News Overview

Gold continued to stay on the backfoot, down 0,11% at $1836.30 an ounce. However, dollar under pressure, hurt by Treasury yields wallowing near two-week lows amid rising concerns of a recession is restricting losses in the precious metal. The dollar index, which measures the currency against six key rivals, slipped to 103.89. Fed Chair Jerome Powell said in testimony to Congress that the central bank […]

FY22 CAD is at a three-year high

Copper prices extend losses to its lowest level since February 2021 as demand concerns escalate amid global central banks taking the tightening approach on policy rates. Dollar holding up is also not auguring well for the red metal that has fallen nearly 2% to $3.86 per pound, renewing 15-month lows. Besides, China stringent restrictions to achieve zero covid policy is further raising concerns for copper […]

The board of Bajaj Auto is scheduled to be held on Monday, 27 June 2022, to further deliberate on the proposal for buyback of fully paid-up equity shares of the company.

Gujarat Alkalies Chemicals has receives revision in credit ratings from CARE for bank facilities and commercial paper issue as under Long term bank facilities Rs 72398 crore – CARE AA; Stable Short term bank facilities Rs 45 crore – CARE A1 Commercial paper issue Rs 100 crore – CARE A1

According to the statistics, domestic carriers transported a combined 1.22 crore passengers in May 2022, bringing air traffic closer to its pre-pandemic level.

Six others booked too

Decline in crude oil prices a positive cue

Here are the stocks that have major news and can potentially move the markets today

Bharti Airtel International Netherlands BV a subsidiary of Bharti Airtel today announced that it has commenced a tender offer to purchase for cash up to US$300000000 of its 5350Percentage Guaranteed Senior Notes due 2024 The tender offer commenced on 21 June 2022 and will expire at 1159 pm New York City time on 19 July 2022