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Precious Metals Preview: COMEX gold pauses rally near life time highs

Mumbai, Feb. 12 -- COMEX Gold futures are paring some of its sharp gains after having spiked to fresh highs near $2970 per ounce as an excellent rally continued for the metal amid worries over global ... Read More


Economic Buzz: Powell says Fed in no hurry to cut rates

Mumbai, Feb. 12 -- Federal Reserve Chair Jerome Powell delivered his semiannual monetary policy testimony before the Senate Banking Committee on Tuesday, stating that the central bank does "not need t... Read More


Board of Lupin approves transfer of OTC consumer healthcare biz to new subsidiary

Mumbai, Feb. 12 -- The Board of Lupin at its meeting held on 11 February 2025 has approved the transfer of the over-the-counter (OTC) Consumer Healthcare business of the company, on a slump sale basis... Read More


Energy Preview: API reports large jump in crude oil inventories

Mumbai, Feb. 12 -- The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by a massive 9.043 million barrels for the week ending January 31. This adds to... Read More


Indian Rupee: Could see extended recovery as dollar edges lower

Mumbai, Feb. 12 -- The Indian rupee could likely see an extended recovery on Wednesday, after the domestic unit rallied 63 paise, recording its steepest single-day recovery in nearly two years, to set... Read More


Shares may bounce on bargain hunting

Mumbai, Feb. 12 -- GIFT Nifty: The Nifty 50 is projected to open higher, following a 16.50-point rise in the GIFT Nifty February 2025 futures contract. Institutional Flows: Foreign portfolio invest... Read More


Stock Alert: Birlasoft, Berger Paints, Vodafone Idea, IRCTC

Mumbai, Feb. 12 -- Securities in F&O Ban: Manappuram Finance shares are banned from F&O Trading on Wednesday, 12 February 2025. Earnings to Today: Aegis Logistics, Ashok Leyland, Bajaj Consumer Car... Read More


Stock Alert: Birlasoft, Berger Paints, Vodafone Idea, IRCTC,

Mumbai, Feb. 12 -- Securities in F&O Ban: Manappuram Finance share are banned from F&O Trading on Wednesday, 12 February 2025. Earnings to Today: Aegis Logistics, Ashok Leyland, Bajaj Consumer Care... Read More


Happy Forgings inks MoU with global manufacturer of industrial equipment

Mumbai, Feb. 12 -- This MoU sets the main terms and principles for a binding long-term supply contract, which will be signed when approved components start shipping in 2028. Under the MoU, the custom... Read More


Chinese stocks extend upmove, benchmark index hits six week high

Mumbai, Feb. 12 -- China's Shanghai Composite index gained 0.85%, hitting around six week high as recent upmove stayed well in place. Hong Kong's Hang Seng index spiked 2.60% after yesterday's correct... Read More