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The Singapore stock market finished lower for second straight session on Wednesday, 07 December 2022, as recession rhetoric from major US banks, growing anxious about the outlook for US interest rates, and disappointed China trade spread negative sentiment among investors. At closing bell, the Straits Times Index (STI) index was down 26.92 points or 0.83% to 3,225.45 after trading between 3,225.45 and 3,252.25. Volume was […]

At 82.5500 per Dollar

To 8 December 2022

The total consideration of the contract is Rs 25.18 crore.

COMEX Copper futures turned lower today as a slide from three week highs extended amid sustained losses in global equities. Reports stating China lifting some of its strict Covid-19 rules capped the losses for Copper though and the red metal currently quotes at $3.79 per pound, down 0.54% on the day. Asian stocks fell across the board today. Chinas Shanghai Composite index eased 0.40%. Hong […]

RIL, Infy and Axis Bank were the top traded contracts.

Key benchmark indices extended losses for the fourth straight session on Wednesday, as traders sold stocks post the Reserve Bank of India (RBI)s repo rate hike.?Selling was triggered after the RBI slashed its GDP forecast to 6.8% from an earlier estimate of 7% for the current fiscal. After hitting the days high of 18,668.30 in morning trade, the Nifty reversed trend and hit the days […]

Mr Sanjiv Mehta, President, FICCI, commenting on the monetary policy announcement said, The Reserve Banks policy action hiking the policy repo rate by 35 bps was widely anticipated as the war against inflation is still far from over. Retail inflation has remained above the Central Banks tolerance threshold of 6 per cent through the year 2022. Core inflation remains sticky, and uncertainty continues to surround […]

European stock markets were lower on Wednesday, 07 December 2022, extending yesterdays losses, as recession rhetoric from major US banks and anxious about the outlook for interest rates curbed enthusiasm about Chinas major shift in its tough zero-COVID policy. At 12:45 GMT, the pan European Stoxx 600 index was down 0.6% to 436.140. The U.K.s FTSE 100 index fell 0.1% to 7,512. Frances CAC 40 […]

The Indian rupee recovered considerably against the dollar on Wednesday after the Reserve Bank of India (RBI) hiked the key repo rate by 35 basis points. Easing crude oil prices and dollar weakness also supported the domestic unit. INR pared initial losses and settled marginally higher at 82.47 against the US dollar. At the interbank foreign exchange market, the local unit opened at 82.74 and […]