The market settled with strong gains on Monday, tracking firm global market cues. The recent fall in crude oil prices and sliding US Dollar index also supported buying. All the sectoral indices on the NSE ended in the green. IT, realty and PSU banks were in demand. The barometer index, the S&P BSE Sensex, was rose 321.99 points or 0.54% to 60,115.13. The Nifty 50 […]
Australia stock market finished higher for third straight session on Monday, 12 September 2022, on tracking positive lead from Wall Street last Friday, with shares in materials and energy sectors leading the surge on stronger iron ore futures and crude oil prices. At closing bell, the benchmark S&P/ASX200 index was up 70.29 points, or 1.02%, to 6,964.46. The broader All Ordinaries index advanced 69.16 points, […]
According to the Office for National Statistics, UK monthly services output rose by 0.4% between June and July 2022, standing 1.5% above February 2020, which was the last month of ?normal? trading conditions prior to the coronavirus (COVID-19) pandemic. There were rises in 10 of the 14 sectors in the Index of Services (IoS) during July 2022; information and communication contributed 0.10 percentage points to […]
The US dollar index fell considerably on Monday to hit a two week low as the currency stayed cautious ahead of the US inflation data due this week. The U.S. is set to release its consumer price index for August on Tuesday. The report is one of the last pieces of data on inflation the Fed will see ahead of its September meeting. The dollar […]
The Indian rupee pared its initial losses and settled 2 paise higher to close at 79.55 (provisional) against the US dollar on Monday, tracking positive domestic equities and foreign fund inflows. Meanwhile, the US dollar index fell considerably on Monday to hit a two week low as the currency stayed cautious ahead of the US inflation data due this week. The U.S. is set to […]
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