News Overview

With effect from 10 May 2022

Gold is seen holding near the three-month lows touched last week below $1860 levels after gaining some traction early in the day from easing bond yields and dollar off its peaks. COMEX Gold rose to $1864.65 per ounce before easing back. Dollar stabilized after earlier falling back from a two-decade high. The Dollar Index, which tracks the greenback against a basket of six other currencies, […]

Chinas copper imports in April dropped 4% from the same month a year earlier, customs data showed on Monday. The worlds top metals consumer brought in 465,330 tonnes of unwrought copper and products last month, down from 484,890 tonnes in April 2021 and compared with 504,009 tonnes in the previous month, according to data from the General Administration of Customs. April imports of copper concentrate, […]

Wipro announced that it has extended its strategic agreement with Cr?dit Agricole CIB, the corporate and investment bank division of Cr?dit Agricole Group, to fuel Cr?dit Agricole CIBs next stage of growth. The engagement builds on Cr?dit Agricole CIB and Wipros decade-long relationship and will provide the Bank with a larger team of Wipro experts who will operate a robust and secure infrastructure. Wipro will […]

The Indian rupee recovered 12 paise to end at 77.32 (provisional) against the US dollar on Tuesday, supported by a rebound in regional currencies and fall in crude oil prices. However, weak domestic equities and persistent foreign fund outflows limited the gains. At the interbank forex market, the rupee opened strong at 77.27 against the greenback and moved in a range of 77.20 to 77.45 […]

Gold is seen holding near the three-month lows touched last week below $1860 levels after gaining some traction early in the day from easing bond yields and dollar off its peaks. COMEX Gold rose to $1864.65 per ounce before easing back. Dollar stabilized after earlier falling back from a two-decade high. The Dollar Index, which tracks the greenback against a basket of six other currencies, […]

Australian share market finished lower for third straight session on Tuesday, 10 May 2022, as investors fled risk and sought safe havens amid concerns about the outlook for the global economy. That adds to pressure from Russias war on Ukraine and a Chinese slowdown. However, market losses capped after new data showed retail sales volumes rose by 1.2% during the March quarter despite the spread […]

The benchmark indices ended with minor cuts on Tuesday, sliding for the third trading session. Trading was volatile as the Nifty 50 index reversed trend after hitting the days high of 16,404.55 in early afternoon trade. Small-cap and mid-cap shares witnessed major sell off. Shares of FMCG, private banks, financial service companies bucked the trend. On the flip side, metals, oil & gas and realty […]

Sales rise 35.03% to Rs 1555.33 crore

Sales decline 11.01% to Rs 82.66 crore