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Isro team at Sterlite Copper plant to fix snag affecting oxygen production - Vimarsana News

Isro team at Sterlite Copper plant to fix snag affecting oxygen production

Vedanta Ltd owned Sterlite Copper plant has roped in experts from ISRO to help rectify the technical glitch developed in the cold box of its oxygen plant, leading to a suspension in production of the life- saving gas. The company formally commenced production of medical oxygen on Thursday and the very next day, the facility in Tuticorin, about 600kms from here, suffered a jolt in operations after developing a 'technical snag'. In a statement shared on the micro-blogging site on Sunday, Sterlite Copper said, "efforts to resume production at our oxygen plant are progressing". "Today, an ex...

US Market falls to one-month low on inflation woes - Vimarsana News

US Market falls to one-month low on inflation woes

The US stock market closed down for the second straight session on Tuesday, 11 May 2021, with the benchmark S&P 500 hitting a one-month low on worries about excess valuation and inflation. At the close of trade, the Dow Jones Industrial Average index declined 473.66 points, or 1.36%, to 34,269. The S&P 500 index was down 36.33 points, or 0.87%, at 4,152. The tech-heavy Nasdaq Composite Index fell 12.43 points, or 0.09%, to 13,389. Total ten out of 11 major S&P 500 sectors closed lower, with energy, financials, industrials, real estate, and utilities issues being notable losers, while material...

Earnings, Covid-19 updates, macro data to guide market sentiment: Analysts - Vimarsana News

Earnings, Covid-19 updates, macro data to guide market sentiment: Analysts

Read more about Earnings, Covid-19 updates, macro data to guide market sentiment: Analysts on Business Standard. COVID-19 updates, financial results and macro-economic data will continue to steer stock markets in this holiday-shortened week, say analysts.Global trends are also expected to guide the market sentiment, they added. Equity markets would remain

Barometers trade flat; metal stocks shine - Vimarsana News

Barometers trade flat; metal stocks shine

Read more about Barometers trade flat; metal stocks shine on Business Standard. At 11:29 IST, the barometer index, the S&P BSE Sensex, rose 0.94 points to 48,678.49. The Nifty 50 index was up 11.2 or 0.08% at 14,629.05.

Vedanta Ltd in demand - Vimarsana News

Vedanta Ltd in demand

Read more about Vedanta Ltd in demand on Business Standard. Vedanta Ltd is quoting at Rs 271.05, up 2.55% on the day as on 12:49 IST on the NSE. The stock is up 245.07% in last one year as compared to a 59.71% gain in NIFTY and a 199.52% gain in the Nifty Metal index.