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Investors are trying to benefit from the market's correction; DIIs have been net purchasers for 16 months in a row, while FIIs have been net sellers.

Gold futures are lingering at sharply lower levels posted in the previous session, although a minor correction in the dollar is seen supporting the yellow metal to some extent. COMEX Gold is down 0.16% at $1828.90 an ounce. The counter settled down $43.70, or 2.3%, at $1,831.80 an ounce yesterday. Also aiding the precious metal is a sharp plunge in Bitcoin that slumped below $22,000, […]

S&P 500 is now officially in bear territory, the index has fallen more than 20% below its recent all-time high.

Dynamatic Technologies: The company has won the contract to manufacture the Escape Hatch Door for Airbus A220 aircraft. The contract was placed by recently established STELIA AERONAUTIQUE CANADA Inc., a subsidiary of Airbus Atlantic SAS. WPIL: The company has received an order from the government of West Bengal for execution of turnkey project in the district of South 24 Parganas. The contract is for an […]

The medical diagnostic chain on Monday clarified that its promoters have no intention to exit the business.

WTI crude is recovering near $120 per barrel on Tuesday as dollar takes a breather. The dollar index, that measures the greenback against a basket of currencies is hovering at 105.08, tracking US treasury yields that is soaring past 3.3%. However, expectation of aggressive Fed rate hike amid soaring US inflation levels and China lockdown amid rising Covid cases are likely to keep demand for […]

EPFO is expected to increase its equity investment limit from 15% to 25%

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 96 points at the opening bell. Global markets: Overseas, Asian stocks are trading lower on Tuesday after Wall Street hit a confirmed bear market milestone and bond yields struck a two-decade high on fears aggressive U.S. interest rate hikes would push the worlds largest economy into […]

The project is expected to be completed over a period of 24 months.

Another day of negative cues