News Overview

The preliminary data from University of Michigan showed the US consumer sentiment index plunged to 50.2 in June from 58.4 in May. The report showed the index of consumer expectations dove to 46.8 in June from 55.2 in May, while the current economic conditions index slumped to 55.4 from 63.3. On the inflation front, one-year inflation expectations ticked up to 5.4 percent in June from […]

The US stock market finished session significantly lower on Friday, 10 June 2022, after much hotter than expected inflation data for May rekindled worries that the Federal Reserve would hike rates even more aggressively to combat inflation. Investors have worried that rising inflation could have an impact on the outlook for monetary policy ahead of the Federal Reserves decision on interest rates next Wednesday. Traders […]

The 30-day lock-in period for anchor investors ends on Monday

The domestic equity barometers slumped in early trade amid a sharp sell-off in index pivotals. The Nifty traded tad above the 15,800 level. Shares across sectors declined with banks, financials, and metal stocks falling the most. At 09:24 IST, the barometer index, the S&P BSE Sensex, was down 1367.73 points or 2.52% to 52,935.71. The Nifty 50 index fell 392.25 points or 2.42% at 15,809.55. […]

the company has acquired 100% stake in Jannat Fabrics and Apparels Private Limited.

Out of the 23 employees who have been receiving medical attention, 17 are out of danger.

R Subramaniakumar is a veteran Banker with 40 years of experience.

Watch out for these 10 stocks in today's session

Consumer prices in the U.S. shot up by more than expected in the month of May, according to a report released by the Labor Department. Consumer price index jumped by 1.0 percent in May after rising by 0.3 percent in April. With the bigger than expected monthly increase, the annual rate of consumer price growth accelerated to 8.6 percent in May from 8.3 percent in […]

Vikas Lifecare is now eyeing Rs2,000 million Annual Sales for Agro Business on a stand-alone basis.