News Overview

U.S. West Texas Intermediate (WTI) crude increased 2 cents to $78.28 by, while Brent futures increased 8 cents to $82.55 a barrel.

In the renewable energy arena, the business will add solar power projects, for which it has set aside a value of Rs 1,000 crore over the same time period.

US October inflation fell 50 bps to 3.2%, as food and fuel inflation moderated in the month, amidst flat core inflation.

The euro is currently trading slightly below its Tuesday peak, which was reached after the dollar's sell-off propelled a surge in many of its rival currencies.

In his brief speech at the IMF conference, Jerome Powell doused any optimism the market had about rate cuts.

CPI inflation in October at 4.87% was 7 bps above consensus estimate, but it is now just 87 bps from the RBI 4% target.

Petrol and Diesel prices in cities across India on 15-11-2023

Despite the entire offering being a 100% offer-for-sale by the Rathee family and a fully priced-in IPO, the response from investors was overwhelming.

The price band for the IREDA IPO is fixed at Rs 30 to Rs 32 per share, with a minimum lot size of 460 shares.

Asian markets are trading with upside in Wednesday’s early morning session.