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NHPC rose 2.22% to Rs 32.20 after the company said that it has signed a promoters agreement with Green Energy Development Corporation of Odisha (GEDCO) for the formation of a joint venture company.

The proposed integrated facility will scale up business operations and expected to add to the company’s revenue.

The domestic equities drifted lower in early trade on weak global stocks. Sentiment was impacted after US Federal Reserve meeting minutes signaled that the central bank may have to raise interest rates sooner than expected. At 9:30 IST, the barometer index, the S&P BSE Sensex, dropped 723.69 points or 1.20% at 59,499.46. The Nifty 50 index tumbled 209.45 points or 1.17% at 17,715.80. In the […]

COMEX Gold pulled back in volatile trading yesterday. The metal hit a near six week high of $1830 per ounce but fell quickly thereafter as the minutes of the latest US Fed meeting showed that Fed officials plan to start reducing the amount of bonds it is holding on its balance sheet. Some officials even said that the balance-sheet reduction could start sometime after the […]

The JVC is for the development of 500 MW floating solar power projects in various water reservoirs in Odisha.

Tata Teleservices (Maharashtra) Ltd has added 76.34% over last one month compared to 4.07% gain in S&P BSE Telecom index and 3.44% rise in the SENSEX

To a later date

The weekly US EIA crude oil inventory report showed that the US crude oil stocks saw a draw of 2.144M barrels while gasoline stocks saw a massive 10.128M barrel rise and distillates saw a large 4.418M barrel build. Powered by Commodity Insights

The company’s board will also consider and approve Unaudited Financial Result for the quarter ended on December 31, 2021.

COMEX Copper fell sharply yesterday on weak US equities. After reaching a new record intraday high, the Dow fell following the release of the a hawkish US Fed minutes. The DOW lost 1.1% to close at 36,407.11. The Nasdaq plunged 3.3% to 15,100.17 and the S&P 500 tumbled nearly 2% to 4,700.58. COMEX Copper gave up around 1.5% to break under $4.40 per pound and […]