News Overview

Retail sales in the United States increased by 0.7% last month, contrary to the 0.3% increase that Reuters's panel of economists had predicted.

In FY23, the company reported a revenue of ₹407.32 Crore, up from ₹296.40 Crore in the previous year. The oil and gas segment contributed 77% of the revenue. Net profit for the fiscal year stood at ₹46.36 Crore, compared to ₹35.98 Crore the previous year. As of the nine months ended December 31, 2023, the total debt of the company stood at ₹56.73 Crore.

The F&O ban list is updated daily by the NSE, and derivative contracts in these securities have surpassed the prescribed limit.

Spot gold was up 0.1% at $2,383.37 an ounce. On Friday, the price of gold reached a record high of 2,431.29.

June delivery Brent futures had increased by 46 cents, or 0.5%, to $90.56 per barrel. May delivery of U.S. oil futures saw a 0.5% increase, or 43 cents, to $85.84 a barrel.

In India, petrol and diesel pricing is influenced by factors such as freight charges, value-added tax (VAT), and local taxes.

The rupee opened at 83.5100 against the U.S. dollar, a decrease from the previous session's 83.4500.

Overall MF AUM fell in March, but retail shares further improved in the month.

Despite the bounce in WPI inflation, the full year reading for FY24 was still in the negative.

On Monday, the rupee fell 6 paise to 83.44 versus the US dollar, reflecting significant losses in equities markets.