News Overview

Of Rs.3 per share

Steel Authority of India (SAIL) added 1.13% to Rs 98.30 after the company said that its board has approved the second interim dividend of Rs 2.50 per equity share for the FY 2021-22.

Allcargo Logistics rose 2.50% to Rs 319.95 after the companys board on Wednesday (16 March) declared an interim dividend of Rs 3 per share.

US retail sales rose by 0.3 percent in February after soaring by an upwardly revised 4.9 percent in January, the Commerce Department reported on Wednesday. The uptick in retail sales was partly due to a 5.3 percent surge in sales by gas stations, which largely reflected higher prices at the pump. The report showed core retail sales, which exclude automobiles, gasoline, building materials and food […]

The record date for the purpose of payment of 2nd Interim Dividend is March 29, 2022.

The project is expected to be completed in 24 months after receiving all necessary governmental approval.

TSAML and Ceramat had executed a Share Purchase cum Shareholders’ Agreement on February 28, 2022.

The International Energy Agency (IEA) noted in a latest monthly update that surging commodity prices and international sanctions levied against Russia following its invasion of Ukraine are expected to appreciably depress global economic growth. As a result, it revised down forecast for world oil demand by 1.3 mb/d for 2Q22-4Q22, resulting in 950 kb/d slower growth for 2022 on average. Total demand is now projected […]

COMEX Copper edged up to a one week high amid firm equities as optimism about a potential diplomatic solution to the ongoing Russia-Ukraine conflict triggered good buying. Ukrainian President Volodymyr Zelenskyy said during an address to the nation that the positions in the negotiations were beginning to look more realistic, media reports noted. The US stocks soared amid sustained bargain buying. DOW jumped 1.6%. The […]

Gold edged up in Asia today after witnessing deep losses in last few days. investor concerns about a sharp slowdown for China, which is battling a spreading COVID-19 outbreak with ultra-restrictive measures kept the downside limited for the metal after it tested a two and half week low of $1895 per ounce in last session. Gold has surged as the US Federal Reserve announced its […]