News Overview

COMEX Gold futures slipped by nearly $30 per barrel in last session as the US dollar index hit near 102 mark and oil prices plummeted. The overall mood remains cautious now after recent slide as the prices have moved to a two month low of $1900 per ounce. Chinese Covid-19 cases count stays elevated and bargain buying is possible in Gold at the current levels. […]

The US oil and gas rig count is up two from last week at 695 rigs, latest data from Baker Hughes showed. A year ago, 438 rigs were active. The count shows that 549 rigs sought oil, up one from the previous week, and 144 explored for natural gas, up one from the previous week. The U.S. rig count peaked at 4,530 in 1981. It […]

For supply of its range of insulin Insugen

Sales rise 19.61% to Rs 20.43 crore

Muted quarter likely for the company

The Indian rupee could see some respite in early trades on Tuesday, 26 April 2022 as dollar is off its overnight peaks although rebound in crude oil prices could dampen sentiments. Sustained foreign fund outflows, persistent fears of rising China covid cases and its overall impact on global economic outlook continues to keep risk appetite lower. On Monday, rupee declined 26 paise to close at […]

PNB assures one of the best banking service delivery infrastructure and a strong branch network in the country

The US share market finished session higher on Monday, 25 April 2022, after recouping early losses during late afternoon trade, thanks to reports that Twitter agreed to be bought by Elon Musk. However, market gains were limited amid lingering concerns that faster U.S. interest rate hikes would dents economic growth. At the close of trade, the Dow Jones Industrial Average index advanced 238.06 points, or […]

Bank of India: The bank said its board of directors considered and approved the capital raising plan upto Rs.2,500 crores by issue of fresh equity capital in the form of QIP / FPO / preferential issue. Lemon Tree Hotels: The company has signed a license agreement for a 60 room hotel at Kharar, near Chandigarh under the companys brand Lemon Tree Hotel. The hotel is […]

Here is the important stock market news to watch out for today.