News Overview

The Singapore stock market finished session lower on Tuesday, 06 December 2022, joining regional decline, as concerns over a hawkish Federal Reserve amplified by stronger-than-expected economic data. Data released on Monday showed U.S. services industry activity unexpectedly picked up in November following a robust U.S. payrolls report published Friday – all of which raised doubts over whether the Fed would continue raising interest rates decisively. […]

According to the World Bank Pink Sheet commodity prices data, the global Energy prices dropped 4.5% in November, while non-energy prices inched higher (+0.7%). All main energy components registered declines: coal (-12.2%), natural gas index (-7.4%), and oil (-3.3%). Agricultural prices eased 0.4% in November. Food prices changed little as a 2.1% rise in oils & meals was balanced by a 3.9% decline in grains. […]

The key equity benchmarks ended a volatile session with small losses on Tuesday, sliding for the third straight session. Negative global cues dampened sentiment. Traders were also cautious ahead of the Reserve Bank of Indias policy outcome due on Wednesday, 7 December 2022. PSU banks, FMCG and oil & gas shares advanced. On the other hand, IT, media and metal shares werre under pressure. The […]

To 12 December 2022

Heavy selling pressure in domestic equities added pressure on the Indian rupee that plunged sharply under Rs 82/$ mark on Tuesday. Rupee declined by 76 paise to close at 82.61 against the US dollar. Besides, rising crude prices in the overseas markets and continued foreign capital outflows ahead of the RBIs policy announcement on Wednesday also dragged down the domestic unit. At the interbank foreign […]

To 7 December 2022

Indias total coal production increased by 11.66% to 75.87 Million Ton (MT) from 67.94 MT during November, 2022 as compared to November 2021. As per the latest figures of the Ministry of Coal, during Nov22, Coal India Ltd (CIL) registered a growth of 12.82 %, whereas Singareni Collieries Company Limited (SCCL) and captive mines /others registered a growth of 7.84 % and 6.87% respectively. Of […]

Concord Biotech and Vaibhav Gems filed for IPOs in the months of August and September.

RIL, Adani Ent and Infy were the top traded contracts.

Business Wire IndiaAshton Gray, one of the leading real estate development and construction companies headquartered in Houston, Texas has successfully closed its second investment opportunity in India within six months and has launched the third investment opportunity – Landing Meadows in Houston, exclusively for Indian retail investors. This opportunity is a first-of-its-kind investment opportunity (already ~50% funded) to participate in the development of a 50 […]