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Welspun Corp gains as foreign brokerage initiates Buy call

Mumbai, Sept. 3 -- The target price implies an upside of 25% from the ruling market price. The stock hit an all-time high of Rs 2,676 in early trade today. The brokerage said Welspun Corp is well pos... Read More


Purple Style Labs IPO ends with 1.29 times subscription

Mumbai, Sept. 3 -- Purple Style Labs received bids for 88,66,572 shares as against 68,49,816 shares on offer. The issue was subscribed 1.29 times. The qualified institutional buyers' (QIB) portion wa... Read More


Lumino Industries shines on market debut

Mumbai, Sept. 3 -- The stock debuted at Rs 109 on the BSE, a premium of 32.93% over its issue price. So far, the stock has hit a high of Rs 113.65 and a low of Rs 106.48. On the BSE, over 69.82 lakh ... Read More


Economic Buzz: Australia's July trade surplus at 1.9B Australian dollars

Mumbai, Sept. 3 -- Australia posted a trade surplus in July, with the figure reaching 1.92 billion Australian dollars ( Published by HT Digital Content Services with permission from Capital Market.... Read More


Economic Buzz: Japan's services activity expands further in August

Mumbai, Sept. 3 -- Japan's service sector continued to expand solidly in August, surprising investors' expectations, according to a report released by S&P Global on Thursday. The seasonally adjusted ... Read More


Economic Buzz: Australian services activity expands at softer pace in August

Mumbai, Sept. 3 -- Australia's services industry expanded in August, with the headline figure reaching above the neutral 50 threshold, S&P Global said on Thursday. The seasonally adjusted S&P Global ... Read More


Commodities Buzz: US crude inventories declined by 4.5 million barrels, says EIA

Mumbai, Sept. 3 -- Crude oil inventories in the United States saw a decrease of 4.5 million barrels during the week ending August 28, according to new data from the U.S. Energy Information Administrat... Read More


Base Metals Preview: COMEX copper holds above $6.6 per pound mark in early Asia

Mumbai, Sept. 3 -- COMEX copper holds above $6.6 per pound mark in early Asia on Thursday following an uptick in the previous session. Pull back in dollar and brief rally in equities are keeping the r... Read More


Precious Metals Preview: COMEX gold and silver jump amid a notable pull back in dollar

Mumbai, Sept. 3 -- COMEX gold jumped on Thursday tracking notable pull back in dollar overseas as oil halted recent rally on signs of easing geo-political concerns. President Trump said the latest att... Read More


RPG Life Sciences rises on deal to acquire API business of Raghava Life Sciences

Mumbai, Sept. 3 -- In a regulatory filing made post market hours yesterday, the company said that RPG Active Pharma has entered into a business transfer agreement to acquire the active pharmaceutical ... Read More