Posts in category Business Standard
BSE SME Gconnect Logitech and Supply Chain jumps on debut (03-04-2024)
Shares of Gconnect Logitech and Supply Chain were quoting at Rs 44.10 on the BSE, a premium of 10.25% compared with the issue price of Rs 40.
BSE SME Vruddhi Engineering Works makes a decent listing (03-04-2024)
Shares of Vruddhi Engineering Works were quoting at Rs 74.55 on the BSE, a premium of 6.50% compared with the issue price of Rs 70.
Gensol Engineering hits the roof on recording highest ever revenue (03-04-2024)
Gensol Engineering was locked in an upper circuit of 5% to Rs 948.95 after the company announced that it has recorded the highest ever revenue surpassing Rs 960 crore in the financial year ended on 31 March 2024.
DXY Futures Take A Breather At Around 104.48; All Eyes On ADP Data (03-04-2024)
The dollar index futures are taking a breather on Wednesday morning in Asia from recent high levels near 105 mark, although the index continues to hold close to annual high of 104.85 so far this year. US benchmark treasury yields however still hold high at 4.36% that could drag greenback higher. Currently, the dollar index futures that measure the greenback against a basket of currencies is quoting at 104.48, lower by 0.08% on the day. Continued resilience in the US economy as reinstated by JOTS job openings data that came in at 8.75 million and surpassed 8.74 million in January coupled with US factory orders that climbed more than expected 1.4% in February, recovering from a 3.4% decline in January is reducing the probability of near term Federal rate cuts. This is keeping the greenback at elevated levels. Meanwhile, all eyes are now on ADP non farms data and Powell speech due this week that could determine direction for the US dollar going forward. Fed official Daly reportedly ...
Volumes soar at Tube Investments of India Ltd counter (03-04-2024)
Tube Investments of India Ltd clocked volume of 3.55 lakh shares by 10:46 IST on BSE, a 80.8 times surge over two-week average daily volume of 4388 shares
Market erases early losses, realty shares snap 8-day rally (03-04-2024)
The domestic equity barometers pared all the early losses and traded with small gains in morning trade. The Nifty traded above the 22,450 mark after hitting the days low of 22,346.50 in early trade. Realty shares declined after advancing in the past trading session.
SRM Contractors gains on debut (03-04-2024)
Shares of SRM Contractors were currently trading at Rs 236.20 at 10:29 IST on the BSE, representing a premium of 12.48% as compared with the issue price of Rs 210.
Anupam Rasayan sprints 7% on signing $90-mn LoI with Japanese MNC (03-04-2024)
Anupam Rasayan will be the first company in India to manufacture these key molecules within the country
Hindustan Zinc gains after reporting decent production in Q4 (03-04-2024)
Hindustan Zinc rallied 3.72% to Rs 327.60 after the company announced that its mined metal production stood at 299,000 tonnes in Q4 FY24, registering a growth of 11% QoQ.
Small cap companies set to erase losses sparked by froth warnings (03-04-2024)
A eight-day rally has put the Nifty Smallcap 250 Index on course for reclaiming the Feb. 27 level when the securities regulator flagged the risk of a potential bubble in the smaller companies