COMEX Gold futures edged up from six week lows as worries over global economy weighed on sentiments. JPMorgan Global Manufacturing PMI dropped to 50.3 in August, its lowest since June 2020. This is keeping Gold afloat around $1713 per ounce, up marginally on the day. Powered by Commodity Insights
Bharat Forge Ltd is quoting at Rs 763.45, up 1.58% on the day as on 12:49 IST on the NSE. The stock is down 3.52% in last one year as compared to a 1.39% spurt in NIFTY and a 31.52% spurt in the Nifty Bank index.
The headline equity indices traded with decent gains in the afternoon trade. The Nifty traded above the 17,550 mark after the hitting the days low of 17,476.45 in the morning trade. Financial services, media and metal stocks were in demand while PSU bank, oil & gas and pharma shares declined. At 13:30 IST, the barometer index, the S&P BSE Sensex, was up 183.06 points or […]
Natco Pharma said that its board has approved a proposal to sell the investment of 15% of shareholding in joint limited liability company (JLLC) Nativita for 3.45 lakh euros to Pharmasyntez-Nord Joint Stock Company.
The acquisition assures Infosys’ commitment to help global life sciences companies realize business value.
Metal stocks were trading in the negative zone, with the S&P BSE Metal index falling 76.04 points or 0.4% at 18791.91 at 13:47 IST.
Federal Bank Ltd is quoting at Rs 121, up 1.89% on the day as on 12:49 IST on the NSE. The stock is up 46.05% in last one year as compared to a 1.39% jump in NIFTY and a 7.17% jump in the Nifty Bank index.
Basic materials stocks were trading with losses, with the S&P BSE Basic Materials index decreasing 9.2 points or 0.17% at 5472.57 at 13:47 IST.
Energy stocks were trading in red, with the S&P BSE Energy index falling 11.94 points or 0.14% at 8694.16 at 13:47 IST.
RBL Bank Ltd is quoting at Rs 121.85, down 0.25% on the day as on 13:19 IST on the NSE. The stock tumbled 29.24% in last one year as compared to a 1.55% rally in NIFTY and a 6.48% spurt in the Nifty PSU Bank index.

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