Oil prices slipped in early Asian trade on Wednesday after falling by more than $1 a barrel in the previous session as industry data pointed to a much bigger-than-expected surge in U.S. crude inventories. Brent crude futures lost 20 cents to $85.38 per barrel by 0111 GMT, while U.S. West Texas Intermediate (WTI) crude futures […]
SGX Nifty hinted that the domestic equity indices could see a start in the red, snapping the gaining streak of the domestic indices. On the Singapore Exchange, Nifty futures were trading lower by 69 points, at the 17,093 level. On Friday, markets extended their winning streak for a second day as Nifty reclaimed the 17,100 […]
By Nagaraj Shetti After showing consistent up moves in the last six sessions, Nifty shifted into a minor profit-booking mode on Wednesday and closed the day lower by 57 points. A small negative candle was formed on the daily chart with a minor lower shadow. Technically, this pattern indicates a short-term reversal in the market […]
Oil prices were largely unchanged in early Asian trade on Thursday as traders weighed optimism over China’s demand outlook against the possibility of further interest rate hikes from global central banks. Brent crude futures were up 1 cent at $82.71 per barrel at 0121 GMT while U.S. crude futures fell 4 cents to $77.24.The market […]
Adani Green Energy (AGEL) on Monday said it has signed a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) to supply 1,799 MW of solar power.With the signing of this balance PPA, AGEL has completed the power offtake tie-up for the entire 8,000 MW manufacturing-linked solar tender awarded to it by […]
Construction major Larsen & Toubro and Canadian pension fund manager Canada Pension Plan Investment Board (CPP) have sold their 100% stake in L&T IDPL, infra asset ownership entity, for `6,000 crore EV. `2,720 crore is the gross equity receipts with L&T’s 51% share implying `1,390 crore receipt. Buoyant equity markets is helping L&T with its […]
NESTle declared an in-line set of results; however, the tonnage dip in Q4CY22compared to preceding quarters indicate that the high inflation is likely to curb volume growth in the near-term. The company is planning a capex of Rs 5,000 crore over the next three years, which is expected to boost volume growth, especially in prepared […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: After falling for eight consecutive sessions, domestic indices reversed the downtrend and ended the first session of March broadly in the green territory. The NSE Nifty 50 surged 146.95 pts or 0.85% to 17,450.90 and BSE Sensex settled 448.96 pts or 0.76% higher at 59,411.08. […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading higher on Friday amid positive global cues for the metal, while the silver rate is up 1.24%. On Multi Commodity Exchange, gold April futures were trading at Rs 58,239 per 10 grams, up Rs 233 or 0.40%. Silver May futures were trading […]
Apple CEO Tim Cook is on a visit to India, for a much-hyped launch of Apple’s first two stores in the country. This is not the first time that a non-founder is leading the iconic computer company Apple as CEO; however, Tim Cook has been the longest serving CEO after Steve Jobs. Both Tim Cook […]
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