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Some buying pull may take place today

Revised data released by the Labor Department on Wednesday showed U.S. labor productivity increased by much more than initially estimated in the third quarter. The Labor Department said labor productivity climbed by 0.8 percent in the third quarter compared to the previously reported 0.3 percent uptick. The upward revision to labor productivity, a measure of output per hour, came as the spike in output was […]

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 2 points at the opening bell. On the political front, various exit polls on Monday predicted a big majority for the BJP in Gujarat and a dead heat in Himachal Pradesh where most pollsters gave an edge to the ruling party over the Congress. The counting […]

The resolution of Reliance Capital must be completed by January 31, 2023, under the National Company Law Tribunal's (NCLT) judgment.

While U.S. West Texas Intermediate (WTI) crude futures climbed 69 cents or 1% to $72.70 per barrel, Brent crude futures were up 62 cents or 0.8% at $77.79 per barrel.

The Indian rupee is expected to stay pressured in opening trades on Thursday, amid weakness in equities. Dollar strength and foreign fund outflows are also likely to weigh on the domestic unit. Asian equity markets mostly fell on Thursday, taking cues from a weak lead on Wall Street. Rupee recovered considerably against the dollar on Wednesday after the Reserve Bank of India (RBI) hiked the […]

The collaboration shall focus on joint CO2 storage study and enhanced oil recovery (EOR) screening assessment for key basins in India including depleted oil and gas fields, saline aquifers.

WTI crude oil is recouping from a sharp slide witnessed in the previous session to its lowest level in a year amid concerns that economic slowdown would weaken fuel demand. EIA reported U.S. crude stocks fell last week, gasoline and distillate inventories surged, adding to concerns about easing demand. Gasoline stocks grew by 5.3 million barrels in the week to 219.1 million barrels, and distillate […]

Dharmaj Crop Guard: Agrochemical company Dharmaj Crop Guard will debut on the bourses today, 8 December 2022. The price band for the offer was Rs 216-237 per share. HCL Technologies: HCL Technologies announced a new collaboration with Intel Corporation and Mavenir to develop and provide scalable private 5G network solutions for communication service providers (CSP) and broader cross-vertical enterprises. Oil and Natural Gas Corporation (ONGC): […]

Gold is seen correcting on Thursday following a near 1% gain in the previous session as dollar is seen strengthening ahead of next weeks Federal Reserve interest rate decision. US benchmark treasury yields are up more than 1% at 3.44%, pulling the dollar higher. The US Dollar, as measured by the DXY index, which measures the greenback against a basket of currencies, fell to a […]