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JSW Steel reported group combined crude steel production at 5.35 million tonnes for Q3 FY22 compared to 5.07 million tonnes in Q2 FY22 and 4.18 million tonnes in Q3 FY21, recording a QoQ growth of 6% and YoY growth of 28%. On standalone basis, the company recorded crude steel production of 4.41 million tonnes, registering QoQ growth of 8% and YoY growth of 8%. During […]

Crude oil saw some corrective selling amid weak US equities last night but supportive European data capped losses. WTI Crude is back in winning mode and currently trades up 0.72% at $78.79 per barrel. Eurozone investor confidence climbed to 14.9 in January from 13.5 in December, survey results from the behavioral research firm Sentix showed Monday. The current situation index of the survey rose to […]

One 97 Communications (Paytm) rose 2.54% to Rs 1187.35 after the company said that it recorded stellar growth in Q3 December 2021, as its lending business scales rapidly.

The issuance of 4.15% Senior Secured Notes have been approved by the company under the USD 3.50 billion Global Medium Term Note Programme.

The Indian rupee is expected to extend gains against the dollar in early trades on Tuesday, 11 January 2022 amid weakness in the dollar overseas. However, foreign equities reversal flow into the Indian markets and pessimistic global cues could add pressure on the domestic currency. On Monday, rupee surged to its strongest level in two months on the back of domestic benchmark G-sec yields tracking […]

Australia posted a merchandise trade surplus of AUD 9.423 billion in November, the Australian Bureau of Statistics said on Tuesday, down from the downwardly revised AUD 10.781 billion surplus in October. It was the smallest trade surplus since April, amid softening global demand as more countries battled with a resurgence of coronavirus infections. Exports grew 2 percent month-over-month to AUD 43.86 billion and imports rose […]

Key indices are trading with modest gains in early trade after an initial upmove. The Nifty hovered at the 18,000 mark. At 9:25 IST, the barometer index, the S&P BSE Sensex, rose 107.27 points or 0.18% at 60,472.59. The Nifty 50 index rose 27.45 points or 0.15% at 18,030.75. In the broader market, the S&P BSE Mid-Cap index fell 0.02% while the S&P BSE Small-Cap […]

Total comprehensive income stood at Rs0.7cr for the quarter, down 48% qoq and 76% yoy and Rs9.2cr for the nine months, up 9% yoy.

JSW Ispat Special Products rose 1.05% to Rs 38.35 after the companys crude steel production increase by 43% to 0.14 million tonnes (MT) in Q3 FY22 from 0.10 MT in Q3 FY21.

COMEX Copper futures saw a sharp slide in last session as the US equities tumbled in early moves. A good recovery was seen in the DOW from intraday lows but the index still closed down half a percent. COMEX Copper also bounced from lows of $4.33 per pound and currently trades up 0.30% at %4.38 per pound. Asian markets are trading in a cautious manner. […]