News Overview

The Consumer Sentiment Index in Australia declined 2% on month to 102.2 in January, data on Wednesday showed. Consumers in states impacted by delta lockdowns appear to have been less unsettled by the rapid spread of the omicron than those in states experiencing their first major wave of Covid infections. Westpacs survey showed consumers reported a significant improvement in their finances from a year ago, […]

L&T Technology Services (LTTS) reported 8.14% rise in consolidated net profit to Rs 249.60 crore on a 4.96% increase in revenue from operations to Rs 1,687.50 crore in Q3 FY22 over Q2 FY22.

Total expenses for the year have increased by 57% yoy to Rs12.58cr.

Value of New Business grew from Rs10.30 billion in 9MFY21 to Rs13.88 billion in 9MFY22.

Vedanta Ltd has added 1.67% over last one month compared to 9.13% gain in S&P BSE Metal index and 8.31% rise in the SENSEX

The key equity indices are trading with modest losses in early trade tracking subdued Asian stocks. The Nifty fell below the 18,100 mark. Rising global crude prices and increasing expectations of March rate hike by US Fed dented the investor sentiment. At 09:26 IST, the barometer index, the S&P BSE Sensex, was down 109.27 points or 0.18% to 60,645.59. The Nifty 50 index lost 21.70 […]

India records 2,82,970 new cases in the last 24 hours. 8,961 Total Omicron cases detected so far; an increase of 0.79% since yesterday. Daily positivity rate (15.13%). Weekly Positivity Rate (15.53%). Indias Active caseload currently stands at 18,31,000, Active cases stand at 4.83%. Recovery Rate currently stands at 93.88% with 1,88,157 recoveries in the last 24 hours taking the total recoveries to 3,55,83,039. 70.74 crore […]

Nandan Denim gained 2.93% to Rs 168.45 after the company announced that its board will meet on 10 February 2022 to consider proposal for issue of bonus shares.

The board has decided to acquire land for the development of electric vehicles ancillary project.

At a macro level, the overall assets under management (AUM) of the Indian mutual fund segment has grown from Rs30.96 trillion to Rs37.92 trillion in 2021.