News Overview

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Here are some stocks that may show significant price movement today

The US stock market finished session firmly in positive territory on Tuesday, 15 November 2022, as appetite for risk assets encouraged on reinforcing hopes that the Federal Reserve would slow the pace of its interest rate increases after producer prices crept up by much less than expected in the month of October. The strength on Wall Street also came amid better than expected third quarter […]

The Indian rupee is likely to come under pressure in opening trades on Wednesday as risk sentiments took a toll following geo-political concerns. Asian equity markets fell on Wednesday as caution dominated sentiment following reports that Russian-made missiles crossed into Poland and killed two people. However, weakness in the dollar overseas on expectations that Federal Reserve will go softer on interest rates after data showed […]

Copper futures continued to incur losses for the third straight day following latest COVID outbreaks in largest importer China that could hamper demand for the commodity. Among the latest outbreaks in China, Guangzhous is the largest, with new daily infections of COVID-19 topping 5,000 for the first time and fuelling speculation that localised lockdowns could widen. Adding to concerns, copper inventories began to rise after […]

Producer prices in the U.S. crept up by much less than expected in the month of October, according to a report released by the Labor Department. Producer price index for final demand inched up by 0.2 percent in October. The report also showed the annual rate of producer price growth slowed to 8.0 percent in October from 8.4 percent in September. The modest monthly increase […]

Asian markets have opened on a mixed note

Gold prices stayed supported near three month highs in early Asia on Wednesday, tracking weakness in the dollar overseas on expectations that Federal Reserve will go softer on interest rates after data showed U.S. producer inflation hit a 14-month low in October. Meanwhile, investors sought renewed safe haven exposure after a missile of Russian make fell in the eastern part of Poland and killed two […]

Tata Consultancy Services (TCS): TCS has been selected as a strategic partner by TAP Air Portugal, the flag carrier airline of Portugal and a member of Star Alliance, to accelerate its digital transformation and drive innovation. Wipro: Wipro announced new retail solutions, built on the Microsoft Cloud and Cloud for Retail, and a new Retail Innovation Experience in Mountain View, California. This physical, virtual, and […]

The IT major will help TAP Air carrier create a strong IT foundation through a new airline digital center in Portugal.