Posts in category Business Standard
DXY Futures Below 104 Mark; Fed Powell stands Mid-way On Rate Cuts (04-04-2024)
US Federal Reserve Chair Jerome H. Powell stated in his speech on Wednesday that outlook is still quite uncertain, and we face risks on both sides. He said that reducing rates too soon or too much could result in a reversal of the progress we have seen on inflation and ultimately require even tighter policy to get inflation back to 2 percent. However he also emphasized that easing policy too late or too little could unduly weaken economic activity and employment. Thus as conditions evolve, monetary policy is well positioned to confront either of these risks, he added. The dollar index that measures the greenback against a basket of currencies is quoting on the sidelines below 104 mark awaiting further cues from Fridays non-farm data.
Angel One client base increases to 22.24 million in Mar’24 (04-04-2024)
Average daily order decline 10.6% on MoM basis
Volumes jump at K E C International Ltd counter (04-04-2024)
K E C International Ltd witnessed volume of 2.31 lakh shares by 10:46 IST on BSE, a 17.26 times surge over two-week average daily volume of 13380 shares
HDFC Bank reports over 7% QoQ growth in deposits in Q4FY24; stock zooms 3% (04-04-2024)
The bank said its total deposits stood at Rs 23.8 trillion at the end of the March quarter
DMart hits 52 week high as revenue jumps 20% YoY in Q4 FY24 (04-04-2024)
Avenue Supermarts (DMart) rallied 4.11% to Rs 4,643.10 after the company announced that the total number of DMart stores as of 31 March 2024 stood at 365.
Market erases early gains; pharma shares decline (04-04-2024)
At 10:27 IST, the barometer index, the S&P BSE Sensex, was down 13.2 points or 0.02% to 73,857.90. The Nifty 50 index shed 12 points or 0.05% to 22,429.35.
Market erase early gains; pharma shares decline (04-04-2024)
At 10:27 IST, the barometer index, the S&P BSE Sensex, was down 13.2 points or 0.02% to 73,857.90. The Nifty 50 index shed 12 points or 0.05% to 22,429.35.
AU Bank surges after deposits rise 26% YoY in Q4; total loan book at Rs 82,175 crore (04-04-2024)
AU Small Finance Bank jumped 4.64% to Rs 633.30 after the bank reported 26% increase in total deposits to Rs 87,182 crore as on 31 March 2024 as against Rs 69,365 crore as on 31 March 2023.
Suryoday Small Finance Bank zooms 12% on healthy deposits and disbursements (04-04-2024)
The lender's gross advances stood at Rs 8,650 crore up 14 per cent quarter-on-quarter (q-o-q) and 41 per cent compared to the same period last year
RBL Bank gains after total deposits jumps 22% YoY in Q4 (04-04-2024)
RBL Bank rallied 3.53% to Rs 261.15 after the bank's total deposits jumped 22% to Rs 103,454 crore as on 31 March 2024 from Rs 84,887 crore recorded in 31 March 2023.