News Overview

European stock markets were mostly lower on Monday, 21 November 2022, with shares of economically sensitive materials, energy and industrials companies led losses, as a record-high jump in COVID19 cases in China and uncertainty over the path of U.S. monetary policy dampened risk sentiments. At 11:50 GMT, the pan European Stoxx 600 index declined 0.2% to 432.54. Germanys DAX index dropped 0.5% to 14,355.15. Frances […]

COMEX Copper futures fell amid tepid cues from equities. Asian stocks traded weak amid news of fresh COVID-19 restrictions in China as authorities locked down part of the manufacturing hub of Guangzhou for five days and urged residents of the sprawling Chaoyang district to remain at home. European shares turned lower amid lack of major economic cues. The red metal currently trades at $3.60 per […]

Business Wire India The 24th and the biggest edition of China Hi-Tech Fair (CHTF) just concluded on November 19, 2022 in Shenzhen, China. With an exhibition area of 406,000 square meters, the 5-day event showcased 8,667 items from 5,671 exhibitors, covering AI, intelligent driving, digital economy, 5G, Internet of Things, anti-epidemic technology solutions, chip technology, big data, information security, blockchain etc, and gathered 214,000 visitors […]

Strength in the American currency added pressure on the Indian rupee that depreciated 7 paise to close at 81.81 (provisional) against the US dollar on Monday. Besides, a muted trend in domestic equities too weighed down the domestic unit. At the interbank foreign exchange market, the local unit opened at 81.84 and later witnessed an intraday high of 81.74 and a low of 81.91 during […]

The IMF noted in a latest update that after a robust recovery from the economic shock of the COVID pandemic, France is now facing the repercussions of Russia’s invasion of Ukraine. In 2021, GDP rebounded by 6.8 percent and by the end of the third quarter, output had recovered to pre-crisis levels. The recovery was broad-based—consumption, investment, employment, and labor force participation all rebounded more […]

The Singapore stock market finished session lower on Monday, 21 November 2022, on tracking decline on regional market bourses, as a record-high jump in COVID19 cases in China and uncertainty over the path of U.S. monetary policy dampened risk sentiments. At closing bell, the Straits Times Index (STI) index was down 21.61 points or 0.66% to 3,250.62 after trading between 3,265.53 and 3,308.30. Volume was […]

The domestic equity benchmarks declined for the third straight session on Monday, 21 November 2022. The Nifty 50 index opened on a weak note and hovered near the days low throughout the session. Fears of tighter monetary policy in the US and rising COVID-19 cases in China weighed on sentiment. PSU banks, media and consumer durables stocks were in demand. On the other hand, IT, […]

NSE India VIX gained 2.83% to 14.80.

On 28 November 2022

Business Wire IndiaFinvasia Group today announced the migration of Shoonya- their zero commission trading application- to its brand new domain- Shoonya.com. This move aims to give a unique identity to Shoonya and further help Finvasia.com transition to the role of a parent website for all global companies under the Finvasia group.   Finvasia is a global financial services company that ventured into Indian capital markets […]