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Australias central bank raised its benchmark rate by a quarter-point for the second straight meeting. The policy board of the Reserve Bank of Australia decided to lift the cash rate target by 25 basis points to 2.85 percent from 2.60 percent. At the October meeting, the bank had raised the rate by a smaller-than-expected 25 basis point after 50 basis points increase in each of […]

Axis Bank fell 2.15% to Rs 886.40 on high volumes after the counter reported multiple block deals in initial trade today, 1 November 2022.

A study of historical trends point to PAT /GDP having picked up after trough at 1.2% in FY20, and that with minimal revenue growth, and still well below historical peak of 7.3%.

Healthcare stocks were trading in the positive zone, with the S&P BSE Healthcare index rising 313.93 points or 1.31% at 24238.21 at 09:45 IST.

Of Rs.6 per share

Silver trades at Rs 57,500 per kilograms while gold prices fall by Rs160 per 10 grams

The Government of India (GoI) has announced the sale (re-issue) of (i) 6.69% Government Security 2024 for a notified amount of Rs 4,000 Crore (nominal) through price based auction using uniform price method, (ii) 7.10% Government Security 2029 for a notified amount of Rs 6,000 Crore (nominal) through price based auction using uniform price method, (iii) 7.54% Government Security 2036 for a notified amount of […]

To 7 November 2022

Of Rs.3 per share

OPEC has increased its outlook for global oil demand in the medium and longer term, the group said in its 2022 World Oil Outlook released on Monday. OPEC said in the report that global oil demand will increase to 103 million barrels per day next year?an increase of 2.7 million bpd from 2022 and an increase of 1.4 million bpd from what the group predicted […]