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Palm oil futures crashed from a six-week high on prospects of weakening demand in China. The benchmark futures in Malaysia for October delivery fell 6.7% to close at RM4,113 a tonne. Malaysian palm oil exports are slipping. Shipments climbed 2.8% in the first half of August from the previous month, slowing from a 10.5% increase in the Aug 1-10 period, according to Intertek Testing Services.Powered […]

UTI Asset Management Company (UTI AMC) jumped 16.03% to Rs 869.50 after the media reported that rival Tata Asset Management Co is set to buy a significant stake in the company.

Brookfield, Everstone have controlling stake in the company

The supplies will be made within next 2 quarters, the company said.

Global mining giant BHP Group has reported a 34% rise in profit from operations in the year ending June 2022. Profit from operations climbed to $34.1bn from $25.5bn year-on-year, due to strong underlying operational performance, and increased higher coal and copper prices. The mining giants attributable profit for the 2022 financial year stood at $30.90bn, a 173% increase compared with $11.3bn a year ago. The […]

The scheme opens for subscription on August 16, 2022, and will remain open till December 31, 2022.

Swelect Energy Systems Ltd, Voltamp Transformers Ltd, Navkar Corporation Ltd and Ruchira Papers Ltd are among the other losers in the BSEs B group today, 16 August 2022.

The domestic equity benchmarks continued to trade with significant gains in mid-afternoon trade. The Nifty traded above the 17,800 level. Oil & gas stock witnessed across the board buying. At 14:20 IST, the barometer index, the S&P BSE Sensex, was up 345.59 points or 0.58% to 59,808.37. The Nifty 50 index added 109.25 points or 0.62% to 17,807.40. In the broader market, the S&P BSE […]

Max Healthcare Institute Ltd clocked volume of 227.01 lakh shares by 14:14 IST on NSE, a 24.72 times surge over two-week average daily volume of 9.18 lakh shares

COMEX Gold futures stayed under stress, breaking under $1800 per ounce mark. Gold prices edged lower tracking sharp gains in the US dollar overnight as investors preferred dollar as the safe haven asset amid rising worries of a slowdown in China. The dollar index that measures the greenback against a basket of currencies continues to hover near 106 mark. Meanwhile, lower treasury yields could give […]