Gold saw very thin moves today amid a slightly firm undertone in the US dollar and mixed action in equities. COMEX Gold futures are quoting at $1644 per ounce, almost unchanged on the day. Chinese stocks stayed under pressure as the benchmark Shanghai composite index lost 0.77%. Hong Kongs Hang Seng also dropped 1.18%. European shares saw choppy moves with mild selling pressure visible across […]
The telecom majors consolidated net profit surged 89.17% to Rs 2,145.2 crore on 21.89% jump in revenue from operations to Rs 3,4526.8 crore in Q2 FY23 over Q2 FY22.
Strength in the American currency weighed on the Indian rupee that pared its initial gains and settled 31 paise lower at 82.78 (provisional) against the US dollar on Monday. All eyes are on the outcome of the Feds two-day policy review following which the US central bank is widely expected to announce a hike in the key interest rate. At the interbank foreign exchange market, […]
Indian Metals & Ferro Alloys has arrived at an out of court settlement in a long pending arbitration matter and related legal proceedings pertaining to a conversion contract where it was to produce ferro chrome for a third party. The Settlement Agreement has been signed and the Company has received an amount of Rs 49.99 crore including GST. Pursuant to the agreement, a Joint Settlement […]
Mainland China share market finished lower on Monday, 31 October 2022, on mounting concerns about Chinas economic growth prospect after official data showed that Chinas factory activity shrank in October as industries were hit by softening global demand and strict domestic COVID-19 curbs, which hit production, travel and shipping in the worlds second-largest economy. At close of trade, the benchmark Shanghai Composite Index fell 0.77%, […]
Domestic equity benchmarks ended near the days high with robust gains on Monday. After the gap-up start, the Nifty hovered in a narrow range for majority of the day. However, buying in the final hour pushed the index above 18,000 levels. All the sectoral indices on the NSE settled in the green. Consumer durables, IT and auto shares were in demand. The barometer index, the […]
Maruti Suzuki, RIL and Bandhan Bank were top traded contracts.
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