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WTI Crude oil futures continue to hold above $110 per barrel on worries over Russia-Ukraine war. Sentiments were lifted on reports that Shanghai aims to reopen broadly and allow normal life to resume for its citizens. This could drive up the demand for crude oil after recent choppiness in prices. However, intraday gains were capped in oil. MCX Crude oil futures broke above Rs 8900 […]

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Bharti Airtel: Bharti Airtel reported a 164% jump in consolidated net profit to Rs 2007.8 crore on a 22.3% in revenue from operations to Rs 31,500 crore in Q4 FY22 over Q4 FY21. The telecom operator said rise in revenue was backed by strong and consistent performance delivery across the portfolio. DLF: The real estate major reported 8% fall in consolidated net profit to Rs […]

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The US stocks rose substantially higher on Tuesday, 17 May 2022, with the Dow Jones Industrial Average, the Nasdaq, and the S&P 500 all settling session higher. The rebound in Wall Street was credited to strong retail sales and industrial production data, some upbeat earnings updates and Fed Chair Jerome Powells positive comments about the strength of the economy. At the close of trade, the […]

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SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 36 points at the opening bell. Global markets: Overseas, Asian stocks are trading mixed on Wednesday following overnight comments from U.S. Federal Reserve Chairman Jerome Powell, who said hes resolved to raise rates until inflation comes down. On the macro front, Japans economy shrank 1% on […]

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SGX Nifty in the green and marginally above its closing price yesterday

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Sales rise 37.76% to Rs 110.94 crore

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