News Overview

In T Group

The Indian rupee slumped 31 paise to close at 76.15 (provisional) against the US dollar on Monday as rising crude oil prices and a lacklustre trend in domestic equities weighed on investor sentiment. At the interbank foreign exchange market, the rupee opened at 76.08 against the American currency, then lost further ground on broad US dollar strength. The WTI Crude oil futures have scaled up […]

Large energy speculators continued to cut their net long positions in the WTI Crude Oil futures market last week, according to the latest Commitment of Traders (COT) data. The non-commercial futures contracts of WTI Crude Oil futures, traded by large speculators and hedge funds, totaled a net position of 341815 contracts in the data reported through week ended March 15 2022. This was a weekly […]

COMEX Copper pulled back, sliding from its two week high as worries over Russia-Ukraine war weighed on the commodity. Firm US dollar also capped the advances of the metal and the COMEX Copper futures are currently trading at $4.70 per pound, almost unchanged on the day. The meta fell around 1.5% in intraday moves in last session. MCX Copper futures closed at Rs 815 per […]

Large precious metals speculators cut their net long positions in the Silver futures market last week, according to the latest Commitment of Traders (COT) data. The non-commercial futures contracts of Silver futures, traded by large speculators and hedge funds, totaled a net position of 52297 net contracts in the data reported through week ended March 15 2022. This was a fall of 743 net contracts […]

The US Federal Reserve Chair Jerome Powell noted in a speech that the central bank might raise interest rates more aggressively if inflation remains too high. We will take the necessary steps to ensure a return to price stability, Powell said in remarks to the National Association for Business Economics. In particular, if we conclude that it is appropriate to move more aggressively by raising […]

Larsen & Toubro (L&T): L&T said that the meeting of the board of directors of the company is scheduled on 24 March 2022, to seek approval for raising funds including through issue of debt securities as part of companys refinancing program. Wipro: Wipro has informed that the meeting of the board of directors of the company is scheduled on 25 March 2022 to consider and […]

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 13 points at the opening bell. Global markets: Overseas, Asian stocks are trading mostly higher on Tuesday, shrugging off tepid overnight cues from Wall Street as Federal Reserve Chair Jerome Powell sounded a hawkish note on monetary policy. US stocks declined broadly on Monday after Federal […]

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

Asian markets opened strongly in the green led by the Japanese 'Nikkei' which traded well over 400 points in early trade.