News Overview

Sales decline 11.88% to Rs 21.95 crore

Sales rise 3.48% to Rs 1210.20 crore

Reported sales nil

Hong Kong share market finished session firmly in positive territory on Thursday, 24 November 2022, registering second day of winning streak, as risk sentiment remained upbeat on following the broadly positive cues from Wall Street overnight, amid hopes for a slower pace of interest rate hikes by the U.S. Federal Reserve. Also supported sentiment was Beijing rolled out a series of policies to support the […]

UK industrial orders remained weak in November, while production expanded for the first time since July driven by improvements in supply chains, the Industrial Trends Survey from the Confederation of British Industry showed. A balance of -5 percent said total orders declined in November compared to -4 percent in October. Export orders also remained below normal but the balance rose to -7 percent from -14 […]

Mainland China share market finished session in the mixed fashion on Thursday, 24 November 2022, as concerns over worsening COVID-19 outbreaks overshadowed optimism from fresh economic stimulus. At close of trade, the benchmark Shanghai Composite Index was down 0.25%, or 7.60 points, to 3,089.31. The Shenzhen Composite Index, which tracks stocks on Chinas second exchange, was up 0.13%, or 2.63 points, to 1,998.15. The blue-chip […]

NSE India VIX dropped 4.02% as shares advanced.

At meeting held on 24 November 2022

Gold stayed propped up on Thursday tracking weakness in dollar after Fed minutes showed most policymakers at the central bank agreed it would soon be appropriate to slow the pace of interest rate hikes US benchmark treasury yields dropped below 3.7% and dollar index that tracks the greenback against a basket of currencies is down 0.17% at 105.79. COMEX gold is currently quoting higher by […]

IOL Chemicals & Pharmaceuticals has received patent from Controller of Patent, Indian Patent Office, Government of India for invention titled An improved safe process for the preparation of Sartan drugs of Formula I. Valsartan, Losartan, Irbesartan, Olmesartan, Candesartan and other Sartan drugs are a class of medicines known as angiotensin II receptor blocker (ARBs) used to treat high blood pressure and heart failure. Powered by […]