Shares of Jubilant Food Works Ltd. fell for the fifth straight day early morning trading even as its second-quarter earnings surpassed analyst estimates.
Reliance Slips Ahead Of Q2 Earnings On Friday | Neal Bhai
Shares of Reliance Industries Ltd. shed 1.31% in intraday trade to Rs 2,696.15 apiece. The company will report its earnings for the September quarter on Friday.
Bullion Trading at Premium on Inflation Fears | Neal Bhai
Bullion Trading: Gold rose for a second day as the U.S. dollar extended declines, with investors waiting for comments from Federal Reserve officials this week which could provide insight into the prospects of tighter monetary policy.
India’s Gold Demand Faces Slowing Savings Rate, Farm Wages Risk
Gold demand in India is likely to face challenges from a declining household savings rate and lower agricultural wages, according to the World Gold Council.
PNB Housing Won’t Pursue Court Case On Preferential Share Issue
PNB Housing Finance Ltd.’s lawyer said the firm won’t pursue the court cases against SEBI on the now-scrapped plan to raise Rs 4,000 crore from Carlyle Group Inc.
L&T Technology Shares Decline After In-line Q2 Earnings
Shares of L&T Technology Services Ltd. declined the most in nearly 10 months after its earnings for the September quarter met average analyst estimates.
WTI stays above $82.00 ahead of EIA Inventories | Neal Bhai
WTI holds onto the recent gains near $82.40, up 0.05% intraday, during a quiet Asian session on Wednesday. The oil benchmark cheered the US dollar weakness and upbeat sentiment to ward off the bearish inventory levels published by industry sources the previous day. The latest moves, however, await the official stockpile data for further direction.