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News from the Markets
- Copper zooms near 7-year high on Covid vaccine hopes, fund buyingThree-month copper on the London Metal Exchange was up 0.9 per cent to $7,368 a tonne at 6:00 pm (IST), after hitting $7,410 a tonne, its highest since January 2, 2014
- After a day's breather, benchmark indices reverse losses on F&O expiryHowever, Maruti, ONGC, IndusInd Bank, Tech Mahindra and Infosys dipped up to 0.87 per cent
- Joe Biden's welcome by stock markets second only to Ronald Reagan'sIt's obviously very early, but the market reality has been the opposite of what Donald Trump predicted for his rival - a crash
- Crypto boom shaken as Bitcoin, other coins nosedive after record rallyThe rout began just hours after Bitcoin rose to within $7 of its record high of $19,511, the culmination of a more than 250% surge in past nine months
- Market Wrap, Nov 26: Here's all that happened in the markets todayBSE Sensex surged 432 points, or 0.98 per cent to settle at 44,260 levels and the Nifty50 index gained 129 points, or 1 per cent to 12,987
- NPCI diversifies its ownership with share allotment to 19 new entitiesCompletes private placement of 4.63 per cent equity shares worth Rs 82 cr; number of shareholders rises to 67
- Steel stocks extend rally; JSW Steel, Tata Steel hit fresh 52-week highsSAIL and Jindal Steel and Power rallied 7 per cent and 6 per cent, respectively on the BSE
- World shares hold near all-time highs; US markets close for ThanksgivingThe MSCI world equity index, which tracks shares in 49 countries, hit an all-time high on Wednesday
- Dixon Technologies hits new high; stock zooms 290% from March lowDespite the disruption in operations due to the Covid-19 pandemic-related lockdown, Dixon Technologies has witnessed strong recovery in business post easing of Covid-19-related curbs
- Rushil Decor hits 52-week high; zooms 64% in 3 days on heavy volumesThe stock hit a 52-week high of Rs 147, up 18% on the BSE in the intra-day trade today, and surpassed its previous high of Rs 139 touched in November 2019
- Bitcoin price drops more than $1,000 in Asian tradeBitcoin, the world's biggest and best-known crypto-currency, was last trading around $17,700, having lost more than $1,000 since its previous close
- ICICI Lombard hits new high, enters the top 50 most-valued companies listThe stock rallied 6 per cent to Rs 1,464 on the BSE, surpassing its previous high of Rs 1,439.90 touched on December 26, 2019.
Other Articles from the MET Group of Companies
Blockchain – is it relevant yet?
Blockchain: what do executives need to know? With a current valuation of nearly £400million, and a projected valuation of £28billion by the year 2025, according
Key Findings for 2019
LinkedIn study reveals key findings for 2019 Each year, new resourcing trends come and go; it’s important for HR to stay on top of emerging
Business and Brexit
Theresa May’s Brexit deal was overwhelmingly shot down by MPs on Tuesday, with both Remainers and Leavers rejecting the bill. While this was a widely
Revealed – The UK’s ‘golden triangle’ of AI jobs
London, Cambridge and Reading have emerged as the top UK hotspots for jobs in the Artificial Intelligence industry, according to research from Glassdoor. The researchers
98% of Brits have switched jobs in the last five years
New research conducted by job site Indeed has revealed that 98.1% of Brits are no longer in the same job that they were in five
Hundreds of new jobs created from investment in UK’s FinTech industry
Hundreds of high-tech jobs have been created because of overseas investment into the UK’s FinTech, information technology and advanced engineering sectors, according to a statement
Average commute now 18 hours longer than in 2008
UK workers are spending an extra 18 hours a year commuting to work compared with a decade ago, the TUC has found. Getting to and
Best in Class Recruitment
Recruitment is booming! In the last 10 years the recruitment industry has sustained a steady growth. However, in 2017, nearly 6,000 new recruitment agencies launched,
When outstanding isn’t good enough
Rated as Ofsted outstanding… is it actually a put off? As it stands, there are four grades awarded to schools by Ofsted; outstanding, good, requires