News Overview

Asian markets have opened on a mixed note

New Zealand retail sales volumes rose a seasonally adjusted 0.4 percent in the third quarter, data from Statistics New Zealand showed on Friday, putting sales 4.9 percent higher on the year. Retail sales rebounded from the downwardly revised 2.2 percent contraction in the previous period. Sales rebounded significantly for fuel stations (3.2 percent vs -1.9 percent in Q2), as lower prices and a reopened economy […]

The Indian rupee is expected to a see a higher opening on Friday tracking a weak dollar overseas after the minutes from the Federal Reserves November meeting supported the view that the central bank would downshift and raise rates in smaller steps from its December meeting. The dollar index, which measures the greenback against six major peers, was at 105.80, down 0.16% on the day. […]

Copper prices extended gains on Friday as dollar continued to stay weak on dovish remarks in the recent Fed minutes. Besides, the red metal took cheer from equities that stayed upbeat yesterday as US markets were closed for the Thanksgiving holiday on Thursday and will close early on Friday. Overseas, Asian markets were trading marginally lower on Friday amid concerns over rising Covid cases in […]

The cinema chain operator announced the opening of 12 screen superlex in city of Kerala at Lulu Mall, Thiruvananthapuram.

State Bank of India (SBI): A meeting of the Executive Committee of the Central Board of SBI is scheduled to be held on 29 November 2022 to seek approval for raising of Infrastructure Bonds up to an amount of Rs. 10,000 crore (including a green shoe option of Rs. 5,000 crores) through a public issue or private placement, during FY23. Punjab National Bank (PNB): PNB […]

Gold prices stay upbeat on Friday, tracking extended weakness in dollar after Fed sounded less hawkish on interest rate hikes. The minutes showed that several members of the central bank found it appropriate to slow its pace of interest rate hikes, in order to gauge the economic impact of a sharp rise in rates this year. Moreover, worsening data from economies across the globe and […]

Coal Ministry aims 45 MT stock with power plants by March, 2023.

The number of total active drilling rigs in the United States rose by 2 last week, according to new data from Baker Hughes published on Wednesday instead of Friday this week due to the Thanksgiving holiday. The total rig count increased to 784 last week?215 rigs higher than the rig count this time in 2021, and 291 rigs lower than the rig count at the […]

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 42 points at the opening bell. Global markets: Overseas, Asian markets were trading marginally lower on Friday amid concerns over rising Covid cases in China and inflation in Japan. Markets in the US were closed for the Thanksgiving holiday on Thursday and will close early on […]