News Overview

The key equity indices reversed all the losses and traded with minor gains in the early afternoon trade. The Nifty marched above the 18,700 mark. Metal, realty and PSU bank shares advanced while oil & gas, IT and healthcare shares declined. At 12:29 IST, the barometer index, the S&P BSE Sensex, was up 6.65 points or 0.01% to 62,875.15. The Nifty 50 index added 22.70 […]

The LME Copper inventories stayed near three week lows on Friday. The inventories fell 825 tonnes to 87,450 tonnes, its lowest level since Nov 14. The inventory stood at an eight month low of 77875 tonnes on 11 November 2022. Powered by Commodity Insights

Due to a favorable macroeconomic environment, the company disbursed loans of over Rs 4,500 crore in November 2022, representing a 75% YoY rise

Markets are expecting RBI to lower its interest rate hikes, this week

The services sector in Japan continued to expand in November, albeit at a slower rate, the latest survey from Jibun Bank revealed on Monday with a PMI score of 50.3.Thats down from 53.2 in October, although it remains above the boom-or-bust line of 50 that separates expansion from contraction. The survey also showed that the composite PMI fell into contraction at 48.9, down from 51.8 […]

Yaari Digital Integrated Services Ltd, Country Condos Ltd, Sadbhav Engineering Ltd and Indian Terrain Fashions Ltd are among the other gainers in the BSEs B group today, 05 December 2022.

Gold prices started the week on a solid footing tracking persistent weakness in the dollar overseas. The yellow metal stayed at its highest level in nearly four months as dovish Federal Reserve expectations continue to remain a weight on the US Dollar. The dollar index that measures the greenback against a basket of currencies was seen lingering near 104 mark. Meanwhile, COMEX gold futures are […]

The time restriction of 30 days provided to the assessing officials has been lowered to 21 days, according to the Directorate of Income Tax (Systems) announcement

Global Grains Export Quotes Quotes as on 1 December 2022, annual change in percent WHEAT US – HRW (Gulf) $405, 8, EU France Grade 1 (Rouen) $339, 2. MAIZE (CORN) US – 3YC (Gulf) $313, 19. BARLEY EU – France (Rouen) $301, 0 SOYABEANS US – No.2 (Gulf) $579, 19, Argentina (Up River) $586, 9. RICE Thailand 5% Broken $438, 16.Powered by Commodity Insights

Electricity volumes traded up 9% YoY at 7392 MU in November