πŸ“° Latest Economy & Stock Market News
GAIL, BPCL, HPCL bids for city gas licences raise eyebrows
Updated at : 2022-01-06 08:35:01

BPCL is competing for licences with its related entities in 15 areas while Gail Gas is in a contest in 11 and HPCL in three.

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Oil falls from one-month high on OPEC+ supply plans, US fuel inventory surge
Updated at : 2022-01-06 08:30:01

Oil prices lost ground on Thursday, easing from their highest levels in more than a month as OPEC+ producers stuck to a plan to boost production and U.S. fuel stockpiles surged amid declining demand. The global benchmark Brent crude futures fell 87 cents, or 1.08%, to $79.93 a barrel, as of 0154 GMT. U.S. West Texas Intermediate (WTI) crude futures lost 62 cents, or 0.8%, to $77.23 a barrel.

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Nasdaq posts biggest daily drop since Feb after 'hawkish' Fed minutes
Updated at : 2022-01-06 08:25:01

The S&P 500 and Nasdaq quickly extended their declines after the release of the minutes, which investors viewed as more hawkish than they had feared. The Dow, which hit a record high earlier in the day, reversed course and ended down more than 1%.

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Stocks in the news: GAIL, Vedanta, NHPC, RBL Bank and Spandana Sphoorty
Updated at : 2022-01-06 08:20:01

Anand Rathi Wealth will announce its results for the period ended on December 31, 2021 and declare interim dividend for the financial year 2021-22.

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NSE-BSE bulk deal: Axis Bank sells 38L Orient Green Powershares; IDBI Trustee dumps GTL Infra
Updated at : 2022-01-05 22:25:01

IDBI Trusteeship Services sold 17,16,000 shares of GTL Limited at Rs 23.84 per share

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Stan Lee's Indian Superhero ChakraÒ€ℒs NFT drop sells out under a minute
Updated at : 2022-01-05 22:20:01

Auction of 12,265 digital collectibles attracted fans from 14 countries with over 3.14 million visits from global buyers around the world.

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Wall Street opens lower on tech drag; Fed minutes eyed
Updated at : 2022-01-05 21:25:01

The Dow Jones Industrial Average fell 77.05 points, or 0.21 per cent, at the open to 36,722.60.

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Sebi begins hiring drive ahead of LIC IPO, to recruit 120 execs in 4 months
Updated at : 2022-01-05 21:20:01

The regulator will be recruiting experienced officials across legal, information technology, research, general and official language departments

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Trade setup: Indices may take a breather; Nifty to trade in 17,800-18,000 range
Updated at : 2022-01-05 20:20:01

Nifty is likely to see resistance at 18,000 on the upside, thus leaving its up move capped for Thursday

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Rupee gains as dollar index weakens; investors eye Fed minutes, US jobs data
Updated at : 2022-01-05 18:30:01

The partially convertible rupee settled at 74.35/$1 as against 74.55/$1 at the previous close. The Indian currency, which had opened at 74.5450/$1, travelled in a band of 74.30-74.55/$1 during the course of the day.

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