COMEX Copper had hit a one month high in last session on worries over Russian supplies but flipped back thereafter amid weakness in US equities. Mostly supportive economic cues capped losses though. After reporting a slowdown in the pace of growth in US service sector activity over the past few months, the Institute for Supply Management released a report on Tuesday showing growth in the […]
Gold futures turned lower in Asia as the US dollar index jumped to three year high above 99.50 and Treasury yields hit multi-year highs after Fed Governor Lael Brainard said overnight that she expected a combination of interest rate rises and a rapid balance sheet runoff to take US monetary policy to a more neutral position later this year. This pulled Gold down after the […]
The Indian rupee is likely to come under pressure, tracking strength in the US dollar in early trades on Wednesday, 06 April 2022, even as crude oil prices show signs of retreating. Surging US treasury yields sent the dollar sharply higher overnight as comments from Federal Reserve Governor Lael Brainard spooked investors about potential aggressive actions by the central bank to control inflation. Meanwhile, focus […]
The board will evaluate the proposal of raising funds through issue of equity shares or any other eligible securities.
Tata Steel: On a provisional basis, Tata Steel India achieved highest ever annual crude steel production of 19.06 million tons, with a growth of 13% YoY despite the COVID 2nd wave related disruption early in the financial year. Tata Consultancy Services (TCS): TCS announced that the Kansas Department of Labor (KDOL) has selected TCS to build a modern, secure, web-based system for the states unemployment […]
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Here is the important stock market news to watch out for today.
Asian indices opened in the red led by weak US cues as profit booking was witnessed in most Asian indices.
Check out the stocks that will be in focus during trade today based on recent and latest news developments.
Rane Madras will hold a meeting of the Board of Directors of the Company on 20 May 2022
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