News Overview

The rupee remains volatile as investors stay cautious ahead of the US Federal Reserve meeting outcome later this week.

Financial Services were under pressure with Bajaj twins, HDFC twins dragging the most.

Chennai Petroleum Corporation rose 2.59% to Rs 106.80 after the company reported a standalone net profit of Rs 228.83 crore in Q3 FY22 as against a net loss of Rs 556.44 crore posted in Q3 FY21.

Share of microloan securitisation in overall securitisation has also declined from a peak share of 15% in FY2020 to 10% in FY2021 and around 8% in 9M FY2022.

The benchmark indices extended minor losses during mid-morning trade, as IT stocks dragged the market. Weak Asian stocks, worries of US Fed interest hike, geo-political tensions of Russia invading Ukraine and firm crude oil prices continue to impact investors sentiment. The Nifty edged towards 17,100 level. At 11:30 IST, the barometer index, the S&P BSE Sensex, declined 225.01 points or 0.39% at 57,266.50. The Nifty […]

The company’s board has also appointed Dhiraj Kapoor as the Company Secretary & Compliance Officer effective February 1, 2022.

The capital expenditure will be financed by the Company’s own sources/internal accruals.

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

Business Wire IndiaShootih recently announced the launch of their business wealth management platform for SMBs and MSMEs. This will help small and medium-sized businesses get a consolidated, analytical view of their business transactions along with the ability to invest their idle cash and find tax-saving opportunities.   Vinita and Nilesh, co-founders of Systango, a mid-cap web and mobile development boutique headquartered in London, UK, faced […]

The US dollar is seen hovering near a two-week high in early trades on Tuesday after briefly crossing 96 mark overnight amid escalating political worries about a potential military conflict in Ukraine and with all focus turning towards the upcoming Fed policy decision. The Fed begins a two-day policy meeting later in the global day, and investors will be anxious for any hints on the […]