News Overview

Weakness in dollar overseas is seen supporting the Indian rupee to a positive opening on Tuesday. Dollar pulled back in early Asia and is currently quoting down 0.36% at 106.25. On Monday, rupee climbed 5 paise to close at 81.66 against the US dollar. At the interbank foreign exchange market, the local unit opened weak at 81.81 and touched an intra-day high of 81.61 and […]

Entertainment Network (India) had previously announced its foray into the United States (US) Radio market. The Companys US subsidiary, Viz. Entertainment Network, LLC (EN. LLC.) had entered into a Time Brokerage arrangement with a US based broadcaster to broadcast radio programmes and content, targeting the South Asian community in the Bay Area – USA. Due to the non-fulfilment of material contractual obligations by the counterparty, […]

Copper is up more than 1% in early Asia on Tuesday, tracking weakness in the greenback overseas. The red metal bounced back after incurring more than 2% decline on Monday amid protests in China, which could further hamper the countrys appetite for commodities. Chinese citizens in several major cities took to the streets over the weekend to express their discontent with the countrys draconian zero-COVID […]

Cipla has launched Leuprolide Acetate Injection Depot 22.5mg. The product was approved by the United States Food and Drug Administration (US FDA) based on a New Drug Application (NDA) submitted under the 505(b)(2) regulatory pathway. Leuprolide Acetate Injection Depot contains 22.5 mg of leuprolide acetate for 3-month administration given as a single dose injection. It is supplied as lyophilized microspheres in a single dose vial […]

Gold held on near one week high attained in the previous session as dollar gave up recent gains accrued on the back of China woes. In addition to safe haven demand, hawkish comments from Fed officials James Bullard and John Williams also supported greenback, thereby adding pressure on the yellow metal that fell sharply lower on Monday to around $1,740 per ounce. However, pull back […]

Here are some stocks that may show significant price movement today

Crude oil prices are holding near $77 per barrel mark following a plunge amid Chinas strict Covid restrictions and ensuing protests that dampened the outlook for the worlds top crude importer. However, oil prices see small recovery in early Asia as markets bet that the Organization of Petroleum Exporting Countries (OPEC) will step in to support prices in its December meeting. The OPEC announced a […]

Other Asian markets have opened in Red today

Lupin: Lupin announced that its wholly owned subsidiary in Brazil, MedQu?mica Ind?stria Farmac?utica (MedQu?mica), has signed a definitive agreement to acquire all rights to nine medicines from BL Ind?stria ?tica Ltda., a subsidiary of Bausch Health Companies Inc. BSE: The Securities and Exchange Board of India (SEBI) approved the appointment of Sundararaman Ramamurthy as the managing director & chief executive officer of BSE. NBCC: NBCC […]

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 63 points at the opening bell. Global markets: Overseas, Asian stocks are trading mixed on Tuesday despite an overnight fall in US stocks. US stocks settled sharply lower on Monday as investors sold off amid mounting concerns over supply chain disruptions amid Covid-related protests in China. […]