SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 42 points at the opening bell. Global markets: Overseas, Asian stocks are trading higher on Wednesday, as investors react to Chinas inflation data. Meanwhile, tensions appeared to ease between Russia and Ukraine, boosting markets. Chinas consumer price index for January rose 0.9% as compared with a […]
The US stocks regained ground on Tuesday, 15 February 2022, with all three major indexes settling notable above the unchanged line, amid signs of de-escalating geopolitical tensions along the Russia-Ukraine border after Russia said it pulled back some of the troops massed near its borders with Ukraine. However, market gains capped on expectations that the Federal Reserve will take on stubbornly persistent inflation by aggressively […]
US producer price index for final demand surged up by 1.0 percent in January after rising by an upwardly revised 0.4 percent in December, according to a report released by the Labor Department on Tuesday. The sharp increase in producer prices was partly due to a substantial rebound in energy prices, which spiked by 2.5 percent in January after tumbling by 1.7 percent in December. […]
Vedant Fashions: Shares of the celebration wear maker will debut on the bourses today. The final issue price has been fixed at Rs 866 per share. Tech Mahindra: The wholly owned subsidiary of the company viz., Tech Mahindra (Singapore) Pte. has approved the proposal to acquire 80% equity shares in Geomatic.ai Pty for a consideration of A$6m. Burger King India: The company has closed its […]
The New York Fed said its general business conditions index rose to a positive 3.1 in February from a negative 0.7 in January. The modest rebound by the headline index partly reflected a turnaround by new orders, with the new orders index climbing to a positive 1.4 in February from a negative 5.0 in January. The shipments index also rose to 2.9 in February from […]
Tech Mahindra said that its wholly owned subsidiary Tech Mahindra (Singapore) has approved the proposal to acquire 80% equity shares in Geomatic.AI.
MCX Gold futures broke above Rs 50000 per 10 grams mark in last session, hitting Rs 50300 per 10 grams as global Gold futures soared to eight month high of $1880 per ounce. However, a sharp slide in crude oil and some pick up in risk appetite on some easing of geopolitical tensions pertaining to the Ukraine pulled Gold down sharply. The metal tanked around […]
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