Crude Oil Tops $75 on Supply Cuts, Prospect of Iran Sanctions

Crude oil prices fall by $2 on demand concerns, Israel comments

Gold Silver Reports (GSR) – Crude Oil Tops $75 on Supply Cuts, Prospect of Iran Sanctions — Brent crude, the global benchmark, rose to its highest level since OPEC on Nov. 27, 2014 turned its back on curbing output to support prices, a move that triggered a battle for market share and helped deepen a collapse to $27 in early 2016.

Read More →

TV18 Broadcast Erases Gains On Reporting Loss In Q4

Gold Silver Reports (GSR) – TV18 Broadcast Erases Gains On Reporting Loss In Q4 – Shares of the Delhi-based news channel operator fell after it reported loss in March quarter.

✅ Consolidated revenue at Rs 757.7 crore versus Rs 278.9 crore (YoY)

✅ Consolidated net loss at Rs 2.98 crore versus profit of Rs 8.39 crore (YoY)                          

Read More →

GNFC Rises Most In Three Months Post March Quarter Earnings

Gold Silver Reports (GSR) – GNFC Rises Most In Three Months Post March Quarter Earnings – Shares of the Gujarat-based fertiliser and chemical maker rose as much as 10.7 percent, the most in over three months, to Rs 475.90 after it reported March quarter earnings. The stock also rose to its highest level in a month.

Read More →

Delta Corp Surges On Reporting Four Fold Jump In March Quarter Profit

Gold Silver Reports (GSR) – Delta Corp Surges On Reporting Four Fold Jump In March Quarter Profit – Shares of the Mumbai-based offshore casino operator rose as much as 5.88 percent to record high of Rs 301.40 after its profit jumped four times in quarter ended March 2018. Delta Corp’s net profit came in at Rs 45 crore in March quarter compared with Rs 11 crore during the same period last year.

Read More →

Sensex, Nifty Hold Gains Led By Private Lenders

Gold Silver Reports (GSR) – Sensex, Nifty Hold Gains Led By Private Lenders – Indian equity benchmarks held on to gains as buying in private sector lenders and Reliance Industries outpaced losses metal stocks. The S&P BSE Sensex rose 0.4 percent or 141 points to 34,591 and the NSE Nifty 50 index gained 0.16 percent or 17 points to 10,601.

Read More →