News Overview

Vivid Mercantile Ltd, Prime Focus Ltd, Dev Information Technology Ltd and Usha Martin Education & Solutions Ltd are among the other losers in the BSEs B group today, 30 November 2022.

Germanys unemployment rate remained unchanged in October, the labor force survey from Destatis showed. The jobless rate held steady at seasonally adjusted 3.0 percent in October. The number of unemployed totaled 1.33 million, which was down 1,700, or 0.1 percent from September. On an unadjusted basis, the number of unemployed decreased 67,000 or 4.9 percent annually to 1.30 million. The unemployment rate was 2.9 percent […]

PTC Industries rose 2.76% to Rs 2865.25 after the company announced that it has signed Memorandum of Understanding (MoU) with Safran Aircraft Engines (SAE) to bridge defence and civil aerospace sectors requirements.

The domestic equity barometers marched higher and hit the days high in the mid-afternoon trade. The Nifty traded above the 18,650 mark. Metal, realty and auto stocks advanced while PSU bank, pharma and healthcare shares corrected. At 14:30 IST, the barometer index, the S&P BSE Sensex, was up 180.93 points or 0.29% to 62,862.77. The Nifty 50 index gained 74.55 points or 0.40% to 18,692.60. […]

IIFL Wealth Management Ltd clocked volume of 5.36 lakh shares by 14:14 IST on NSE, a 20.61 times surge over two-week average daily volume of 26019 shares

Krishna Institute of Medical Sciences (KIMS Hospitals) said that it has made a further strategic investment in its subsidiary by acquiring an additional equity stake of 7.79% in Arunodaya Hospitals on 28 November 2022.

TajGVK Hotels & Resorts, Lemon Tree Hotels, and Oriental Hotels all had a 7—9% increase in value on the BSE

Japan share market lost ground for the fourth straight session in sluggish trading on Tuesday, 29 November 2022, as risk aversion selloff continued on tracking mixed cues from Wall Street overnight and sharper-than-expected dip in Japans industrial production data. Also, investors were disappointed by Chinas stance to stick with its strict zero-COVID policy despite rare nationwide protests. Most of the investors retreated to the sidelines […]

In their latest research note, analysts at IIFL Capital Services look at the state of supply pressures for Indian IT and the effect on companies’ cost structures.

Crude oil futures are up on Wednesday tracking a weaker dollar overseas coupled with falling US crude stockpiles. Crude oil inventories sagged by another 7.85 million barrels, American Petroleum Institute (API) data showed on Tuesday, after dropping 4.2 million barrels in the week prior. In the week prior, the API reported a large draw in crude oil inventories of 4.2 million barrels. Meanwhile, the dollar […]