News Overview

Adani Enterprises on Friday (25 November 2022) announced that its board has approved fund raising by way of further public offering (FPO) through fresh issue of equity shares, aggregating up to Rs 20,000 crore.

The LME Copper inventories dropped sharply on Thursday to its lowest level in a week. The inventories fell 1375 tonnes to 90,150 tonnes. The inventory stood at an eight month low of 77875 tonnes on 11 November 2022. Powered by Commodity Insights

Mainland China shares were mixed for second straight day on Friday, 25 November 2022, with the Shanghai Composite Index closing up 0.4%, while the Shenzhen Composite Index declined 0.7%, as risk sentiments remained subdued amid concerns over worsening COVID-19 conditions in China even though the countrys latest measures to support the beleaguered property sector. At close of trade, the benchmark Shanghai Composite Index was up […]

Easy Trip Planners Ltd, Kirloskar Ferrous Industries Ltd, Mazagon Dock Shipbuilders Ltd and Cochin Shipyard Ltd are among the other losers in the BSEs A group today, 25 November 2022.

Comprehensive FTA to create numerous jobs and raise living standards in both countries.

Indbank Merchant Banking Services Ltd, Avro India Ltd, Welspun Investments & Commercials Ltd and Ugro Capital Ltd are among the other losers in the BSEs B group today, 25 November 2022.

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.

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 […]

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% […]

On 30 November 2022