ACC: ACC reported 60% fall in consolidated net profit to Rs 227 crore despite a 15% rise in net sales to Rs 4,393 crore in Q2 June 2022 as compared with Q2 June 2021. Larsen & Toubro Infotech (LTI): The company recorded 0.5% fall in consolidated net profit to Rs 634.4 crore on a 5.1% rise in revenue to Rs 4,522.8 crore in Q1 FY23 […]
The collaboration will introduce a new dimension of e-commerce in India, focused on NFT value.
Copper prices continue to stay battered as leading consumer Chinas economic growth hit a two-year low in the second quarter, official data showed Friday. The Chinese economy shrank by a seasonally adjusted 2.6% on quarter in the three months to June 2022, compared with market estimates of 1.5% drop and after an upwardly revised 1.4% growth in the previous quarter. This was the first quarterly […]
According to the Scheduled Banks' Statement of Position in India as of July 1, 2022, which was announced on Thursday, bank advances in the fortnight ended June 2, 2022, were Rs109.28 lakh crore, and bank deposits were Rs154.51 lakh crore.
The drug major said its wholly-owned subsidiary, Cipla Health, has signed definitive agreements for acquisition of Endura Mass from Medinnbelle Herbalcare.
Here are the top 10 stocks with major news in them and the potential to move the markets.
Markets likely to continue oscillating between value buying and profit booking
SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 77 points at the opening bell. On the macro front, Indias merchandise trade deficit rose to a record $26.1 billion in June 2022. Data released on July 14 showed that while exports in June rose by 23.5% to $40.13 billion, imports shot up by 57.5% to […]
Crude oil sees mild recovery in early Asia on Friday following a slump yesterday led by energy demand concerns. WTI oil futures for August was higher by 0.85% at $95.59 a barrel after shedding more than 5% during the previous session. Besides, rising crude and gasoline stockpiles and global inflation risks further added to demand woes. Fresh Covid-related curbs in several parts of China and […]
The US shares moved mostly lower on Thursday, 15 July 2022, with the Dow and the S&P500 indexes ending the day firmly in negative territory, while the Nasdaq managed to close just above the unchanged line. The weakness on Wall Street majorly reflected concerns about inflation and higher interest rates after the Labor Department released a report showing U.S. producer prices increased by more than […]

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