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The Indian Rupee is set to open lower as the US dollar index jumped to a fresh two decade high above 111 mark after a third consecutive increase of 0.75 percentage point by the Feds policy-setting Federal Open Market Committee (FOMC). Speaking at a news conference after the Federal Reserve raised its key interest rate, Fed Chair Jerome Powell said officials were strongly committed to […]

To 11 October 2022

Oil & Natural Gas Corpn Ltd has lost 3.51% over last one month compared to 1.96% fall in S&P BSE Oil&Gas index and 0.38% rise in the SENSEX

Record date for IDCW is 27 September 2022

For purchase consideration of Rs 659 cr

Punjab National Bank rose 2.12% to Rs 41 after the public sector lender has raised Rs 658 crore by issuing Basel III compliant additional Tier-1 bonds at a coupon rate of 8.3% per annum, on private placement basis.

Nifty Bank, IT, auto dragged benchmark Nifty 50 and other sectoral indices however metal stocks are marginally up to support the market sentiments.

The completion period is 24 months from the date of Appointed Date.

COMEX Copper futures fell to a nearly three week low of $3.40 per pound yesterday, witnessing heavy selling pressure as the Federal Reserve rolled out another steep increase in the key US interest rate and said more hikes are coming to rein in soaring prices. DOW tanked following this and Federal Reserve Chair Jerome Powell warned that the process of conquering the highest inflation in […]

The Indian rupee hit fresh record low against the dollar and is expected to continue losing spree on Thursday amid a string dollar overseas post a Fed rate hike. A big 75 bps rate hike coupled with hawkish stance on future rate hike is keeping greenback robust. The dollar index rose as much as 1% to 111.47, its highest level since June 2002, while 10-year […]