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The benchmark indices rose for the fourth straight session on Wednesday, supported by firmness in banks and financial services. Gains were capped due to weakness in IT stocks. The barometer index, the S&P BSE Sensex, jumped 367.22 points or 0.61% at 60,223.15. The Nifty 50 index surged 120 points or 0.67% at 17,925.25. Both these indices have risen a little over 4% in four straight […]

The Mainland China share market finished lower for second straight session on Wednesday, 05 January 2022, weighed down by decline in tech stocks on concerns about new regulations after Beijing passed new rules that tighten controls on tech companies overseas listings and activities, while forbidding ?unreasonable discrimination? in pricing based on user habit data, a key monetization tool for Chinas largest e-commerce and short-video platforms. […]

Copper saw some correction today after staying well supported yesterday. The Dow hit new record closing high and kept the red metal above $4.40 per pound. The counter is yet again witnessing some selling pressure around five week high of $4.45 per pound. The COMEX Copper futures currently trade down 0.91% at $4.43 per pound. MCX Copper also broke under Rs 750 per kg and […]

The Indian rupee surged 23 paise to close at 74.35 (provisional) against the US dollar on Wednesday, tracking gains in domestic equity markets. At the interbank forex market, the local unit opened up at 74.54 against the greenback and witnessed an intra-day high of 74.30 and a low of 74.55. It finally settled at 74.35, a rise of 23 paise over its previous close. In […]

Coal production of the financial year 2022 has been compared with FY20 as FY21 has been considered an abnormal year due to restriction imposed on commercial activities in the wake of Covid-19.

RIL benefits from diversified earnings sources that have little or no correlation, given its presence in the refining and petrochemicals, digital services, and consumer retail segments.

Business Wire IndiaWipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) a leading global information technology, consulting and business process services company, will announce results for the third quarter ended December 31, 2021 on Wednesday, January 12, 2022 after stock market trading hours in India. The results will be available in the Investors section of the company’s website at  www.wipro.com/investors/ At 7:15 PM IST* (8:45 AM […]

Reliance Industries (RIL), Infosys and Bajaj Finance most active in futures segment.

The US dollar index edged sharply lower on Wednesday after registering 2 sessions of gains ahead of the FOMC minutes release later in the day for more clues on the timing of the Federal Reserves first interest-rate hike. The Fed is expected to begin raising interest rates as early as March amid a robust US economic rebound and surging inflation and despite a spike in […]

Business Wire India ProcessMAP Corporation (“ProcessMAP”), a leading Environmental, Health and Safety (“EHS”) software platform provider, announced today that Hg, a leading software and services investor with nearly $40 billion funds under management, has agreed to make a significant investment in the business to accelerate ProcessMAP’s growth and expansion, and help solidify the company’s position as a global leader in the EHS software sector.   […]