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SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 64 points at the opening bell. On the macro front, Indias factory output, measured in terms of Index of Industrial Production (IIP), witnessed a growth of 19.6% in May 2022. IIP grew 7.1% in April 2022. The manufacturing sector recorded a growth of 20.6% in May. […]

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Value buying may prevail over profit booking today

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The government is eager to develop a formal, comprehensive framework for public-private partnership (PPP) for the agriculture sector with an emphasis on securing greater investments and expertise from private participants in the area.

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The board on Tuesday (12 July) approved the appointment of Anand Balaramacharya Hunnur as the managing director of the company.

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Oil prices are trying to recover from under $100 per barrel mark that it gave up in the previous session, falling more than 7% on Tuesday, amid persistent fears that a global economic slowdown will hit oil demand. WTI crude oil futures are currently up 0.23% at $ 96.06 per barrel. API data revealed build up in US crude oil and gasoline stocks last week. […]

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Gold is lingering at its lowest level in almost a year on Wednesday, awaiting crucial US consumer price data for further cues. The yellow metal stays bounded near the flat line at $1725 an ounce, a level not seen since August 2021. A brief pause in dollar rally is also likely to keep gold supported. The International Monetary Fund on Tuesday warned that avoiding recession […]

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Das again asserts that price rise currently is above RBI's tolerance limit

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According to a report on the Composite Leading Indicator (CLI) issued by the Organization for Economic Co-operation and Development, the economic growth in India is stable while it is ebbing in most other major nations, such as the US and China (OECD).

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Here are the stocks with major news in them and the potential to move the markets.

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HCL Technologies: HCL Technologies reported 8.6% fall in consolidated net income to Rs 3,283 crore despite a 3.8% rise in revenue to Rs 23,464 crore in Q1 FY23 over Q4 FY22. The board of directors has declared an interim dividend of Rs 10/- per share. CARE Ratings: The board of directors of the company at its meeting scheduled to be held on 20 July 2022 […]

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