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The Indian rupee depreciated 18 paise to close at 81.85 (provisional) against the US dollar on Wednesday on dollar demand from importers and recovery in crude oil prices. Besides, sustained foreign fund outflows and concerns over rising COVID-19 cases in China also weighed on investor sentiments. At the interbank foreign exchange market, the local unit opened at 81.81 and later witnessed an intraday high of […]

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Copper stayed near the flat line as dollar extended pullback ahead of the Fed minutes and on expectations that the Federal Reserve will hike interest rates at a slower pace in the near-term. The U.S. dollar index, which measures the currency against a basket of six counterparts, was broadly flat at 107.1. Meanwhile, copper tracked Asian stocks that ended mostly higher on Wednesday. However, lingering […]

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The headline equity indices ended with small gains on Wednesday. The Nifty settled above the 18,250 mark after briefly hitting the days high of 18,325.40 in late trade. Gains were restricted amid ongoing pandemic situation in China. Traders braced for Feds November meeting due to be released today. The barometer index, the S&P BSE Sensex, rose 91.62 points or 0.15% to 61,510.58. The Nifty 50 […]

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For captive consumption of renewable energy

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Hong Kong share market finished session modestly higher on Wednesday, 23 November 2022, as investors chased for bottom fishing after five days of straight decline. At closing bell, the benchmark Hang Seng Index added 99.40 points, or 0.57%, to 17,523.81. The Hang Seng China Enterprises Index rose 43.89 points, or 0.74%, to 5,945.11. The benchmark slipped 5% over the past five days. Overall trading activity […]

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Reliance Industries (RIL), Adani Enterprises and HDFC Bank were the top traded contracts.

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UK private sector firms signalled another reduction in business activity during November, which stretched the current period of decline to four months. New orders meanwhile decreased at the fastest pace for almost two years as squeezed client budgets continued to hit demand in both the manufacturing and service sectors. On a more positive note, business expectations for the year ahead rebounded from the 30-month low […]

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Nifty Media index closed up 1.14% at 2030.95 today. The index is down 2.00% over last one month. Among the constituents, Dish TV India Ltd gained 3.48%, PVR Ltd rose 1.95% and Nazara Technologies Ltd added 1.65%. The Nifty Media index is down 9.00% over last one year compared to the 4.36% surge in benchmark Nifty 50 index. In other indices, Nifty PSU Bank index […]

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