Japanese share market finished lower for third consecutive session on Monday, 22 August 2022, on following the mostly negative cues from the US market last Friday amid slowing economic growth as well as concern over aggressive interest rate hikes by the U.S. Federal Reserve in the coming months. At closing bell, the 225-issue Nikkei Stock Average index declined by 135.83 points, or 0.47%, to 28,794.50. […]
The headline equity indices tumbled on Monday, tracking negative global cues. Rising dollar index and higher US 10-year bond yield spooked investors. The Nifty closed below the 17,500 level. All the sectoral indices on the NSE ended in the red. Banks, metals and realty shares dropped. The barometer index, the S&P BSE Sensex, slumped 872.28 points or 1.46% to 58,773.87. The Nifty 50 index lost […]
Tata Consultancy Services has been recognized as a Leader in the Gartner Magic Quadrant for Public Cloud IT Transformation Services. Gartner analysts note that providers designated as Leaders have a ?track record of delivering high-quality, cloud-native modernization and managed services that thoughtfully exploit the capabilities of the cloud platform. They are well-positioned to deliver leading-edge services into the future and to indicate the direction of […]
COMEX Copper dropped today as global equity indices turned lower. European shares tanked with heavy losses in German market. The US stocks continued to drop on tepid economic outlook. COMEX Copper currently trades down 1% at $3.62 per pound, easing from one week high. MCX Copper futures are down 0.73% at Rs 668.90 per kg. Losses were somewhat capped for the metal as China continued […]
The Indian rupee saw muted trades today amid selling pressure in local equities. INR saw flat moves and lingered around 79.85 per US dollar mark. The US dollar index hit a fresh five-week high on Monday after another Federal Reserve official flagged the likelihood of continued aggressive monetary tightening ahead of the central banks key Jackson Hole symposium this week. The headline equity indices ended […]
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