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Decline in US dollar; cues from foreign markets, indicate a day of rise for Indian equity markets

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The Energy Information Administration (EIA) on Thursday reported a 79 Bcf injection into U.S. natural gas storage for the week ended November 4. The injection outpaced the prior five-year average injection of 20 Bcf and was also far more than 15 Bcf increase EIA recorded for the year-earlier period. Seven of the last eight weekly reported injections have now surpassed the five-year average, EIA data […]

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The US stock market finished session sharply higher on Thursday, 10 November 2022, on spurring hopes that the Federal Reserve might scale down the size of its future interest rate increases after a smaller than expected monthly increase in consumer prices as well as a bigger than expected slowdown in the annual rate of consumer price growth. At the close of trade, the Dow Jones […]

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The healthcare giant had previously declared a net profit of Rs 267 crore for July through September

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DCX Systems: Shares of DCX Systems will debut on the bourses today, 11 November 2022. Issue price is Rs 207 per share. Eicher Motors: Eicher Motors total revenue from operations for the quarter was recorded at Rs 3,519 up 56.4% as compared to Rs 2,250 crores in the corresponding quarter of FY 2021-22. Profit after tax was Rs 657 crore, an increase of 76.1% as […]

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COMEX Gold shot up yesterday as falling US dollar and continued buying support after the metal broke above $1700 per ounce mark triggered an excellent rally. The US consumer price index for Octobers rose just 0.4% for the month and 7.7% from a year ago, its lowest annual increase since January and marking a slowdown from the 8.2% annual pace in the prior month. Excluding […]

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Record date is 22 November 2022

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Record date is 18 November 2022

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Copper surged yesterday, rising in tune with the US equities as the falling US dollar boosted commodities. The red metal currently quotes at $3.82 per pound, up 1.74% on the day and adding to recent gains. These are the highest levels in nearly four months for the metal. Meanwhile, the US stocks recorded their biggest rally since 2020 after Octobers reading of consumer prices raised […]

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