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Australian share market finished session marginally higher on light volume on Tuesday, 26 July 2022, on caution ahead of a key update on domestic inflation tomorrow and a likely sharp US interest rate hike. Market gains were supported by energy, resources and mining stocks on the back of higher iron ore prices and crude oil prices. At closing bell, the benchmark S&P/ASX200 rose 17.34 points, […]

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The domestic equity barometers ended with deep losses on Tuesday. The Nifty opened at 16,632.90 mark, but declined as the session progressed, and settled below the 16500 level. Selling was wide spread, with IT, FMCG and auto stocks declining the most. The barometer index, the S&P BSE Sensex, fell 497.73 points or 0.89% to 55,268.49. The Nifty 50 index lost 147.15 points or 0.88% to […]

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Japanese share market finished session mixed on Tuesday, 26 July 2022, as investors cautiously awaiting for the outcome of the U.S. Federal Reserves two-day monetary policy meeting starting later in the day as well as release of earning reports by Japanese and U.S. companies this week. At closing bell, the 225-issue Nikkei Stock Average declined 44.04 points, or 0.16%, to 27,6655.21. The broader Topix index […]

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Servotech Power Systems will hold a meeting of the Board of Directors of the Company on 8 August 2022

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Euro pulled back against a firm dollar on Tuesday, as all focus shifts to Federal Reserve policy action at the end of the two day meeting which begins today. Deteriorating data from Euro zone coupled with soaring inflation that led ECB to tighten interest rate for the first time in 11 years at a time when the world is seen heading into recessionary mode is […]

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Muted domestic equities, firming crude oil prices and concerns over the hawkish US Fed led the Indian rupee pare its initial gains to settle flat on Tuesday. Moreover, a firm dollar overseas added further pressure on the local currency. At the interbank forex market, the local unit opened at 79.73 against the greenback and finally settled at 79.78 (provisional), unchanged from its previous close. During […]

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On a consolidated basis, Tata Power Companys net profit jumped 90% to Rs 884 crore on 43% increase in net sales to Rs 14,495.48 crore in Q1 FY23 over Q1 FY22.

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