News Overview

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COMEX Silver futures hit near one week high above $23 per ounce as weak US dollar and steady buying in Gold supported the metal. The Silver market also eyed strong Indian demand. Indias Silver imports came in at Rs 1749 crore in December 2021, up by a massive 2200% compared to December 2020. Silver imports in April-May 2021 also jumped around 162% compared to same […]

Copper soared as the US dollar plunged and global stocks stayed supported. The red metal jumped in tune with other commodities and rallied above $4.50 per pound mark. The metal hit around two and half month high mark of $4.60 per pound before easing. MCX Copper also hit above Rs 750 per kg level before correcting. The World Bank cut its global growth forecasts but […]

The WTI Crude oil futures stayed well supported as markets eyed media reports yet again confirming the relatively less severity of new Covid-19 variant Omicron. The rapidly spreading variant is significantly less severe than other strains of Covid-19, according to a report from the US Centres for Disease Control and Prevention (CDC). WTI Crude edged up as a rally above $80 per barrel stayed in […]

COMEX Gold futures consolidated after hitting around one week high near $1830 per ounce. Gold remains broadly supported on sliding US dollar. The US Dollar Index broke well under 95 mark, extending recent losses and nearing three month low. Bitcoin is witnessing consistent selling pressure after testing around three month low mark and is keeping Gold supported. The World Gold Council (WGC), in its Gold […]

India on Saturday reported 2,68,833 fresh cases of COVID-19, extending the recent surge. The latest count marked a jump of nearly 4600 infections on previous day. The country also reported 402 deaths due to the disease. The active cases have risen to 14,17,82, the highest in around 223 days, and comprise 3.85% of the total infections., according to Union Health Ministrys data today. The fresh […]

IIFL Capital Services has allotted 296311 Equity Shares to the employees of the Company on exercise of stock options under IIFL Capital Services Limited Employee Stock Option Scheme – 2018 (IIFL ESOS -2018) and IIFL Capital Services Stock Option Scheme 2019 – Demerger Scheme (?ISL-Demerger Scheme). The said equity shares shall rank pari passu with the existing equity shares from the date of allotment. Upon […]

On 20 January 2022

Following conversion of CCDs into 13.20 lakh equity shares of Amar Chitra Katha

The board of Mumbai International Airport (the ?Issuer?), a step down subsidiary company of Adani Enterprises, at its meeting held on 14 January 2022, has approved the issuance of US Dollar denominated Rule 144A/ Reg S Senior Secured Fixed Rate Bonds (?Notes?), which may, be issued in one or more tranches overseas and that may be listed in any one or more stock exchanges in […]