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On 20 July 2022

On 25 July 2022

The rating agency has assigned a ‘CARE BBB’ rating to long-term facilities along with a Stable Outlook on the same.

The world has never witnessed a major energy crisis like the current one in terms of its depth and its complexity, Fatih Birol, the executive director of the International Energy Agency (IEA), said on Tuesday, media reports quoted. Birol, speaking at a global energy forum in Sydney, said that the world is in the middle of the first global energy crisis. According to Birol, since […]

The key equity indices ended with deep cuts on Tuesday amid negative global cues. Investors were cautious ahead of Indias June retail inflation data expected later today. Barring the Nifty Realty index, all the sectoral indices on the NSE ended in the red. Metals, autos and IT shares were under pressure. The barometer index, the S&P BSE Sensex, was down 508.62 points or 0.94% to […]

Nifty Metal index ended down 1.22% at 4834.05 today. The index is down 7.00% over last one month. Among the constituents, NMDC Ltd slipped 5.32%, Welspun Corp Ltd fell 3.71% and APL Apollo Tubes Ltd dropped 3.33%. The Nifty Metal index is down 8.00% over last one year compared to the 2.33% surge in benchmark Nifty 50 index. In other indices, Nifty Auto index is […]

On 26 July 2022

Reliance Industries (RIL), Tata Steel and Tata Consultancy Services (TCS) were the top traded contracts.

The headline equity indices ended with deep cuts on Tuesday amid negative global cues. Investors were cautious ahead of Indias June retail inflation data expected later today. Metals, autos and IT stocks were under pressure. As per provisional closing data, the barometer index, the S&P BSE Sensex, down 508.62 points or 0.94% to 53,886.61. The Nifty 50 index fell 157.70 points or 0.97% to 16,058.30. […]

Oil producing cartel OPEC has stated that it is expecting an increase of 2.7mn b/d to 103mn b/d in global oil demand next year on healthy global economic growth. However, the groups forecast for this years oil demand growth has been left unchanged at 3.4mn b/d. In its latest Monthly Oil Market Report (MOMR), Opec says its 2.7mn b/d demand growth forecast for 2023 assumes […]