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Market Speaks: Central bank buying boosts gold says OPEC

Mumbai, Feb. 13 -- OPEC revealed in its monthly report noted a 1.8% rise in the precious metals index for January, marking a recovery after two months of declines. Gold prices increased by 2.3% due to... Read More


Shriram Finance raises offshore funding under SACE Push loan facility

Mumbai, Feb. 13 -- Shriram Finance (SFL) has successfully availed a landmark External Commercial Borrowing (ECB) SACE Push loan facility. This transaction represents the largest SACE, an Italian expor... Read More


Market Speaks: Base metals see slight recovery, mixed trends persist- OPEC

Mumbai, Feb. 13 -- OPEC's latest report revealed a modest 0.4% recovery in the base metal index for January, following two months of decline. This rebound was driven by global industrial activity impr... Read More


Market Speaks: OPEC reports commodity price surge in January; energy index up 7.2%

Mumbai, Feb. 13 -- OPEC's monthly update highlighted a robust recovery in commodity prices during January, driven by improved sentiment in futures markets and uncertainties around US trade policy. The... Read More


Man Industries surges after strong Q3 performance

Mumbai, Feb. 13 -- EBITDA improved by 6.6% to Rs 84.3 crore in Q3 FY25 from Rs 79.1 crore in Q3 FY24. EBITDA margin was 11.4% in Q3 FY25 as against 9.3% in Q3 FY24. The company stated that it has bag... Read More


Oil prices slide; OPEC keeps 2025 demand growth unchanged

Mumbai, Feb. 13 -- Crude oil futures fell below $71 per barrel on Thursday as MCX crude oil futures for February tracked the decline, slipping below Rs.6200 per barrel. Investor sentiment soured after... Read More


Sensex, Nifty trade with modest gains; European mrkt advance

Mumbai, Feb. 13 -- The key domestic indices traded with decent gains in the afternoon trade as inflation eased to a five-month low, according to data released by the government. The Nifty traded above... Read More


Economic Buzz: UK manufacturing output rises 0.7% in december 2024

Mumbai, Feb. 13 -- Manufacturing production in the UK grew by 0.7% month-over-month in December 2024, rebounding from a 0.3% decline in November. Key gains came from pharmaceuticals (5.1%), machinery ... Read More


Hindustan Petroleum Corporation Ltd down for fifth straight session

Mumbai, Feb. 13 -- Hindustan Petroleum Corporation Ltd is down for a fifth straight session today. The stock is quoting at Rs 322.3, down 0.51% on the day as on 13:19 IST on the NSE. The benchmark NIF... Read More


Natco Pharma Ltd drops for fifth straight session

Mumbai, Feb. 13 -- Natco Pharma Ltd fell for a fifth straight session today. The stock is quoting at Rs 997, down 18.2% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.53% on... Read More