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LME Inventories Data – 4 February 2022 Copper 82225 (-175), Aluminium 775475 (-6425), Nickel 87504 (-678), Lead 52325 (-100), Zinc 154950 (750). All figures in tonnes, Daily change in bracket. Powered by Commodity Insights

COMEX Gold futures saw a highly volatile movement on Friday, falling near $1790 per ounce but edged up thereafter, closing at $1809 per ounce, up 0.27% on the day. The metal currently lingers around the same mark. Indias Covid -19 count is consistently falling and retail demand is looking supportive. Domestic business confidence has remained buoyant in the third quarter of the current financial year, […]

On 06 February 2022

Singapore private sector continued to expand in January, with a PMI score of 54.4, the latest survey from Markit Economics showed on Monday. Thats down from 55.1 in December, although it remains well above the boom-or-bust line of 50 that separates expansion from contraction. Higher demand for Singaporean goods and services drove output higher for the fourteenth straight month in January Powered by Commodity Insights

Eveready Industries India Ltd, Shankara Building Products Ltd, CreditAccess Grameen Ltd and Interglobe Aviation Ltd are among the other gainers in the BSEs A group today, 07 February 2022.

The company reported revenue of Rs 617.62 crore for Q3 FY’22 as against Rs 433.26 crore for Q3 FY’21, reporting growth of 42.55% YoY.

The company receives LOA from the Municipal Corporation of Greater Mumbai for the Sewage Treatment Plants project.

The stocks hit intraday high and low at Rs1174 apiece and Rs1065.45 apiece respectively.

There will be no change in the repo rate this time even though we expect 50 bps hike next year.

Ind-Ra has considered JK Bank’s wholly-owned subsidiary, JKB Financial Services Ltd., in its analysis to arrive at the ratings.