Effective on firm dollar impact and growing equity markets, the gold traded in red in the morning trade on Monday, slipping its lowest level in more than two weeks. The more stringent monetary policy ahead of the US Federal Reserve meeting increased pressure on Gold. Market players expect the Gold to trade volatile on the back of growing geopolitical worries and the dollar movements. The price is further expected to decrease as a result of profit booking.
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Wheat prices rose by 0.73% to Rs 1,647/quintal in the futures market on Thursday following a pickup in demand at spot market. At the NCDX wheat for delivery for October gained Rs 12, or 0.73% to Rs 1647 per quintal with an open interest of 14,040 lots. Similarly, the wheat for delivery in Sept traded higher by Rs 10, or 0.62% to Rs 1,626 /quintal in 630 lots.
India’s second largest software company Infosys Limited has said it has completed the acquisition of Brilliant Basics, a London-based product design, and customer experience (CX) company.
The company further said in its statement that through this acquisition, it expands its world-wide connected network of Digital Studios that are focused on fulfilling the needs of global clients for the end to end digital transformation solutions. The acquisition will further facilitate the digital design services network of the company to include Europe & the Middle East, together augmenting its capability in financial services, retail sectors, and telecom sectors.
Infosys stock has focused total traded volume of 40,20,343 shares and traded value of Rs. 35,455 lakh on NSE, post lunch hours today.