Gold futures fell further on Monday, down nearly 1% at $1859.55 an ounce after hovering near $1880 levels since weekend, triggered by a sell-off in equity markets that boosted the demand for the safe-haven commodity. However, the yellow metal lost sheen tracking broad gains in the US dollar that was pushed higher by rising treasury yields after hotter than expected inflation data showing the biggest […]
Japan share market finished session significantly lower on Monday, 13 June 2022, as risk aversion selloff triggered across the board on tracking negative lead from Wall Street last Friday, amid reignited worries about more aggressive Federal Reserve policy tightening after red-hot U.S. inflation data. Investors have worried that rising inflation could have an impact on the outlook for monetary policy ahead of the Federal Reserves […]
Sales rise 35.36% to Rs 364.59 crore
The domestic equity benchmarks crashed on Monday, tracking dismal global cues. Selling was wide spread with IT, metals and banks falling the most. Investors dumped risky assets on worries that higher-than-expected inflation in the US could trigger aggressive interest rate hikes by the US central bank. On Friday, US government data showed inflation reached 8.6% in the 12 months ended in May, the steepest rise […]
Nifty IT index ended down 4.12% at 27914.6 today. The index is down 6.00% over last one month. Among the constituents, Mindtree Ltd slipped 5.89%, L&T Technology Services Ltd shed 5.75% and Mphasis Ltd dropped 5.69%. The Nifty IT index is down 1.00% over last one year compared to the 0.16% decline in benchmark Nifty 50 index. In other indices, Nifty Media index is down […]

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