News Overview

Record date for dividend is 25 May 2022

The Indian Rupee eased further on sustained losses in stocks. The INR closed down 13 basis points at 77.75 per US dollar. The equity indices closed with major losses near the intraday low amid weak global cues. All the sectoral indices in the NSE ended in the red. The Nifty ended tad above 15,800. Trading was volatile due to expiry of weekly index options on […]

Record date is 15 July 2022

Growth in Philadelphia-area manufacturing activity showed a significant slowdown in the month of May, according to a report from the Federal Reserve Bank of Philadelphia. The Philly Fed said its current general activity index tumbled to 2.6 in May from 17.6 in April, hitting its lowest level in two years. The decrease by the headline index came as the number of employees index plunged to […]

Nifty Metal outperformed by 3.5%. Nifty Media, PSU Bank, Auto and oil & gas index jumped above 2% each.

Vedanta Ltd has lost 24.68% over last one month compared to 15.54% fall in S&P BSE Metal index and 6.09% drop in the SENSEX

Benchmark indices saw gap-up opening tracking positive Asian stocks. All the sectoral indices on the NSE were trading in the green with metal, auto and media stocks gaining the most. The Nifty regained the key 16,000 mark in early trade. At 9:23 IST, the barometer index, the S&P BSE Sensex, jumped 923.83 points or 1.75% at 53,716.06. The Nifty 50 index gained 313.25 points or […]

First-time claims for U.S. unemployment benefits unexpectedly increased in the week ended May 14th, according to a report released by the Labor Department. The report showed initial jobless claims rose to 218,000, an increase of 21,000 from the previous weeks revised level of 197,000. With the unexpected increase, jobless claims reached their highest level since hitting 222,000 in the week ended January 22nd. Meanwhile, the […]

On 27 May 2022

Godrej Consumer Products (GCPL) tumbled 4.15% to Rs 795.30 after the company reported a consolidated net profit of Rs 363.24 crore in Q4 FY22, which is lower by 0.7% as compared with Rs 365.84 crore recorded in Q4 FY21.