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Mold-Tek Packaging Ltd., incorporated in the year 1997, is a Small Cap company (having a market cap of Rs 2145.69 Crore) operating in Plastics sector.

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Twitter Inc and Pinterest Inc each tumbled about 10%, zapping over $4 billion in market capitalization. Snap Inc slumped 18%, losing $9 billion in stock market value.

Buy State Bank of India, target price Rs 563: IIFL

Updated at : 2022-02-03 09:20:03

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State Bank of India, incorporated in the year 1955, is a banking company (having a market cap of Rs 481750.53 Crore).

Vedanta Ltd. said in December that it intends to unlock value with options including separately listing its aluminum, iron and steel and oil and gas businesses.

CBDC payments to be secure: PM

Updated at : 2022-02-03 08:20:03

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Prime Minister Narendra Modi said the central bank digital currency, announced in the budget, will give impetus to the digital economy as transactions through it will be risk-free and secure and that it will be easily convertible to physical currency.

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Gold prices were little changed above the key $1,800 per ounce level on Thursday, as U.S. Treasury yields retreated after a dip in U.S. jobs data. Spot gold was flat at $1,807.39 per ounce by 0049 GMT. U.S. gold futures fell 0.1% to $1,808.00.

ITC, GAIL, Titan, Adani Transmission, Godrej Properties, Adani Power, Cadila, Lupin, Varun Beverages, PI Industries, Aditya Birla Capital and Emami are among the companies that will announce their December quarter results today.

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Oil prices eased on Thursday following weak U.S. payrolls data and some profit taking, but remained underpinned by tight supply as OPEC+ producers stuck to planned moderate output increases. Brent crude fell 37 cents, or 0.4%, to $89.10 a barrel by 0127 GMT, after rising 31 cents on Wednesday.

Post offices on CBS a big boost for banks

Updated at : 2022-02-03 07:55:02

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According to the proposals in the union budget, customers would be able to access post office accounts through net banking, mobile banking, ATMs, and also provide online transfer of funds between post office accounts and bank accounts. This will be helpful especially for farmers and senior citizens in rural areas, enabling interoperability, and financial inclusion.

The Dow Jones Industrial Average rose 224.09 points, or 0.63%, to 35,629.33, the S&P 500 gained 42.84 points, or 0.94%, to 4,589.38 and the Nasdaq Composite added 71.54 points, or 0.5%, to 14,417.55.

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