News Overview

European stock markets were higher on Tuesday, 29 November 2022, as risk sentiments boosted up on better than expected Spanish and German inflation numbers along with the China lifted of the ban on equity refinancing for listed property firms, and speculation that Chinas nationwide demonstrations may hasten a shift away from Covid Zero policies. At 12:10 GMT, the pan European Stoxx 600 index added 0.2% […]

Of Rs.1.60 per share

The Singapore stock market finished session higher on Tuesday, 29 November 2022, snapping three days losing streak, as investors risk sentiments strengthened on tracking rally on Mainland China market after the Beijing lifted the ban on equity refinancing for listed property firms to help reverse a slump in the industry. At closing bell, the Straits Times Index (STI) index was up 36.30 points or 1.12% […]

At 81.8050 per Dollar

Gold prices scaled up to highest level in more than a week on Tuesday on the back of weak dollar overseas. Dollar weakened amid news that China reported on Monday its first drop in the number of daily infections in more than a week. China said it would bolster vaccination among its senior citizens, a move regarded by health experts as crucial to reopening an […]

Copper soared today, rising in tune with the equities. The red metal had tested a three week low in last session amid weak US equities but marked a good bounce today. The counter currently trades at $3.66 per pound, up 1.37% on the day. Asian stocks bounced back from recent losses, with Chinese bourses leading gains after Beijing rolled out more stimulus measures. Chinas Shanghai […]

The offer received bids for 4.78 crore shares as against 80.12 lakh shares on offer.

The equity benchmarks ended with decent gains on Tuesday, rising for the sixth trading session. The buying was supported by positive global cues and falling crude oil prices. FMCG, consumer durables and metal shares were in demand. Autos, PSU banks and realty shares were under pressure. The barometer index, the S&P BSE Sensex, added 177.04 points or 0.28% to 62,681.84. The Nifty 50 index gained […]

The Indian rupee gave up initial gains to settle lower by 3 paise at 81.71 (provisional) against the US dollar on Tuesday. Rising crude oil prices in the international market weighed on forex market sentiment. However, a firm trend in domestic equities and a weak American currency overseas capped the losses in the local unit. At the interbank foreign exchange market, the local unit opened […]

UK mortgage approvals declined to a 28-month low in October as rising interest rates started to hurt housing market activity, official data revealed. Approvals for house purchases, an indicator of future borrowing, declined more-than-expected to 58,977 in October from 65,967 in September, the Bank of England data showed. Secured lending decreased to GBP 3.96 billion in October from GBP 5.87 billion in the previous month. […]