News Overview

COMEX Gold has tanked as a slide under $1800 per ounce mark extended today. The dollar index has soared well above 97 mark and COMEX Gold has dropped nearly 1% in intraday moves, testing its one month low of $1780 per ounce. Gold has tumbled despite strong cues from demand supply figures. The World Gold Council (WGC) stayed in its latest Gold Demand Trends update […]

COMEX Gold has tanked as a slide under $1800 per ounce mark extended today. The dollar index has soared well above 97 mark and COMEX Gold has dropped nearly 1% in intraday moves, testing its one month low of $1780 per ounce. Gold has tumbled despite strong cues from demand supply figures. The World Gold Council (WGC) stayed in its latest Gold Demand Trends update […]

The Indian rupee snapped its three-day losing streak to close 5 paise higher at 75.04 (provisional) against the US dollar on Friday amid expectation of better dollar inflows from upcoming IPOs. Meanwhile, build up to the upcoming budget session would be the key event that the market would be looking for. However, the rebound in the rupee was restricted amid weakness in domestic equities. Besides, […]

COMEX Copper slumped today, not being able to hold onto recent gains as cautious trading ahead of the weekend hurt the red metal. The US dollar index spiked to a fresh 18 month high above 97 mark, keeping commodities under stress. Equities stayed mostly under stress. Chinese benchmark Shanghai Composite index extended losses and closed down around 1%. Hong Kongs Hang Seng index also fell […]

The German economy contracted more than expected as new restrictions imposed at the end of the year dampened household spending, data released by Destatis revealed on Friday. Gross domestic product fell 0.7 percent sequentially in the fourth quarter, reversing the 1.7 percent expansion in the third quarter. On a yearly basis, GDP grew 1.4 percent, but slower than the 2.9 percent expansion registered in the […]

Sales rise 13.43% to Rs 2407.00 crore

Sales decline 10.66% to Rs 11.48 crore

Sales rise 4.63% to Rs 1410.59 crore

Sales decline 11.25% to Rs 102.44 crore

Eurozone economic confidence slipped to a nine-month low in January largely driven by the weakness in services and construction, survey results from European Commission showed on Friday. The economic confidence index fell to 112.7 in January from 113.8 in December. At 13.9, the industrial confidence index reached a seven-month low, and was down from 14.6 in December. The data also showed that the services sentiment […]