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Australian share market finished session modestly higher on Thursday, 14 July 2022, extending the winning streak for a third day, after official data showed employment rose more than expected in June, although worries over hot U.S. inflation data and an impending rate hike capped gains. At closing bell, the benchmark S&P/ASX200 advanced 29.06 points, or 0.44%, to 6,650.62. The broader All Ordinaries index added 40.80 […]

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Record date is 03 September 2022

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Mainland China share market finished session with a mixed note on Thursday, 14 July 2022, amid fears that debt troubles in the property sector will hit lenders as more homebuyers threatened to halt mortgage payments. At close of trade, the benchmark Shanghai Composite Index fell 0.08%, or 2.55 points, to 3,281.74. The Shenzhen Composite Index, which tracks stocks on Chinas second exchange, added 0.79%, or […]

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Larsen & Toubro Infotech (LTI) 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 in Q1 FY23 over Q4 FY22.

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The frontline indices ended with minor cuts on Thursday amid negative global cues. After hitting the days high of 16,070.85 in morning trade, the index declined as the session progressed and hit the days low of 15,858.20 in mid-afternoon trade. Oil & gas, pharma and healthcare shares were in demand. Meanwhile, IT and bank shares dragged. The barometer index, the S&P BSE Sensex, was down […]

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The European Commission has trimmed its forecast for EU economic growth in 2023 as it noted that the shocks unleashed by the war are hitting the EU economy both directly and indirectly. The rapid increase in energy and food commodity prices is feeding global inflationary pressures, eroding the purchasing power of households and triggering a faster monetary policy response than previously assumed. EU has cut […]

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