The Nifty IT index was trading 0.37 per cent at 41901.45.
Posts in category All News
Federal Bank shares 0.43% as Nifty falls (21-11-2024)
The stock quoted a 52-week high price of Rs 210.50 and low of Rs 139.45.
DIY Momentum QnA and Discussion (21-11-2024)
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Dollar index regains upside; Upcoming US data in focus (21-11-2024)
The dollar index spiked to a one-week high and regained strength to a yearly high in the previous session tracking higher yields amid rising geo-political tensions between Russia and Ukraine. Uptrend in the counter stays intact, supported by the economy’s resilience and limited expectations of aggressive Fed easing. Last week, Powell downplayed the need for aggressive easing, emphasizing the economy’s strength. He suggested slowing the pace of rate cuts to increase chances of achieving the right balance. The dollar index that measures the greenback against a basket of currencies is quoting at 106.55, off yesterdays sharp spike and marginally lower on the day. Investors look forward to US data this week including US Initial Jobless Claims, S&P Global Flash PMIs, and the University of Michigan (UoM) final reading of Consumer Sentiment for November. Among basket currencies, EURUSD and GBPUSD are staying mildly positive at $1.0557 and $1.2650 respectively.
Godrej Properties acquires 53 acre land parcel in Joka, Kolkata (21-11-2024)
The proposed project is estimated to have a development potential of ~ 1.3 million square feet of saleable area comprising primarily residential plotted development with an estimated revenue potential of Rs 500 crore.
Stock market update: Nifty Pharma index 0.27% in a weak market (21-11-2024)
The Nifty Pharma index was trading 0.27 per cent at 21826.70.
PSP Projects shares tumble as US charges Adani with bribery (21-11-2024)
PSP Projects dropped 8.60% to Rs 614 amid allegations that US prosecutors have indicted Gautam Adani and his associates for a $250 million bribery scheme.
Hariom Pipes Ltd: A Capex Play! (21-11-2024)
What does in house consumption mean ?
Finolex Industries appoints Saurabh Dhanorkar as Managing Director (21-11-2024)
Dhanorkar has been associated with the Company since 1983 in various roles and was Managing Director until 2012 when he retired. He is a qualified Chartered Accountant and has contributed significantly to the expansion of the Company from a Rs. 2 crore pipes manufacturing company to a multi-location petrochemicals and plastics processing giant.
He retired as Managing Director in 2016 and has been associated with the Company as a Non-Executive Director for the past eight years.