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European shares open higher on boost from miners

Updated at : 2022-11-14 15:20:01

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The pan-European STOXX 600 index was up 0.1% by 0811 GMT, after recording its biggest weekly gain in nearly eight months on Friday.The basic resources index rose 0.7% as copper prices stayed near five-month highs amid supportive measures from the Chinese government for its ailing property sector.

"The Indian technology stocks will not fall as much as the global technology stocks did in the Nasdaq carnage. So they held up pretty well. If they held up pretty well, then on the upside also their performance has to be moderate. So that is where we are. There is too much correlation built on day-to-day rupee dollar movement for IT stocks, which is not the right way to look at it."

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There is no tell-all book or crash course that can truly prepare one for the highs & lows of parenting. While parents strive to give their best to their children and secure their child’s future, mothers especially play a huge role.

​​Revenue from operations rose nearly 37% YoY to Rs 6,745.24 crore. Earnings before interest, taxes, depreciation and amortization (EBITDA) for the quarter increased 19.4% YoY to Rs 956.61 crore, but margins contracted 206 basis points to 14.18%.

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Keystone Realtors is a well-established customer-centric brand with an asset-light and scalable model resulting in profitability and stable financial performance, said Anand Rathi Research, adding that it is among the leading residential real estate development companies.

Info Edge shares rally 7%. What’s cooking?

Updated at : 2022-11-14 14:25:01

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The company recently invested Rs 135 crore with Coding Ninjas. With this investment, its shareholding has increased from 26.1% to 51%. “The investment in Coding Ninjas will aid the transformation of Naukri from a job site to a career platform that helps users throughout their career journey,” Info Edge said.

Aurobindo Pharma on Saturday reported a 41 per cent decline in its consolidated net profit at Rs 409 crore for the second quarter ended September 30, 2022.

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There was a "mad rush" to buy dollars after the open and it was pretty much across the board, a spot currency trader said. It looks like the bottom (for USD/INR) is now in place at 80.50 levels, they said.

Tokyo shares close lower

Updated at : 2022-11-14 14:25:01

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Analysts said traders locked in profits after a positive session on Friday, when the Nikkei advanced nearly three percent on hopes for less aggressive Federal Reserve rate hikes due to slowing US inflation.

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