trades on Wednesday, 09 March 2022, extending recovery from the previous session on the back pause in dollar rally. Rupee hit a life-time low early this week as crude oil prices climbed to multi-year highs amid the Russia-Ukraine crisis. However, sustained foreign fund outflows and geo-political tensions would continue to weigh on the domestic currency. On […]

Check out the stocks that will be in focus during trade today based on recent and latest news developments.

US wholesale inventories climbed by 0.8 percent in January after surging by an upwardly revised 2.6 percent in December, the Commerce Department reported on Tuesday. The continued increase in wholesale inventories came as inventories of durable and non-durable goods rose by 0.8 percent and 0.9 percent, respectively. The Commerce Department also said wholesale sales soared by 4.0 percent in January after climbing by 0.8 percent […]

Asian markets opened in the green led by the Japanese 'Nikkei' as markets rebound from the oversold territory with most Asian indices trading in the green.