News Overview

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 […]

The Board of White Organic Retail will meet on 28 February 2022 to consider issue of bonus shares on equity shares of the company

The Phoenix Mills announced the execution of non]binding term sheet to acquire balance 50Percentage equity stake in Classic Mall Development Company CMDCL from Crest Ventures and Escort Developers a 100Percentage subsidiary of Crest Ventures PML currently owns 50Percentage in CMDCL and the balance 50Percentage is owned by Crest Ventures 4635Percentage and Escorts Developers 365Percentage; completion of the stake purchase will make CMDCL a subsidiary of […]

The Board of Kalpataru Power Transmission KPTL at its meeting held on 19 February 2022 has considered and approved the Scheme of Amalgamation of JMC Projects India Transferor Company with the Company and their respective shareholders Pursuant to the Scheme JMCs shareholders other than KPTL will be allotted one share of KPTL against every four shares held by them in JMC

Gujarat Natural Resources will hold a meeting of the Board of Directors of the Company on 28 February 2022

The Board of Welspun India will meet on 23 February 2022 to consider the issuance of debentures commercial papers or any other form of borrowing up to Rs 500 crore

Polycab India has allotted 9833 equity shares of face value of Rs10 each to the employees who had exercised their options under Polycab Employee Stock Option Performance Scheme 2018