News Overview

Bank of Baroda broke the winning streak to emerge as the biggest laggard in the under pressure PSU Bank sector.

The Shanghai Composite up 0.4% and the Shenzhen Component rose 0.681%.

LME Inventories Data – 8 February 2022 Copper 79925 (-100), Aluminium 767700 (-550), Nickel 85890 (-1122), Lead 51950 (-600), Zinc 153875 (-450). All figures in tonnes, Daily change in bracket. Powered by Commodity Insights

Mahanagar Gas declined 4.44% to Rs 791.35 after the company reported a 74% fall in net profit to Rs 56.79 crore in Q3 FY22 from Rs 217.2 crore posted in Q3 FY21.

As a part of this agreement, Gainwell Engineering will also supply after-market spare parts and render service support to the existing active population of licensed Caterpillar Room & Pillar Equipment and Highwall Miner.

At meeting held on 09 February 2022

The nature of this Project will be a Built and Operate Model at allocated locations.

The US dollar eased even though benchmark treasury yields climbed to multi-year highs. The 10-year Treasury yield jumped to as high as 1.97% on Tuesday, a level not seen since November 2019. The dollar index was seen stabilizing near 95.50 levels early in Asia on Wednesday as investors now await US inflation data due on Thursday for clues of the U.S. Federal Reserves timeline on […]

Here is the stock market performance at 11:30 AM today.

The construction arm of Larsen & Toubro has secured an order from Bangladesh Hi-Tech Park Authority to construct Hi-Tech IT Parks at 8 locations (2 packages at 4 locations each) across Bangladesh. This project is being funded by the Indian EXIM Bank and is the first IT &. Office Space order that L&T has secured in Bangladesh. As per the companys project classification, the order […]