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Domestic equity indices ended with robust gains on Thursday, tracking strong global cues. The Nifty ended below the 17,250 level after hitting the days high of 17,322.50 in intraday today. Trading was volatile as the April 2022 F&O contracts expired today, 28 April 2022. Barring the Nifty Media index, all sectoral indices on the NSE ended in the green. The barometer index, S&P BSE Sensex […]

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At 76.63/64 per Dollar

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West Texas Intermediate crude stays below $102.00 levels. Crude prices steadied around the levels as investors weighed up tightening Russian supplies and the prospect of dwindling fuel demand in China amid economic woes. Meanwhile, The EIA noted in its latest weekly update that US crude oil imports averaged 5.9 million barrels per day last week, up by 98,000 barrels per day from the previous week. […]

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The pharmaceutical company posted a 23% fall in consolidated net profit to Rs 230 crore in Q4 FY22 from Rs 297 crore recorded in Q4 FY21.

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The Indian rupee pared initial losses to settle 4 paise higher at 76.53 (provisional) against the US dollar on Thursday, tracking positive domestic equities. However, the appreciation bias in the local unit is likely to be capped in the near term amid strong American currency, inflationary concerns and fears about an aggressive pace of the US rate hikes. At the interbank forex market, the rupee […]

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On a standalone basis, SBI Life Insurance Companys net profit surged 26.25% to Rs 672.15 crore on a 33.43% drop in income from investments (net) to Rs 2,999.49 crore in Q4 March 2022 over Q4 March 2021.

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