Posts in category Business Standard
Krystal Integrated Services IPO ends with decent subscription (19-03-2024)
The offer received bids for 3.96 crore shares as against 29.99 lakh shares on offer.
KIOCL upgrades filtration system at pellet plant unit in Mangalore (19-03-2024)
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Euro Lingers Near One-Week Low Against Dollar; FOMC In Focus (19-03-2024)
Euro is staying near a one-week low against the dollar on Tuesday as massive strength in greenback ahead of FOMC this week is adding pressure on peer currencies. US benchmark treasury yields at 4.3% and dollar index at 103.63 are marching forward as sticky inflation scenario in US as shown by recent data is reducing possibility of a near time rate cut. EURUSD pair is quoting at $1.0884, down 0.25% on the day. Data from Eurozone docket today showed German ZEW Economic Sentiment Index jumped from 19.9 in February to 31.7 in March. The market forecast a reading of 20.5. However, the Current Situation Index improved from -81.7 to -80.5 in the reported month, beating estimates of -82.0. The Eurozone ZEW Economic Sentiment Index came in at 33.5 in the same period, notably higher than the February reading of 25.0. The data surpassed the market expectations of 25.4. Meanwhile, on the NSE, EURINR futures are quoting at 90.08, down 0.35% on the day.
Nifty March futures trade at premium (19-03-2024)
Tata Consultancy Services (TCS), HDFC Bank and Indus Towers were the top traded contracts.
Lloyd introduces new range of air conditioners (19-03-2024)
Also introduces new range of refrigerators, washing machines and Google QLED TV
Quick Wrap: Nifty IT Index declines 2.90%, NIFTY Tumbles 1.08% (19-03-2024)
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Dr Reddy’s Labs launches Versavo drug in UK (19-03-2024)
Dr Reddy's Laboratories said that it has launched Versavo in the United Kingdom (UK) for the treatment of several types of cancers.
Manappuram Finance board OKs raising upto Rs 6,000 cr (19-03-2024)
Manappuram Finance informed that its board has approved fund-raising for FY 2024-25, which includes issuance of redeemable non-convertible debentures (NCDs) upto the overall limit of Rs 6,000 crore.
Market ends with major losses; Nifty settles below 21,850 mark; TCS slumps 4.03% (19-03-2024)
As per provisional closing data, the barometer index, the S&P BSE Sensex, tumbled 736.37 points or 1.01% to 72,012.05. The Nifty 50 index declined 238.25 points or 1.08% to 21,817.45.
CAMS to unveil new office at GIFT City (19-03-2024)
The company said, "While we continue serving our 15+ clients from our current facility at GIFT city, the new office will be unveiled soon with our
expanded staff."