Posts in category All News
US Stocks Finish Week On Mixed Note (24-06-2024)
US equities put up a mixed performance on Friday accessing recent US economic data and as markets looked to lean sideways after the Nasdaq and the S&P 500 hit new record intraday highs during the week. The major averages spent the day bouncing back and forth across the unchanged line. The major averages eventually ended the day narrowly mixed. While the Dow inched up 15.57 points or less than a tenth of a percent to 39,150.33, the Nasdaq dipped 32.23 points or 0.2 percent to 17,689.36 and the S&P 500 dipped 8.55 points or 0.2 percent to 5,464.62. For the holiday-interrupted week, the Dow jumped by 1.5 percent and the S&P 500 climbed by 0.6 percent, while the Nasdaq was nearly unchanged.
MAS Financial gains on raising Rs 500 crore via QIP (24-06-2024)
MAS Financial Services added 1.89% to Rs 318.50 after the firm announced that it has raised Rs 500 crore (including green shoe option of Rs 100 crore) through a qualified institutional placement (QIP).
Tube Investments shares rise 1.38% as Nifty drops (24-06-2024)
The stock quoted a 52-week high price of Rs 4397.1 and a 52-week low of Rs 2729.1.
Newgen Software shares price rises over 2% on inking $1.48 million pact (24-06-2024)
The uptick in share price came after Newgen Software announced that its US-based subsidiary has secured an order worth $1.48 million from a client
Stock market update: Sugar stocks down as market falls (24-06-2024)
The 30-share BSE Sensex was down 139.31 points at 77070.59
China’s yuan steady near 7-month lows as traders eye yen and data (24-06-2024)
China's yuan weakens against the dollar as foreign investors avoid the stock market. Analysts suspect currency manipulation by Beijing to maintain stability and competitiveness.
Sandip Sabharwal on 4 bank stocks that may outperform the market (24-06-2024)
There is not much change in what I thought could do well. So, I think as the only basket where people can reconsider potentially is on the consumption side where if there are normal monsoons and there are some tax sops, so that is where some sort of recovery could play out.
Mahtab takes oath as protem speaker of new Lok Sabha (24-06-2024)
President Droupadi Murmu administered the oath to BJP member B Mahtab as the 'speaker pro-tem' of the 18th Lok Sabha. Mahtab, a seven-time MP, and a panel of chairpersons will oversee the Lok Sabha proceedings on Monday and Tuesday for members' oath-taking. On Wednesday, Mahtab will preside over the House for the election of a new Speaker. He and the panel were appointed by the president on June 20.
TBO Tek zooms 6% on Goldman Sachs buy call; stock up 82% from issue price (24-06-2024)
Goldman Sachs has an optimistic outlook on TBO Tek with a target price of Rs 1,970 per share
Godrej Consumer shares up 1.16% as Nifty drops (24-06-2024)
A total of 7,134 shares changed hands on the counter till time (IST).