Posts in category Business Standard
China Market recovers 0.6% (28-03-2024)
At close of trade, the benchmark Shanghai Composite index advanced by 0.59%, or 17.52 points, to 3,010.66. The Shenzhen Composite Index, which tracks stocks on China's second exchange, rose by 1.72%, or 29.36 points, to 1,732.61. The blue-chip CSI300 index jumped by 0.52%, or 18.18 points, to 3,520.97.
Singapore Market falls 0.85% (28-03-2024)
All eyes will be on the Fed's preferred inflation gauge- the so-called core personal consumption expenditures (PCE) price index data, due on Friday. Any negative surprises could further blur the U.S. rate cuts picture.
Mukka Proteins consolidated net profit declines 53.75% in the December 2023 quarter (28-03-2024)
Sales rise 28.11% to Rs 501.66 crore
Non-food bank credit registered growth of 16.5% in February 2024 (28-03-2024)
RBI released today data on sectoral deployment of bank credit for the month of February 20241 collected from 41 select scheduled commercial banks, accounting for about 95 per cent of the total non-food credit deployed by all scheduled commercial banks. On a year-on-year (y-o-y) basis, non-food bank credit registered a growth of 16.5 per cent in February 2024 as compared with 15.9 per cent a year ago.
Euro Near One-Month Low Against Dollar; German Retail Sales Disappoints (28-03-2024)
Euro fell to near one-month low on Thursday tracking massive gains in greenback coupled with weaker than expected German retail sales that added to further concerns regarding health of the economy. Germany's retail sales dropped 1.9% from January. On a yearly basis, retail sales decreased 2.7% in real terms. Data showed that Food sales were down 1.7% from the previous month and non-food retailing drifted lower by 1%. Meanwhile, dollar index is staying put just above 104 mark on Thursday awaiting further cues from crucial data ahead. Investors are cautiously awaiting the upcoming US PCE price index report, a key inflation gauge for the Federal Reserve, which could impact monetary policy outlook. Fed Governor Christopher Waller said on Wednesday that the central bank could hold off on cutting interest rates amid strong inflation data. Feds Christopher Waller said that there is no rush to cut the policy rate based on additional economic data over the past month that has reinforced this .
Board of Indian Oil revises cost of Cauvery Basin Refinery and Petrochemicals project (28-03-2024)
At meeting held on 28 March 2024
Nifty April futures trade at premium (28-03-2024)
HDFC Bank, Reliance Industries and ICICI Bank were the top traded contracts.
Bajaj Finance rallies on buzz arm may go public (28-03-2024)
Bajaj Finance advanced 3.09% to Rs 7,240.35 as the NBFC's subsidiary, Bajaj Housing Finance, is anticipated to launch an initial public offering by the end of 2024.
Quick Wrap: Nifty PSU Bank Index gains 2.62% (28-03-2024)
Powered by Capital Market - Live News
Sensex climbs 655 pts; Nifty tops 22,300; PSU Banks rally (28-03-2024)
As per provisional closing data, the barometer index, the S&P BSE Sensex jumped 655.04 points or 0.90% to 73,651.35. The Nifty 50 index gained 203.25 points or 0.92% to 22,326.90.