News Overview

The report highlights Wipro as a good fit for large enterprises, bringing consultancy-led workplace transformation across geographies while saving costs.

Tech Mahindra: The IT company on Saturday announced that it has approved the proposal to acquire 100% equity shares in Thirdware Solutions. Thirdware, headquartered in Mumbai, is a global player in Enterprise Applications focused in the areas of ERP, BIA, Cloud and business technologies. Gail (India): Gail (India) said that its board has approved the payment of second interim dividend of Rs 5 per equity […]

FPI selling bouts are nothing new. We have seen that in the past, but it does intuitively look like this one of the worst bouts of FPI selling that India has ever seen.

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 96 points at the opening bell. On the macro front, IIP grew by 1.32% on an annual basis in January 2022, which is an improvement from the 0.7% annual growth in December 2021 according to the data released by the National Statistical Office (NSO) on March […]

US consumer sentiment index slid to 59.7 in March from 62.8 in February, its lowest level in over ten years in the month of March, according to a report released by the University of Michigan on Friday. With the bigger than expected decrease, the consumer sentiment index dropped to its lowest level since hitting 59.5 in September 2011. One-year inflation expectations jumped to 5.4 percent […]

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

Asian markets saw a positive start as the Japanese 'Nikkei' was trading higher by over 300 points in early trade along with positive traction in the Australian markets which were up over 1.3%.

Check out the stocks that will be in focus during trade today based on recent and latest news developments.

The last one year can be broadly classified into 3 phases. In the first phase between Mar-21 and May-21, IIP growth represented the classic outlier effect due to an inordinately low base effect. The period from Jun-21 to Aug-21 represented a period of sustained normalization as base effect normalized and growth was based on merit. IIP from Sep-21 onwards was more of normalized long term IIP growth.

COMEX Copper eased after hitting all-time highs above $5 per pound last week but is witnessing steady moves amid tight inventories and firm Chinese demand. Chinas unwrought copper imports jumped 9.6% during the first two months of 2022 compared with the same period a year earlier, customs data showed on Monday. Arrivals of unwrought copper and copper products into top consumer China were 969,000 tonnes […]