Retail prices of wheat, edible oils and tomato have witnessed sharpest spike in the last one year while the rates of pulses such as chana and tur have declined.Traders say…
Retail prices of wheat, edible oil & tomato witness sharp spike
Wipro Rating: Neutral- No demand slowdown for the company yet
We hosted Wipro (WPRO IN, Neutral) on 9 June as part of the Nomura Investment Forum Asia 2022. Near-term demand outlook robust: Wipro noted that it is not seeing any…
Fuel prices: Sufficient production to meet petrol, diesel demand surge
The government on Wednesday said country’s petrol and diesel production is more than sufficient to take care of any demand surge and that the public sector oil marketing companies are…
Rupee falls to fresh all-time low amid strong dollar, persistent FII selling, risk aversion in global markets
The Indian rupee fell to a new all-time low of 78.15 against the US dollar on Monday as it breached the 78-mark against the US dollar for the first time.…
Bulls back on D-Street? Sensex ends 4-day losing streak, Nifty needs to cross 16661 to continue up-move
Sensex and Nifty snapped their 4-day losing streak on Thursday as bulls pushed benchmark indices higher. S&P BSE Sensex rose 427 points or 0.78% at 55,320 while the NSE Nifty…
Rising crude, USD, double whammy for economy; inflation may not subside this yr as oil prices may remain high
By Amit Pabari As we step into a potential commodity super cycle, investing in one could reap gains but the same will weigh heavily on the economy. Especially oil price…