News Overview

Positive Local Equities Support INR Positive domestic equities and stronger Asian currencies supported gains in the Indian rupee although Omicron worries and firm crude oil prices restricted the appreciation bias of the local unit to some extent. The Indian rupee gained 12 paise to close at 74.30 (provisional) against the US dollar on Friday. At the interbank forex market, the local unit opened at 74.41 […]

Germanys exports grew at a slower pace in November, data released by Destatis showed on Friday. Exports increased 1.7 percent on a monthly basis in November, slower than the 4.2 percent increase seen in October. Nonetheless, this was in contrast to the expected fall of 0.2 percent. Likewise, imports growth eased to 3.3 percent from 5.2 percent in the previous month. The trade surplus fell […]

The IT major said its board will consider a share buyback on Wednesday, 12 January 2022.

Eurozones inflation accelerated further in December to set a fresh record high, defying expectations for an easing, preliminary data from Eurostat showed Friday. The consumer price index rose 5.0 percent year-on-year after a 4.9 percent increase in November. Core inflation, which excludes prices of energy, food, alcohol & tobacco, was 2.6 percent in December, unchanged from November. Compared to the previous month, prices rose 0.4 […]

The Australian share market finished session higher on Friday, 07 January 2022, snapping two days of losing streak, as investors chased for bottom fishing across the board, with financials, energy, tech, and utilities stocks leading the surge. At closing bell, the benchmark S&P/ASX200 was up 95.03 points, or 1.29%, to 7,453.35. The broader All Ordinaries index added 95.12 points, or 1.24%, to 7,774.39. The top […]

Newgen has filed 44 patents till date, out of which 22 have been granted in India and the US.

On 7 February 2022

Japan share market finished choppy session marginally lower on Friday, 07 January 2022, as investors sentiments dampened amid lingering concerns over the economy after Japans daily COVID-19 cases surpassed the 5,000-mark for the 1st time since Sept. 17, while Tokyos daily tally reached 922 new infections, the highest figure since mid-September. Adding to market woes, community transmission of the highly contagious Omicron variant of the […]

The benchmark indices settled with decent gains on Friday, supported by oil & gas and banks stocks. The Nifty settled above the 17,800 mark after hitting the days low of 17,704.55 in afternoon trade. The barometer index, the S&P BSE Sensex, rose 142.81 points or 0.24% at 59,744.65. The Nifty 50 index gained 66.80 points or 0.38% at 17,812.70. Bajaj Finserv (down 1.39%), Bajaj Finance […]

Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, “Our order book continues to grow on the backdrop of orders secured across all our business verticals."