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Mainland China share market finished session sharp higher on Wednesday, 12 October 2022, as risk sentiments improved on the back of better-than-expected countrys loan data for September. At close of trade, the benchmark Shanghai Composite Index advanced 1.53%, or 45.71 points, to 3,025.51. The Shenzhen Composite Index, which tracks stocks on Chinas second exchange, added 2.53%, or 47.53 points, to 1,929.53. The blue-chip CSI300 index […]

HCL Technologies reported 6.27% rise in consolidated net profit to Rs 3,489 crore on a 5.2% rise in revenue to Rs 24,686 crore in Q2 FY23 over Q1 FY23.

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, today has approved the proposal of Ministry of Petroleum & Natural Gas to give one time grant amounting to Rs.22,000 crore to three Public Sector Undertaking Oil Marketing Companies (PSU OMCs). The grant will be distributed among Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL). The […]

Hong Kong share market finished session around 11-year lows on Wednesday, 12 October 2022, as risk sentiments subdued on following soft lead from Wall Street overnight and downward revision in global growth forecast by the International Monetary Fund. Meanwhile, concerns of Chinas zero-COVID policy and overseas inflation and recession woes weighed down sentiments as well. Sentiment also worsened after the Bank of England said it […]

On 21 October 2022

On 21 October 2022

Australia stock market finished session mixed after giving up early gains on Wednesday, 12 October 2022, as risk sentiments subdued amid lingering concerns about slowing global economic growth and the impact of rising interest rates on corporate profits. At closing bell, the benchmark S&P/ASX200 index was up 2.56 points, or 0.04%, to 6,647.54. The broader All Ordinaries index declined 1.97 points, or 0.03%, to 6,842.33. […]

The Indian rupee depreciated against the dollar on Wednesday, tracking strength in the greenback overseas and sustained foreign fund outflows. INR slipped 14 paise to close at 82.35 (provisional) against the US dollar. Besides, risk aversion sentiment among investors weighed on the local unit. At the interbank foreign exchange market, the local currency opened at 82.32, then fell further to settle at 82.35 against the […]

Domestic equity benchmarks snapped a three-day losing streak and ended with decent gains on Wednesday, shrugging mixed global cues. The Nifty 50 index regained the 17,000 mark, helped by buying across sectors. Banks, energy and FMCG stocks were among the top gainers while pharma and media shares were subdued. The S&P BSE Sensex, was up 478.59 points or 0.84% to 57,625.91. The Nifty 50 index […]

On 21 October 2022