Posts in category Business Standard
Asian shares drop after Wall Street closes another winning week (24-06-2024)
Asian shares were mostly lower Monday after US stocks coasted to the close of their latest winning week on Friday, even as Nvidia's stock cooled further from its startling, supernova run.
US futures and oil prices dropped.
In Tokyo, the Nikkei 225 index rose 0.7 per cent to 38,869.94, making it the sole major benchmark in Asia to post gains on Monday.
The yen weakened to 159.93 per dollar during morning trading.
Minutes of the Japanese central bank's last policy meeting released Monday put the yen under renewed pressure as it indicated that Any change in the policy interest rate should be considered only after economic indicators confirm that, for example, the CPI inflation rate has clearly started to rebound and medium-to long-term inflation expectations have risen.
Meanwhile, it was reported that Masato Kanda from the Minister of Finance said officials are ready to intervene to support the currency at any time.
Elsewhere, Hong Kong's Hang Seng dropped 1.2 per cent to 17,815.42,
Ujjivan SFB slumps after trimming FY25 loan growth guidance by 500 bps (24-06-2024)
Ujjivan Small Finance Bank tumbled 5.27% to Rs 45.81 after the bank revised its loan book growth guidance for FY2024-25 downwards to 20% from nearly 25% announced earlier.
Volumes jump at Bajaj Holdings & Investment Ltd counter (24-06-2024)
Bajaj Holdings & Investment Ltd saw volume of 9334 shares by 10:47 IST on BSE, a 10.69 fold spurt over two-week average daily volume of 873 shares
GP Eco Solutions: This SME IPO has zoomed over 300% on debut on the NSE (24-06-2024)
GP Eco Solutions made a stellar stock market debut, with its shares got listed at Rs 375, a whopping 299% against its issue price of Rs 94 per share on the NSE.
Bond investors positioned for India’s index inclusion: Morgan Stanley (24-06-2024)
India's index-eligible bonds have attracted $10 billion since the inclusion was announced in September
Board of Titan Company announces changes in senior management roles (24-06-2024)
Saumen Bhaumik, currently the CEO of EyeCare Division of the Company will take over the position of Managing Director of CaratLane Trading (CaratLane), Subsidiary of the Company where Titan holds 99.99%.
Hero MotoCorp hikes prices of motorcycles and scooters (24-06-2024)
Hero MotoCorp announced increase in prices for select motorcycles and scooters with effect from 1 July 2024.
18th Lok Sabha session kicks off today with oath-taking ceremony (24-06-2024)
Senior BJP leader Bhartruhari Mahtab, appointed as the Protem Speaker, will administer the oaths. The election for the permanent Lok Sabha Speaker is scheduled for Wednesday, 26 June 2024.
Nifty below 23,450 mark; media shares under pressure (24-06-2024)
At 10:30 ST, the barometer index, the S&P BSE Sensex, was down 172.26 points or 0.22% to 77,037.64. The Nifty 50 index shed 54.80 points or 0.23% to 23,446.30.
Lupin gains on receiving EIR from USFDA for New Jersey facility (24-06-2024)
Lupin rose 1.11% to Rs 1,577 after the company announced that it has received an Establishment Inspection Report (EIR) from the United States Food and Drug Administration (USFDA) for its manufacturing facility in Somerset at New Jersey.