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Latest Stock Market News

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German bund yields rose 8.1 bps overnight after German consumer prices increased at their fastest pace in half a century, strengthening the case for an outsized European Central Bank interest rate hike in July.Eurozone inflation data is due later on Tuesday

The boards of Angel One and Tantia Constructions will meet today for their AGMs. The boards for Quess Corp and Bank of Baroda board will meet today to consider dividend.

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Even as the company is delivering over 5,000 units of XUV 700 on a monthly basis, the booking momentum is almost double and the cancellation rate to at a respectable 12.5% claimed Rajesh Jejurikar, ED at M&M.

Speaking about cryptocurrency, Seth on Monday told reporters, "Our consultation paper is fairly ready. We have gone into a deep dive into this." He did not mention when it is likely to be put out. Sources, though, told ET that it can be expected in August.

Gail to invest Rs 26,000 crore in renewables by 2030

Updated at : 2022-05-31 08:25:03

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"We will be investing ₹6,000 crore in the renewable segment in three years, and another ₹20,000 crore by 2030, which is contingent upon certain technical aspects on the hydrogen front that the company is working out," said Manoj Jain, chairman and managing director, Gail.

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The fuel supply agreements approved by the Union Cabinet in 2013 provide that CIL can import coal to meet its contractual commitments. The company is at present able to meet 100% of the requirements and cannot import coal under the current rules.

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Brent crude futures for July, which will expire on Tuesday, gained 63 cents to $122.30 a barrel at 0012 GMT.

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PTC India, Algoquant Fintech, Shri Bajrang Alliance, Sanwaria Consumers, Mitshi, Inani Securities, Aroma Enterprises, Avance Syntex, Valecia Nutrition and Vax Housing Finance are among the companies which will announce their March quarter earnings today.

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The euro was at $1.0745, down 0.3%, having hit a five-week high of $1.0786 overnight, as German inflation rose to its highest level in nearly half a century in May on the back of soaring energy and food prices.

FPIs keep selling, May tally at $4.6 billion

Updated at : 2022-05-31 08:15:02

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Only on the stock exchanges, overseas investors pulled over ₹41,000 crore out of local stocks - the highest in a month since March 2020 - when they sold shares worth ₹57,000 crore amid the pandemic led lockdown

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