News Overview

Large energy speculators added to their net long positions in the WTI Crude Oil futures market last week, according to the latest Commitment of Traders (COT) data. The non-commercial futures contracts of WTI Crude Oil futures, traded by large speculators and hedge funds, totaled a net position of 360505 contracts in the data reported through week ended January 10, 2022. This was a weekly surge […]

Cocoblu has entered into an Agreement with Amazon Seller Services Private Limited to be an online seller.

Banking stocks were trading in red, with the S&P BSE BANKEX index decreasing 192.69 points or 0.44% at 43578.36 at 13:50 IST.

Healthcare stocks were trading in red, with the S&P BSE Healthcare index decreasing 177.25 points or 0.69% at 25590.01 at 13:50 IST.

Financials stocks were trading in the negative zone, with the S&P BSE Finance index falling 19.04 points or 0.22% at 8597.31 at 13:50 IST.

Bhansali Engineering Polymers (BEPL) lost 8.77% to Rs 162.90 after the company posted a 44.4% decline in consolidated net profit to Rs 75.71 crore on a 17% fall in revenue from operations to Rs 341.52 crore in Q3 FY22 over Q3 FY21.

The shares took a leap following the announcement of its Q3 results.

The index has neared to the 12,000-mark. It has touched an intraday high of 11,914.95.

KEC International gained 1.4% to Rs 517.7 after the EPC company secured new orders worth Rs 1,112 crores across its various businesses.

Alembic Pharmaceuticals Ltd is quoting at Rs 798.6, down 0.51% on the day as on 13:24 IST on the NSE. The stock tumbled 25.31% in last one year as compared to a 28.14% rally in NIFTY and a 9.86% spurt in the Nifty Pharma index.