News Overview

Telecom stocks were trading with losses, with the S&P BSE Telecom index decreasing 11.37 points or 0.6% at 1877.25 at 13:51 IST.

Basic materials stocks were trading with losses, with the S&P BSE Basic Materials index decreasing 28.28 points or 0.49% at 5796.71 at 13:51 IST.

Metal stocks were trading with losses, with the S&P BSE Metal index falling 432.71 points or 2.17% at 19472.03 at 13:51 IST.

Earlier in 2020, CuraTeQ and Orion had entered into a licensing agreement, granting marketing and distribution rights for CuraTeQ’s biosimilar products under development in the Nordic states, Austria, Hungary and Slovenia.

Coforge rose 3.54% to Rs 5774.60 after a foreign brokerage reportedly initiated coverage of the stock with a buy recommendation and target price of Rs 7,400.

On 14 January 2022

World Gold Council (WGC) stated in a latest update that global Gold-backed ETFs saw outflows of 173 tonnes (-US$9.1billion, -4.0% AUM) in 2021 as losses from North America outweighed inflows into Asia and Europe. Asian ETFs were the primary bright spot globally, growing by more than 20% over the year driven by inflows into funds in China. Powered by Commodity Insights

In the last 6 months since Jul-21, NFO flows were in excess of Rs80,000cr, largely driven by multi-cap, flexi-cap and BAF themes.

The benchmark indices hit fresh intraday high in afternoon trade, boosted by IT stocks. The Nifty continued to trade above 18,000 level. At 13:30 IST, the barometer index, the S&P BSE Sensex, advanced 270.29 points or 0.45% at 60,665.92. The Nifty 50 index gained 69.50 points or 0.39% at 18,072.80. Reliance Industries (RIL) (up 1.09%), Housing Development Finance Corporation (HDFC) (up 1.50%) and HCL Technologies […]

The partnership extends Xebia’s geographical reach into Switzerland, gives SwissQ offshore and nearshore capabilities, and increases access to a combined 4000 technical experts globally for a joint customer base.