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Euro bounce pauses ahead of US inflation

Updated at : 2022-02-08 08:20:02

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The common currency leapt 2.7% last week after a hawkish shift in tone at the European Central Bank. It has held gains but has been unable to beat resistance around $1.1483 even as European bond yields have leapt and last bought $1.1441.

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JSW Energy has one of the strongest balance sheets in the sector with a net debt-equity of 0.37x and net debt-Ebitda of 1.74x, it stated.

Tuesday is likely to see the levels of 17,245 and 17,330 acting as crucial resistance points. The supports come in at 17,100 and 17,000 levels

Wall St edges higher at open; Peloton jumps

Updated at : 2022-02-07 21:25:04

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The S&P 500 opened higher by 5.22 points, or 0.12%, at 4,505.75, while the Nasdaq Composite gained 20.78 points, or 0.15%, to 14,118.79 at the opening bell.

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On NSE, Amansa Holdings sold 4,65,000 shares at Rs 556.13 and 7,51,412 shares at Rs 550.31. On BSE, it sold 6,33,253 shares at Rs 550.34 and 1,35,000 shares at Rs 550.19 apiece.

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Revenue in Q4 2021 (October to December) rose 17 per cent to Rs 1,091 crore.

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On NSE, it settled at Rs 1,184.95, a gain of 0.74 per cent after jumping 3.25 per cent during the day to Rs 1,214.60.

In a series of tweets, Kamath compared 1 per cent TDS on all crypto trades to tax collected at source (TCS) of 0.1 per cent on Gold. "I assumed that the TDS is only on the gains," he said

Tesla's Bitcoin holdings worth nearly $2 bn

Updated at : 2022-02-07 20:25:02

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In its annual filing with the U.S. Securities and Exchange Commission, Tesla, which had invested $1.50 billion in bitcoin last year, said it registered about $101 million in impairment losses last year due to the value of bitcoin.

Minda Corporation slides nearly 4% post Q3 show

Updated at : 2022-02-07 19:20:03

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For the quarter under review, the company’s consolidated operating revenue declined marginally to Rs 738.3 crore as compared to Rs 739.8 crore in the same period a year ago, reports said.

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