News Overview

Brent crude futures increased 24 cents, or 0.3%, to $77.16 a barrel. At $74.18, U.S. West Texas Intermediate crude futures increased 26 cents, or 0.4%.

GTPL Hathway profits tanked 57% at ₹10.2 crore against ₹23.7 crore. However, its revenue was seen increasing by 4.3% to ₹887.3 crore from ₹850.9 crore.

Spot gold remained steady at $2,670.16 per ounce. This week, the price of gold has increased by almost 1%. At $2,694.50, gold futures increased by 0.1%.

This week, the dollar gained 0.5% against the yen to purchase 158.03 yen and climbed more than 1% against the British pound

The LOI is a 50 MW/500 MWh share out of the overall 500 MW/1000 MWh project under GUVNL's Tariff-Based Global Competitive Bidding (Phase-IV), and is eligible for Viability Gap Funding.

The project shall include the installing and maintaining of 75.69 lakh smart meters in crucial zones like Varanasi, Azamgarh, Prayagraj, Mirzapur, Agra, and Aligarh.

The NFO is available for subscription from Jan 08 to Jan 22, 2025.

Top gainers in Sensex include HUL, Nestle, M&M, Kotak Mahindra, Asian Paints, Bharti Airtel, HCL Tech, ITC, and Titan Company.

The fund to invest predominantly in equity and equity related instruments of rural theme companies.

The underlying theme of the Fed minutes of 18-Dec meeting was concerns that Trumponomics could trigger inflation