Copper to trade in 375.5-407.9 range: Achievers Equities

Achievers Equities report

According to Achiievers Equities,Copper gains as upbeat manufacturing data from the US and the euro zone drove a wave of fund buying that reversed earlier weakness.

Copper trading range for the day is 375.5-407.9.

Copper gains as upbeat manufacturing data from the US and the e ...

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Cipla UK arm sells entire stake in Chase Pharma to Allergen unit

Cipla   said its UK subsidiary has sold its entire stake in Chase Pharmaceuticals Corporation, a Delaware-based corporation, to a subsidiary of Allergan plc. Cipla UK arm, Cipla (EU) had 16.7 percent stake in Chase Pharmaceuticals, which was acquired in May 2014 via a syndicated venture investment.

Allergan has a ...

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Oil prices hit highest since Oct on hopes of OPEC-led output cut

Oil prices rose to their highest level since late October on Tuesday as the market priced in an expected output cut led by producer cartel OPEC, but analysts warned that a failure to agree a cut could lead to a depening supply glut by early 2017.

International Brent crude oil futures rose as high as USD 49.63 a barrel ...

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Strong quake hits northeastern Japan, tsunami warning issued

A strong 6.9 magnitude earthquake hit northeastern Japan early today, the countrys meteorological agency said, issuing a tsunami warning for the regions coast including Fukushima prefecture.

A some three metre tsunami could hit the northeastern coast, the agency said, including Fukushima -- home to the Fukushima Daiic ...

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F&O expiry, demonetisation may keep market volatile next week

After losing around 7 percent in last four consecutive weeks due to demonetisation move by the government, US elections and fears of likely Fed rate hike in December, the market is expected to be volatile next week.

Expiry of November futures & options contracts and rollover of positions to December month may caus ...

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Flipkart eyes groceries; renewed push in furniture

Indias top e-commerce player Flipkart plans to move into the groceries space and make a renewed push in the online furniture business, as it expands its product portfolio and looks to outmaneuver global giant in a burgeoning Indian market.

Flipkart Chief Executive Binny Bansal said the home-grown e-commerce ...

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Pawar attacks PM Modi govt over demonetisation, bullet

A week after sharing stage with Prime Minister Narendra Modi and showering praises on him, NCP chief Sharad Pawar attacked the NDA government over the issue of issue of demonetisation and Rs 98,000-crore bullet train project.

Pawar alleged that the Modi government was harassing people on the pretext of demonetisation. ...

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Copper prices rise nearly 20% in one month, may pare gains in near term

Copper stood out among the hottest commodities in the past one month, as prices of the base metal surged nearly 20 per cent on hopes of improving demand from top consumer China and a steady decline in stocks at warehouses. 

The rally was fuelled by optimism over robust demand from the US on expectation of ...

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Indias solar power generation capacity at 8.7 GW: Piyush Goyal

Addition of 1,964.76 MW in the first seven months of the current fiscal has taken the total solar power generation capacity in the country to 8,727.62 MW, Parliament was informed.

As on October 31, 2016, Solar Energy Projects with an aggregate capacity of over 8727.62 MW have been installed in the country, New and Ren ...

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