May 13, 2021 07:46 AM IST
Spot gold was up 0.2% at $1,819.71 per ounce by 0116 GMT.
- May 13, 2021 07:46 AM IST
A 0.8% jump in the U.S. consumer price index - outpacing a 0.2% forecast - boosted the U.S. dollar as expectations of rising real interest rates burnished the currency's appeal.
- May 13, 2021 07:46 AM IST
"Higher inflation is a definite negative for equities, given the likely rates response," said Deutsche Bank macro strategist Alan Ruskin.
- May 13, 2021 07:42 AM IST
Brent crude was down 32 cents, or 0.5%, at $69.00 a barrel by 0145 GMT, after gaining more than 1% on Wednesday. West Texas Intermediate (WTI) was down 31 cents, or 0.5%, to $65.77 a barrel, havingrisen 1.2% in the previous session.
- May 12, 2021 11:16 PM IST
The Labor Department's data showed U.S. consumer prices increased by the most in nearly 12 years in April as booming demand amid a reopening economy pushed against supply constraints. In the 12 months through April, the CPI shot up 4.2%, from a low base last year.
- May 12, 2021 09:56 PM IST
Moneycontrol has spoken to legal experts and market observers to obtain their views on the discussion paper. Most are of the opinion that the regulator’s proposals would have a favourable impact on the Indian equity market.
- May 12, 2021 06:01 PM IST
The agrochemical company's board has recommended a dividend of Rs 10 per equity share.
- May 12, 2021 05:25 PM IST
The Sensex as well as the Nifty extended losses due to concerns over hike in global interest rates and bond yield due to rising commodity prices and inflationary pressures, experts say.
- May 12, 2021 05:02 PM IST
Intraday traders should short below 14,650 and look for a modest target of 14,570 by placing a stop above the intraday high, Mazhar Mohammad of Chartviewindia has said.
- May 12, 2021 04:42 PM IST
The benchmark indices ended in the red for the second day on May 12, closing a percent lower on weak global cues.
- May 12, 2021 04:20 PM IST
The Nifty PSU bank index rose over 3 percent, while the Nifty bank, metal and energy indices fell 1-3 percent. BSE Midcap and Smallcap indices slipped 0.6-0.9 percent.
- May 12, 2021 04:02 PM IST
BJP National Spokesperson Sambit Patra said Bharat Biotech and Panacea Biotech are equipped with Biosafety level 3, or BSL-3, which is needed to safely handle the deal virus used to produce the vaccine
- May 12, 2021 03:57 PM IST
The board of directors has recommended a final dividend of Rs 14.50 per equity share, taking the total dividend to Rs 17.85 for FY21.
- May 12, 2021 03:31 PM IST
Zydus Animal Healthcare is the animal health business of Zydus Animal Health and Investments focused on India and certain other countries.
- May 12, 2021 03:25 PM IST
In today’s edition of Moneycontrol Pro Panorama: Fed sticks to its guns, the commodity sparkle, lockdowns and GDP, Gillette India’s dream run and more
- May 12, 2021 02:48 PM IST
The changes, which 'will be implemented as of the close of May 27, 2021', are part of the semi-annual index review.
- May 12, 2021 02:22 PM IST
In the last quarter, DII holding went up in 322 companies listed on NSE, and the average stock price of these companies in the same period increased by 10.83 percent.
- May 12, 2021 02:20 PM IST
There may not be a huge outflow of FII money since the situation in Taiwan is much better than in other emerging economies like Brazil and India, say experts.
- May 12, 2021 01:37 PM IST
With demand drying up, most growers are saddled with carry-over stocks. The next cardamom harvest that begins in two months will bring a bumper crop, adding to the glut. However, the export market is providing some relief to the industry.
- May 12, 2021 01:25 PM IST
The benchmark stock index, which at one point fell more than 8%, closed down 4.1%, its biggest percentage fall since March 2020.
- May 12, 2021 01:22 PM IST
The company also reported a net loss of Rs 165.13 crore in the year ended March 2021 against a net profit of Rs 158.51 crore in the previous year.
- May 12, 2021 12:19 PM IST
Prices from corn to copper are rallying as economies reopen, but sceptics think it will be transient
- May 12, 2021 11:52 AM IST
Asian markets are trading at two-month lows as the commodity price surge fuels inflation fears and an earlier than expected hike in US rates
- May 12, 2021 11:43 AM IST
Key things to watch out for would be FY22 guidance, debt reduction and the capex plan.
- May 12, 2021 11:08 AM IST
Considering a strong run in commodity prices and an improving global situation, the Nifty is unlikely to see any major downgrades in the near term, says Chadawar.