Gold prices on Thursday held near a one-week high hit in the previous session, as the U.S. dollar and Treasury yields retreated after inflation data came in line with expectations and reiterated the need for a quicker interest rate hike. Spot gold was flat at $1,824.55 per ounce by 0109 GMT. U.S. gold futures were down 0.2% to $1,824.00.
The fee collected by bankers through share sale proceeds was more than three times at Rs 776.7 crore compared with 2020.
Infosys grew 7% in dollar terms over the previous quarter and TCS 4.5%—both beating analyst estimates. Wipro grew 3%, a tad lower than street expectations.
CDSL Ventures is a wholly-owned subsidiary of depository CDSL. The recognition to CDSL Ventures has been granted for a period of three years with effect from February 1, 2022, the Securities and Exchange Board of India (Sebi) said in statement.
The BSE benchmark extended its winning momentum for the fourth straight session on Wednesday and jumped 533.15 points or 0.88 per cent to settle at 61,150.04.
In another transaction, Geojit BNP Paribas Financial Services bought and sold 1 lakh shares of Mangalam Drugs And Organics.
Market expectations for Fed tightening expected in March and 2022 as a whole were largely unchanged after the report
The Dow Jones Industrial Average rose 84.14 points, or 0.23 per cent, at the open to 36,336.16.
The movement in ADR shares is a good indicator of how the stock will behave in Indian markets on Thursday when trading resumes
Thursday is likely to see the levels of 18,290 and 18,335 acting as important resistance levels. Supports may come in at 18,150 and 18,050
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