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The global crypto market cap was up by almost 3 per cent to $2.01 trillion mark compared to the last day. However, the total crypto market volume dropped over 13 per cent to $88.53 billion.

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Ravi Singh, Vice President and Head of Research, ShareIndia expects gold prices to remain volatile ahead of the US inflation data. "The expectation of an early rate hike may keep a check on the gold rally," he added.

Buy Ceat, target price Rs 1270: Centrum Broking

Updated at : 2022-01-12 10:25:02

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Ceat Ltd., incorporated in the year 1958, is a Mid Cap company (having a market cap of Rs 4667.74 Crore) operating in Tyres sector.

"So we think that the company will survive, and the government is also trying its best to see that it does not default."

Wall Street muted at open ahead of Powell testimony

Updated at : 2022-01-12 09:35:02

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The Dow Jones Industrial Average fell 10.02 points, or 0.03 per cent, at the open to 36,058.85.

Third wave curbs upset discretionary cart at stores

Updated at : 2022-01-12 09:35:02

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Retailers selling discretionary products said their businesses have declined up to 60% in the last two weeks and there is an uncertainty about how sales will pan out this month and even the next as the third wave has prompted several states to impose restrictions including night curfews and weekend curfews.

Oil tests pre-Omicron highs on economic growth hopes

Updated at : 2022-01-12 09:35:02

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Oil prices climbed on Wednesday, extending big gains in the previous session after the U.S. Federal Reserve chief signalled the central bank may raise rates more slowly than expected, which should support oil demand in the near term.

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Stocks and commodities rose in relief and the dollar hit a six-week low on Wednesday, after Federal Reserve Chair Jerome Powell sounded less hawkish than expected in testimony to Congress, as he charts a path out of pandemic policy settings.

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Granules India Ltd., incorporated in the year 1991, is a Mid Cap company (having a market cap of Rs 8328.03 Crore) operating in Pharmaceuticals sector.

SJVN bags 125 MW solar projects in UP

Updated at : 2022-01-12 08:20:04

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SJVN has bagged the projects through tariff-based competitive bidding process conducted by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA), a company statement said. It has been issued Letter of Intent (LoI) by UPNEDA for developing a 75 MW grid connected solar power project at Gurhah, in Jalaun district, and 50 MW grid-connected solar power project at Gujrai, in Kanpur Dehat district.

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