News Overview

Tata Steel Long Products (TSLP) said that it acquired 4,68,75,000 equity shares of Neelanchal Ispat Nigam (NINL), aggregating to Rs 300 crore, being Tranche 2 of the investment in the equity shares of NINL.

The key equity barometers traded near the flat line, with some positive bias in the mid-afternoon trade. The Nifty traded below the 18,500 level. Media, auto and realty shares advanced while financial services, FMCG and bank stocks declined. At 14:30 IST, the barometer index, the S&P BSE Sensex, was up 6.06 points or 0.01% to 62,278.74. The Nifty 50 index added 15.10 points or 0.08% […]

Germanys economy expanded more than initially estimated in the third quarter, despite weaker global growth, delivery bottlenecks and rising inflation, official data showed on Friday. Gross domestic product grew 0.4 percent sequentially in the third quarter, faster than the 0.1 percent rise in the second quarter. The rate was revised up from 0.3 percent estimated on October 28. On an unadjusted basis, economic growth slowed […]

On 30 November 2022

Happiest Minds was granted permission to set up a software development centre at Fortune Towers in Bhubaneswar.

Sanofi India Ltd recorded volume of 1.31 lakh shares by 14:14 IST on NSE, a 8.89 times surge over two-week average daily volume of 14680 shares

After deliberations, the Board considered and approved the proposal for fundraising through the issue of Non-Convertible Debentures.

Australia stock market finished session with a fourth straight day of gains on Friday, 25 November 2022, as buying spur by hopes the Federal Reserve will tone down its monetary tightening campaign. However, market gains capped amid fears about the spike in Covid cases in China. At closing bell, the benchmark S&P/ASX200 index was up 17.73 points, or 0.24%, to 7,259.48. The broader All Ordinaries […]

The German economy expanded 0.4% quarter-on-quarter in Q3 2022, slightly better than a 0.3% rise in the first estimate and following a 0.1% growth in Q2. The GDP increased, as had been the case in the first two quarters (+0.8% and +0.1%, respectively), despite difficult general conditions in the global economy such as the continuing Covid-19 pandemic, delivery bottlenecks, continuing price rises and the war […]

The US dollar index eased after recent gains as thin holiday trades capped major advances. The dollar index has slipped near one week low of 105.70 mark amid broadly supportive risk undertone and lack of major economic releases this week. Dollar index had hit one week high of 108 before correcting.Powered by Commodity Insights