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In T Group

With effect from 23 May 2022

Bharat Electronics (BEL) fell 4.17% to Rs 221.60 after the PSU company reported a 15.6% fall in standalone net profit of Rs 1,141.81 crore in Q4 FY22 from Rs 1,352.38 crore posted in Q4 FY21.

In B Group

The key equity indices traded with minor gains, amid bouts of volatility, in early trade. The Nifty traded above the 16,250 mark. While FMCG, pharma and IT shares declined, metals, banks and auto stocks managed to trade in the green. At 09:25 IST, the barometer index, the S&P BSE Sensex, was up 154.75 points or 0.29% to 54,443.36. The Nifty 50 index added 39.70 points […]

The Indian Rupee saw choppy moves after recent slide.The INR is witnessing tepid moves after testing all-time lows against the US dollar. Indias forex reserves fell by 2.68 billion to around $593.2 billion for the week ended May 13 with a sizable contraction of gold reserves aiding the fall, show latest data from the Reserve Bank of India. The foreign currency assets fell by 1.3 […]

Crude oil eased today. Asian shares slipped on Tuesday as relief at a rally on Wall Street failed to extend. Traders also eyed rising US rig count data. The US energy firms last week added oil and natural gas rigs for the ninth week in a row. The oil and gas rig count, an early indicator of future output, rose 14 to 728 in the […]

The manufacturing sector in Japan continued to expand in May, albeit at a slower pace with a manufacturing PMI score of 53.2, according to the latest survey from Jibun Bank. Thats down from 53.5 in April, although it remains above the boom-or-bust line of 50 that separates expansion from contraction. The survey also showed that the services PMI improved to 51.7 in May from 50.7 […]

Copper eased in Asia on broad demand worries over world economy. Ukrainian President Volodymyr Zelenskyy called for maximum sanctions against Russia during a virtual speech Monday to corporate executives, government officials and other elites on the first day of the World Economic Forum gathering in Davos. He said sanctions need to go further to stop Russias aggression, including an oil embargo, blocking all of its […]

COMEX Gold futures moved up further on sustained losses in the US dollar index and worries over Russia-Ukraine war. COMEX Gold is also up 0.50% at $1852 per ounce. Risk appetite has picked up impressively in last couple of sessions and is keeping the dollar under wraps. COMEX Gold has hit one week high following the recent surge now. The MCX Gold futures moved up […]