📰 Latest Economy & Stock Market News
Bitcoin, Solana, Polkadot zoom up to 10%
Updated at : 2022-01-13 10:40:01

The cryptocurrency market extended its gains to Thursday, with Bitcoin leading the way and most of the altcoins following suit, boosted by US inflation data. Barring the dollar pegged USD coin, all other nine out of top-10 digital tokens were trading higher at 8.30 am IST. Terra and Cardano zoomed 10 per cent each, followed by a 6 per cent rise in Solana.

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Gold rate today: Yellow metal trades flat, silver marching towards Rs 62,000
Updated at : 2022-01-13 10:35:01

In the spot market, the highest purity gold was sold at Rs 47,943 per 10 grams. Silver was priced at Rs 60,831 per kg on Wednesday, according to the Indian Bullion and Jewellers Association.

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What foreign brokerages said on TCS, Infosys and 4 other stocks
Updated at : 2022-01-13 10:30:01

In the case of Infosys, CLSA said the third quarter results highlighted the demand momentum and efficient cost management.

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Buy Ajanta Pharma, target price Rs 2500: ICICI Direct
Updated at : 2022-01-13 10:25:01

Ajanta Pharma Ltd., incorporated in the year 1979, is a Mid Cap company (having a market cap of Rs 19942.17 Crore) operating in Pharmaceuticals sector.

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TCS gains as Q3 profit jumps 12% on robust revenue growth
Updated at : 2022-01-13 10:20:01

TCS announced a third interim dividend of Rs 7 per share. The record date for the dividend is January 20, and it will be credited by February 7.

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Oil struggles to hold gains amid mixed demand view
Updated at : 2022-01-13 09:25:01

Oil prices slipped on Thursday, trimming big gains from the previous two sessions, amid uncertainty over near-term demand as cases of the highly contagious Omicron variant of the coronavirus surge around the globe.

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Buy United Spirits, target price Rs 965: IIFL
Updated at : 2022-01-13 09:20:01

United Spirits Ltd., incorporated in the year 1999, is a Large Cap company (having a market cap of Rs 66465.64 Crore) operating in Beverages - Alcoholic sector.

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State-run lenders ask private peers to raise bad bank stake
Updated at : 2022-01-13 08:35:01

Last year in September, the union cabinet had given its approval for guarantees of Rs 30,600 crore to back security receipts issued by NARCL for acquiring stressed loan assets from banks.

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Tax sops likely for InvITs to woo FII and retail investors
Updated at : 2022-01-13 08:30:01

InvITs are special trusts created to facilitate participation of individual and institutional investors in infrastructure projects. In return, investors can earn a small portion of the income.

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Dollar breaks key support, rates outlook seen unchanged by inflation data
Updated at : 2022-01-13 08:25:01

The dollar was below key support levels on Thursday, having hit new lows overnight, after data showing U.S. consumer prices rose at their fastest rate in nearly 40 years was not deemed worrying enough to change an already hawkish rates outlook.

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