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Though it stayed sideways during the last half hour of the session, but largely maintained the gains. The headline index closed with a net gain of 105.25 points (+0.64%).

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The U.S. central bank has raised interest rates by three quarters of a percentage point this year, and most Fed policymakers back raising interest rates another half of a percentage point at each of their next two meetings.

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Sandberg, 52, has been one of the most influential women in Silicon Valley and her departure comes as the social media juggernaut faces an uncertain future and fierce competition.

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OPEC, whose de facto leader is Saudi Arabia, has resisted pleas from the White House to increase oil supply to make up for production lost due to sanctions against Russia after its invasion of Ukraine.

In an interaction on CNBC-TV18, the management said its sales growth to be at 80,000-90,000 tonnes in FY23. “Expect MM Forgings to get into EV business in the next couple of months,” said Vidyashankar Krishnan, the managing director of the company.

US stocks open lower as Microsoft offsets oil relief

Updated at : 2022-06-02 20:20:03

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The Dow Jones Industrial Average fell 4.22 points, or 0.01%, at the open to 32,809.01.

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After a consistent underperformance of the yellow metal, investors are looking at how they should allocate funds in gold and which form of the bullion would be an ideal approach for them.

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The index provides real time insight on the crypto market based on actual transactions on CoinSwitch; is refreshed over 1,400 times a day to ensure reflection of real time market movement; and is INR denominated (takes into account currency conversion rates) unlike any other international currency denominated metric. The index will be rebalanced monthly and reconstituted every quarter to stay up to date with the market.

After a muted start, the stocks overcame initial bouts of volatility and managed to steer clear of the negative territory. The 30-share pack Sensex rose 436.94 points or 0.79 per cent to close at 55,818.10. Its broader peer, Nifty50, also ended the session above the 16,600 mark, 105 points or 0.64 per cent higher.

ccording to Nomura economists, while the moderation in GDP growth in the fourth quarter was primarily on account of a statistical base effect, the sequential momentum remained strong at 1.9 per cent quarter-on-quarter versus 2.0 per cent in Oct-Dec, suggesting an annualised momentum of 7.5 per cent.

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