DailyBubble News
DailyBubble News

Stock Markets – Top Headlines – PLI scheme for auto sector, Cabinet meeting,

Stock Markets – Top Headlines – After holding on to themselves for a greater part of Tuesday, US Markets fells sharply. Dow Jones fell by 292 points while Nasdaq fell 67 points in the Tuesday trading session. Meanwhile SGX Nifty ended with slight gains to settle above 17,400. Dow Futures gained 50 points while Nikkei was weaker by 225 points.

In commodities news, Crude oil ended flat near USD 74. MCX Gold futures were up by Rs 400 to end at Rs 47,300 per 10 gram. Meanwhile, MCX Silver futures were also dearer by Rs 400 and ended at Rs 63,700 per kg.

See Zee Business Live TV Streaming Below:

There is an all-important meeting of the Cabinet today where the Production Linked Incentive (PLI) scheme for the auto sector is likely to get a nod.

In an Exclusive interview with Zee Business, Interglobe Aviation’s Chief Executive Officer (CEO) Ronojoy Dutta has said that he expected the passenger traffic to reach pre-pandemic levels by December this year. Watch Full Interview at 11 am while the international flights to become normal by summer of 2022. Also discusses expansion plans.

IPO Watch – Sansera Engineering Initial Public Offering (IPO) issue was subscribed 53 per cent on the first day on Tuesday. The price band of this is issue is Rs 734-Rs 744. Zee Business Managing Editor has advised investment by only those investors who have a higher risk appetite and with a long term view.

In News Par Views, Market Guru will speak with the top management of Ami Organics to talk about listing and company’s future plans.

In Corporate Radar, top management of SKF India will speak to Zee Business on business and sector outlook.

Watch Zee Business Tweet Video Below:

Meanwhile, the much-awaited Apple iphone 13 was launched on Tuesday. The company launched 4 versions of iPhone 13. The price of standard version is Rs 80,000. It also launched a new iPad and Apple Watch Series 7.    

Read More: Stock Markets – Top Headlines – PLI scheme for auto sector, Cabinet meeting,

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