Posts in category Business Standard
Sensex slumps 906 pts; Nifty sinks below 22,000; VIX surges 5.82% (13-03-2024)
As per provisional closing data, the barometer index, the S&P BSE Sensex tanked 906.07 points or 1.23% to 72,761.89. The Nifty 50 index dropped 338.00 points or 1.51% to 21,997.70.
Australia Market climbs 0.22% (13-03-2024)
At closing bell, the benchmark S&P/ASX200 index was up 16.92 points, or 0.22%, to 7,729.44. The broader All Ordinaries index grew 16.51 points, or 0.21%, to 7 989.53.
Pound Struggles To Recover Above $1.28 Mark; UK Economy Returns To Growth (13-03-2024)
UK pound is steadying slightly below $1.28 on Wednesday after dollar raced in the previous session following firm US inflation reading that drove treasury yields and greenback alike. Besides, improving economic prospects in UK alongside cooling labor market are increasing probability of BoE reducing interest rates faster than expected, weighing on the counter. British GDP expanded by 0.2% month-on-month in January following a 0.1% decline in December. UK production output growth is estimated to have fallen by 0.2% in the three months to January 2024 when compared with the three months to October 2023. Monthly production output was estimated to have fallen by 0.2% in January 2024; this follows a rise 0.6% in December 2023. GBPUSD is currently quoting at $1.2784, marginally lower on the day. Meanwhile, on the NSE, GBPINR futures gave up 106 levels during the day and are currently down marginally at 105.90.
Shriram Properties launches residential project in Bengaluru (13-03-2024)
The project is being developed under the joint development model, with an aggregate saleable area of around 5.0 lakh square feet. This 400+ unit Balinese-themed project, characterized by its tranquil and harmonious ambience, prioritizes open spaces, encompassing over 70% of the total area.
Japan Nikkei falls on BoJ policy tweak woes (13-03-2024)
Investors are also paying close attention to the Bank of Japans policy meeting next week, with growing speculation it could end its negative interest rate policy.
Railtel Corporation of India Ltd leads losers in ‘A’ group (13-03-2024)
Paisalo Digital Ltd, Swan Energy Ltd, Rites Ltd and Indiabulls Housing Finance Ltd Partly Paidup are among the other losers in the BSE's 'A' group today, 13 March 2024.
Bear Hammering: Paytm, Adani Power among 1,010 stocks at lower circuit (13-03-2024)
As many as 1,010 stocks were locked at their respective lower circuit on the BSE in late noon deals on Wednesday amid the broader market sell-off.
Cressanda Railway Solutions Ltd leads losers in ‘B’ group (13-03-2024)
Rajnish Wellness Ltd, India Pesticides Ltd, Hilton Metal Forging Ltd and SignatureGlobal India Ltd are among the other losers in the BSE's 'B' group today, 13 March 2024.
Nifty breaches 22,000 level, broader mkt fall continues (13-03-2024)
At 14:29 IST, the barometer index, the S&P BSE Sensex tanked 993.76 points or 1.35% to 72,674.20. The Nifty 50 index dropped 364.55 points or 1.63% to 21,971.15.
RVNL bags LoA from MPPKVVCL worth Rs 106 cr (13-03-2024)
Rail Vikas Nigam (RVNL) announced that it has received a letter of award (LoA) from Madhya Pradesh Paschim Kshetra Vidyut Vitran Company (MPPKVVCL) to install new 11 KV line in Jhabua division.