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

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.

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

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.