Indian share markets have recovered over 22 per cent from March lows. BSE Sensex hit a 52 week low of 25,639 in the third month of the calendar year 2020. However, it is still 26 per cent off from its record high level touched in January. Sanjiv Bhasin, Director at IIFL Securities Ltd, advises investors …
India’s production of petroleum products rose 5.5% on year to 21.5 million tonne in September, according to data from the Petroleum Planning and Analysis Cell. During the first half of the current financial year, production increased by 3.8% to 136.3 million tonne from 131.4 million tonne in the first half of FY23. Of the total …
Syrma SGS Technology IPO opened for subscription last week on Friday and garnered a decent response on the very first day. On the secondary day of the subscription window, the issue has been subscribed a total of 0.85 times with retail investors leading the charge. The Rs 840-crore public issue is still open for subscription …
Qualcomm made some major announcements at this year’s Snapdragon Summit, including the launch of its new Oryon CPU and the Snapdragon 8 Gen 3 mobile platform. The Oryon CPU is Qualcomm’s first custom Arm CPU design, and it squarely targets Intel that has long dominated the desktop CPU market. The Snapdragon 8 Gen 3 mobile …
US stock index futures inched lower on Tuesday as investors assessed results from retailers Walmart and Home Depot, while signs of a slowing global economy continued to keep investors on edge. Walmart Inc rose 3.3% in trading before the bell as the world’s largest retailer forecast a smaller drop in full-year profit than previously projected. …
Mukesh Ambani-led Reliance Industries Ltd (RIL) will hold its 45th Annual General Meeting (AGM) virtually, on 29 August, 2022. The oil-to-telecom conglomerate informed stock exchanges that the meeting will take place at 2 PM through video conferencing. The company in a BSE filing also noted that it will send its annual report FY22, notice of …
Qurex, a health-tech platform, claims to be committed to addressing sexual dysfunctions in India. As per the start-up its central objective is to offer medical treatment and solutions to individuals grappling with sexual problems, focusing on three key principles namely authenticity, anonymity and awareness. The platform claims to offer two interactive and animated online courses …
Bank of Baroda share price rose marginally on Monday after the lender reported a massive 79.4 per cent on-year growth in standalone profit at Rs 2,168 crore for the quarter ended June 2022, despite fall in other income and pre-provision operating profit. Net interest income during the quarter under review grew by 12 per cent …
Stocks retreated in Asia on Tuesday after worries about Federal Reserve monetary tightening saddled US shares with their worst drop in two months while boosting bond yields and the dollar. Bourses in Japan, Australia and South Korea were in the red, while S&P 500 and Nasdaq 100 futures stabilized, eking out modest gains, after slumps …
US Stocks failed to hold onto gains, with a gloomy forecast from Nvidia Corp. weighing on technology shares and traders awaiting inflation data for clues on the pace of Federal Reserve rate hikes. The S&P 500 erased a rally that reached 1% earlier in the day, while the Nasdaq 100 underperformed after an advance that …