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US institute for supply management released a report on Wednesday showing a modest slowdown in the pace of growth in U.S. service sector activity in the month of September. The ISM said its services PMI edged down to 56.7 in September from 56.9 in August, although a reading above 50 still indicates growth in the sector. Powered by Commodity Insights

From June lows, cash market turnover has increased by 41%, while derivatives have reached a new record high

The company further added that the proposed transaction is conditional on the completion of the closing conditions.

The US Commerce Department said the trade deficit narrowed to $67.4 billion in August from a revised $70.5 billion in July. The decrease in the size of the trade deficit came as the value of imports fell by 1.1 percent to $326.3 billion, while the value of exports dipped by 0.3 percent to $258.9 billion.Powered by Commodity Insights

The US stock market finished volatile session slightly lower on Wednesday, 05 October 2022, snapping two days winning streak, as investors opted to secure recent profit, amid lingering concerns about the outlook for future interest-rate increases by the Federal Reserve and the effect of rising rates can have on markets. Central banks around the world appear poised to continue raising interest in the months ahead, […]

Macrotech Developers Ltd has lost 8.36% over last one month compared to 8.11% fall in S&P BSE Realty Index index and 1.1% drop in the SENSEX

The key equity indices traded with decent gains in early trade as the bourses witnessed some modest buying in key index pivotals. The Nifty traded above the 17,350 mark. Metal, auto and realty shares advancing while FMCG stocks recorded some bit of selling pressure At 09:21 IST, the barometer index, the S&P BSE Sensex, was up 303.98 points or 0.52% to 58,369.45. The Nifty 50 […]

The Institute for Supply Management released a report on Wednesday showing a modest slowdown in the pace of growth in U.S. service sector activity in the month of September. The ISM said its services PMI slipped to 56.7 in September from 56.9 in August, although a reading above 50 still indicates growth in the sector. Powered by Commodity Insights

The NBFC major said new loans booked during Q2 FY23 were 6.8 million, up 7.94% compared with 6.3 million in Q2 FY22.

Forecast decreased from 3.4% due to impending recession