News Overview

Equity indices traded in a narrow range with moderate losses in mid afternoon trade. Baring Nifty Realty Index, all other sectoral indices were trading in red on the NSE. Sentiment was dented amid negative global cues. The Nifty continued to trade below its 50 days and 200 days simple moving average placed at 17,101.86 and 17,232.51 respectively. At 14:23 IST, the barometer index, S&P BSE […]

ICRA Ratings estimates the gold jewellery demand in India to grow at a steady ~11% during FY2023.

Indias manufacturing sector grew at a faster pace in April as factories raised production in the wake of rising orders. The S&P Global factory Purchasing Managers Index unexpectedly rose to 54.7 in April from 54.0 in March. The expected reading was 53.8. A reading above 50.0 indicates expansion in the sector. Growth gathered momentum in the intermediate and capital goods segments, but there was a […]

Tata Chemicals Ltd registered volume of 111.05 lakh shares by 14:14 IST on NSE, a 13.68 fold spurt over two-week average daily volume of 8.12 lakh shares

Sales rise 34.78% to Rs 1506.56 crore

Germany retail sales unexpectedly dropped in March, data from Destatis showed on Monday. Retail turnover was down by real 0.1 percent on a monthly basis in March, offsetting a 0.1 percent rise in the previous month and in contrast to the expected growth of 0.3 percent. On a yearly basis, retail sales fell 2.7 percent, confounding expectations for an increase of 6.1 percent. Data showed […]

Of Rs 2 per share

Gold extended further weakness on Monday, moving back towards its two-month low levels seen in the previous week. The yellow metal is losing ground towards $1.880 levels as US treasury yields are settling near 41-month highs ahead of the Federal Open Market Committee statement on monetary policy on Wednesday. The dollar index, that measures the greenback against a basket of currencies is lingering at 103 […]

Sales rise 37.68% to Rs 1407.25 crore

Total Operating Income decline 20.44% to Rs 4599.67 crore