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“As metal and agri commodities prices go up, that could be a challenge for capital goods, automobiles, some of the FMCG companies and some of the food product companies. ”

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The 30-share BSE Sensex was up 253.79 points at 60312.85

Buy PTC India, target price Rs 140: Yes Securities

Updated at : 2021-10-11 10:20:01

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PTC India Ltd. key Products/Revenue Segments include Electricity, Other Operating Revenue, Sale of services for the year ending 31-Mar-2021.

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Bank of Baroda, incorporated in the year 1911, is a banking company (having a market cap of Rs 45559.70 Crore).

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"In the two- wheeler space, new age companies like Ola, Ampere and Ather are launching electric two-wheelers rather than the old leaders. Unless some of these companies transition themselves into forward looking companies, autos can be a trading kind of a buy."

Asia shares bounce, dollar breaks higher on yen

Updated at : 2021-10-11 09:20:02

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Asian shares rallied on Monday courtesy of gains in China which also helped U.S. stock futures pare early losses, while rising Treasury yields lifted the dollar to a near-three-year peak against the Japanese yen. Nasdaq futures and S&P 500 futures were both down around 0.1%, but well above early lows. EUROSTOXX 50 futures dipped 0.1% and FTSE futures held steady.

Gold flat as Fed expected to stick to tapering plans

Updated at : 2021-10-11 09:20:02

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Gold prices were flat on Monday as the bullion was caught between a dip in the dollar and fears that the U.S. Federal Reserve would start paring stimulus this year despite weak jobs data. Spot gold was flat at $1,756.25 per ounce by 0053 GMT. Prices hit a two-week peak on Friday after the payrolls data but pared gains during the session.

Oil gains as energy demand rises; WTI tops $80

Updated at : 2021-10-11 09:20:02

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Oil prices rose on Monday, extending multiweek gains, amid supply restraint from major producers and growing demand for fuels as economies try to recover from the coronavirus pandemic. Brent crude was up 81 cents, or 1%, at $83.20 a barrel by 0212 GMT, after gaining almost 4% last week. U.S. oil was up $1.15, or 1.5%, at $80.50 a barrel, the highest since late 2014. U.S. crude rose 4.6% through Friday.

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IndiaMART InterMESH Ltd. key Products/Revenue Segments include Income From Information Services for the year ending 31-Mar-2021.

Daily coal supply has exceeded demand: RK Singh

Updated at : 2021-10-11 08:20:01

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On Saturday, the total despatch of coal from all sources (Coal India Limited, Singareni Collieries Company, Captive Coal Mines and imported coal) was 1.92 million tonnes while the total consumption was 1.87 million tonnes, an official statement issued by the power ministry said.

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