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Adani Wilmar: Shares of Adani Wilmar will debut on the bourses today, 8 February 2022. The issue price is Rs 230 per share. Biocon: Biocon Pharma, a subsidiary of Biocon, received approval of its ANDA for Posaconazole Delayed-Release tablets from the US FDA. This product is indicated for use in the prevention of certain fungal infections in patients with severely weakened immune systems and is […]

Castrol India reported a 0.5% increase in net profit to Rs 188.60 crore in quarter ended December 2021 from Rs 187.70 crore posted in quarter ended December 2020.

Large energy speculators cut their net long positions in the WTI Crude Oil futures market last week, according to the latest Commitment of Traders (COT) data. The non-commercial futures contracts of WTI Crude Oil futures, traded by large speculators and hedge funds, totaled a net position of 368904 contracts in the data reported through week ended January 31, 2022. This was a weekly drop of […]

Record date is 16 February 2022

COMEX Copper stayed under stress after hitting a high of $4.50 per pound and fell near $4.42 per pound yesterday. The US stocks saw a choppy outing on Monday amid lack of major economic cues. China services sector continued to expand in January, albeit at a slower pace, the latest survey from Caixin showed on Monday with a PMI score of 51.4. Thats down from […]

Japan posted a current account deficit of 370.8 billion yen in December, the Ministry of Finance said on Tuesday following the 897.3 billion yen surplus in November. Exports were up 18.7 percent on year at 7.797 trillion yen, while imports surged an annual 44.8 percent to 8.115 trillion yen for a trade deficit of 318.7 billion yen. The financial account saw a deficit of 34.7 […]

Wockhardt on Tuesday said that it has received permission from the Central Drugs Standard Control Organization (CDSCO) to export up to 80 million doses of Sputnik Light and up to 20 million doses of Sputnik V Component I vaccine. Wockhardts Bulk vaccine and Fill-Finish manufacturing facilities at Waluj and Shendra, Aurangabad respectively were jointly inspected and approved by Drug inspectors from CDSCO (West zone) & […]

The US Consumer Credit grew by $18.90B M/M in December vs. $22.0B to $38.82B in the prior month (revised from $39.99B). Total outstanding consumer credit of $4.43B in December slightly gained from $4.41B in November. Powered by Commodity Insights

The US stock market failed to hold gains and ended on a negative note on Monday, 07 February 2022, due to renewed declines in big tech names and on caution ahead of the minutes of the Federal Reserves latest monetary policy meeting, for directional clues. Investors are grappling with the prospect of the steepest monetary tightening cycle since the 1990s, with markets pricing in more […]

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 20 points at the opening bell. The Reserve Bank of Indias (RBI) Monetary Policy Committee (MPC) will meet on 8-10 February 2022. The RBIs MPC will announce its interest rate decision on 10 February 2022. Global markets: Overseas, Asian stocks are trading mixed on Tuesday, as […]