News Overview

The US stock market finished session steep lower on Wednesday, 09 November 2022, as investors digested the results of tighter than expected midterm elections and looked ahead to a closely watched consumer price inflation update due on Thursday, which could have a significant impact on the outlook for interest rates. At the close of trade, the Dow Jones Industrial Average index declined 646.89 points, or […]

Sales rise 1051.76% to Rs 117.94 crore

Wholesale inventories in the U.S. increased by less than expected in the month of September, according to a report released by the Commerce Department. Wholesale inventories rose by 0.6 percent in September after surging by an upwardly revised 1.4 percent in August. The report showed wholesale sales rose by 0.4 percent in September after coming in unchanged in August. With inventories and sales both increasing, […]

The US Energy Information Administration reported a crude oil inventory build of 3.9 million barrels for the week to November 4. This compared with a draw of 3.1 million barrels for the previous week, which followed a weekly build of 2.6 million barrels, as estimated by the EIA. In gasoline, the EIA estimated an inventory decline of 900,000 barrels, with production averaging 9.8 million barrels […]

Sales rise 6.48% to Rs 5300.22 crore

With effect from 21 November 2022

As per market participants, Republicans have a good probability of taking control of the House and the Senate.

Other Asian markets have started the day in red

Brent crude futures were down 34 cents, or 0.4%, to $92.31 a barrel. West Texas Intermediate (WTI) crude for the United States traded at $85.52 per barrel, down 31 cents.

NFO period extended till 11 November 2022