News Overview

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

Asian markets opened mixed with weekend hostility by Russia raising fears of escalation as President Putin readies Nuclear arsenal.

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

Gold soared well above $1900 per ounce last week as safe haven buying got a boost amid heavy correction in risky assets. Equities tanked amid growing fears of a full-scale Russian invasion of Ukraine. Soaring inflation also pushed up Gold to near one year high near $1980 per ounce. However, the metal eased from these levels as equities cut losses and finally closed under $1900 […]

WTI Crude oil futures hit $100 per barrel as the global geopolitical worries turned into visible threat with Russian President Vladimir Putin announcing military operation in Ukraine. WTI Crude oil slipped from these elevated levels but consolidated above $90 per barrel. US Energy Information Administration (EIA) showed a second consecutive build in domestic crude oil inventories through the week ended February 18. EIA data showed […]

COMEX Copper futures lingered around $4.50 per pound amid on Friday amid steady equities and broadly supportive demand trends. The International Copper Study Group (ICSG) released preliminary data for November world copper supply and demand in its February 2022 Copper Bulletin. Preliminary data indicates that world copper mine production increased by about 2.5% over the first eleven months of 2021, with concentrate production increasing by […]

Hero MotoCorp announced the creation of a new position titled Chief Growth Officer integrating the Marketing Sales and After-Sales functions Ranjivjit Singh who has been heading Marketing – is being elevated to this newly constituted role of Chief Growth Officer with immediate effect

BOB Financial Solutions BFSL a wholly owned subsidiary of Bank of Baroda BoB and Indian Railway Catering and Tourism Corporation IRCTC have come together to launch the IRCTC BoB RuPay Contactless Credit Card The card is specially curated to offer maximum savings to frequent railway travellers Users of this card will also get multiple benefits for shopping across other categories ranging from groceries to fuel […]

S H Kelkar Company announced that Jairaj Purandare has ceased to be an Independent Director of the Company with effect from the closure of business hours of 19 February 2022 pursuant to completion of his second term as an Independent Director

The board of Magellanic Cloud at its meeting held on 21 February 2022 has approved to increase the authorised share capital of the company from Rs 30 crore to Rs 55 crore The board also approved for increasing the Foreign Direct Investment limits as per RBI guidelines