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If you look at the known devils in the market, most of them are factored in be it inflation, war situation, recession probability in some developed nations, supply chain and energy crisis.

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SJS Enterprises, incorporated in the year 2005, is a Small Cap company (having a market cap of Rs 1510.48 Crore) operating in General sector.

The encouraging data bolstered stocks on Wall Street, as benchmark indices surged 2-3% on Tuesday, while yield on the 10-year treasury note plunged 15 basis points to 3.485%. The dollar index hit a near 6-month low of 103.586 points.

Tesla stock rout puts market cap below $500 billion

Updated at : 2022-12-14 09:25:03

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Tesla first crossed above the $500 billion threshold in November 2020, after its share price jumped more than sixfold ahead of its inclusion in the S&P 500. A seemingly insatiable investor appetite for anything related to EVs, and more broadly technology, helped fuel part of that rally in a cash-rich market.

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"There was some excitement early on that the CPI number was once again below expectations - it shows some sequential cooling - but once we saw that initial pop, stock investors kind of reassessed," said Jason Ware, chief investment officer at Albion Financial Group in Salt Lake City, Utah.

India may get Russia oil at below $60 per barrel

Updated at : 2022-12-14 07:25:03

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Multiple government officials and industry executives said domestic refineries will continue to buy cheap Russian oil with no major shipping or insurance trouble expected as the market rate for the key grade has fallen below the cap.

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Tells lawmakers the collapse stems from poor management practices and inexperienced individuals at the helm

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The company will utilise at least 50% of the amount set aside for the buyback of shares

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At the interbank foreign exchange market, the rupee opened lower at 82.63 against the greenback and witnessed a high of 82.60 and a low of 82.87.

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Benchmark U.S. Treasury 10-year note yields - which move inversely to prices - dropped by about 15 basis points just after the data and then climbed to about 3.5%, still about 7 bps lower than their level ahead of the release.Two-year-yields fell over 15 bps to then climb to 4.26%, still 9 bps lower than prior to the release.

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