News Overview

On the sectoral front, Nifty Auto (+0.52%), FMCG (+0.65%), and Oil & Gas (+0.66%) topped the chart with about a 1% jump.

Auto, FMCG generated highest returns among all the sectors in May 2022

Gold futures fell further below $1840 mark on Wednesday as dollar remained firm tracking higher treasury yields. COMEX gold fell to a low of $1835 levels and is currently quoting at $1839.20 per pound. Meanwhile, the dollar index, which measures the greenback against a basket of currencies is quoting at 101.90 after spiking above 102 mark overnight. Dollar tracked benchmark treasury yields that were hovering […]

Other Asian markets have started the day in green

eMudhra: The stock will make market debut today. The initial public offer (IPO) of eMudhra was subscribed 2.72 times. The issue opened for bidding on 20 May 2022 and it closed on 24 May 2022. The company priced the issue at the top end of the Rs 243-256 per share IPO price band. Bharat Dynamics (BDL): The state-run company has signed a contract worth Rs […]

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 30.50 points at the opening bell. Economy: Indias GDP growth in Q4 FY22 was at 4.1% year-on-year, compared to a revised growth of 5.4% for Q3 FY22. Gross Value Added (GVA), which excludes the impact of subsidies and indirect taxes, grew 3.9% year-on-year in the fourth […]

Munjal Showa announced that the 37th Annual General Meeting AGM of the company will be held on 12 August 2022

Wipro announced that it has selected RISE with SAP S4HANA private edition as the next step to drive innovation across its business operations The selection of the RISE with SAP solution underscores Wipros commitment to digital transformation under the companys ambitious growth agenda The move will simplify Wipros processes and consolidate them into a unified platform The platforms scalability stability and enhanced automation will enable […]

Permanent Magnets announced that the Board of Directors of the Company at its meeting held on 30 May 2022 inter alia have recommended the final dividend of Rs 12 per equity Share ie 12Percentage subject to the approval of the shareholders

Indian Hume Pipe Company announced that the 96th Annual General Meeting AGM of the company will be held on 28 July 2022