Wholesale inventories in the U.S. increased by less than expected in the month of September, according to a report released by the Commerce Department. Wholesale inventories rose by 0.6 percent in September after surging by an upwardly revised 1.4 percent in August. The report showed wholesale sales rose by 0.4 percent in September after coming in unchanged in August. With inventories and sales both increasing, […]
EBITDA stood at Rs278.8 crore, yoy growth of 47.6%.
The US stock market finished session steep lower on Wednesday, 09 November 2022, as investors digested the results of tighter than expected midterm elections and looked ahead to a closely watched consumer price inflation update due on Thursday, which could have a significant impact on the outlook for interest rates. At the close of trade, the Dow Jones Industrial Average index declined 646.89 points, or […]
Gold futures consolidated above $1700 per ounce mark as uncertainty over the US midterm elections and a meltdown in crypto assets provided good support to the metal. COMEX Gold futures are trading at $1711 per ounce, down marginally on the day but hovering just under its one month high. The US dollar index is quoting around 110 mark, keeping Gold supported. Indian retail demand also […]
COMEX Copper futures moved up near two and half month high of $3.74 per pound yesterday before sliding amid weak US equities. Stocks moved sharply lower during trading on Wednesday, giving back ground after closing high for three straight sessions. The major averages all showed significant moves to the downside, with the Dow pulling back off its best closing level in well over two months. […]
The US Energy Information Administration reported a crude oil inventory build of 3.9 million barrels for the week to November 4. This compared with a draw of 3.1 million barrels for the previous week, which followed a weekly build of 2.6 million barrels, as estimated by the EIA. In gasoline, the EIA estimated an inventory decline of 900,000 barrels, with production averaging 9.8 million barrels […]
Sales rise 1051.76% to Rs 117.94 crore
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