Posts in category Business Standard
GEM Enviro IPO opens today; GMP, price band, lot details, analysis here (19-06-2024)
The GEM Enviro IPO subscription period begins today, June 19, 2024, and concludes on June 21, 2024. The allotment of shares is expected to be finalised by Monday, June 24, 2024
US Dollar Index Largely Muted On Soft US Retail Sales (19-06-2024)
The US dollar is staying largely muted on Wednesday morning in Asia following softer than expected US retail sales data that suggests dovish bets on Fed. The US Census Bureau reported May's Retail Sales data growth at a slower pace of 0.1% against the projected 0.2%. Meanwhile, the Federal Reserve released a separate report showing industrial production increased by much more than expected in the month of May. The Fed said industrial production jumped by 0.9 percent in May after coming in unchanged in April. The US dollar index remained on the defensive below 105 mark and in line with US Treasury bond yields that are quoting lower at 4.22%. Currently, the dollar index futures are quoting at 104.90, marginally unchanged on the day. Among the basket currencies, EURUSD and GBPUSD are trading at $1.0783 and $1.2715 respectively. Investors are now focused on weekly jobless claims due Thursday and flash purchasing managers' indexes on Friday for further insights.
GIC Housing Finance announces change in Head HR & Operations (19-06-2024)
Sachin Kumar Deo continues to be the Vice President of the
company and will be reporting to T. Mariraja for the matters relating to HR and Operations department.
Tata Motors to hike CV prices from July 1 (19-06-2024)
The auto major announced that it will increase the price of its commercial vehicles (CVs) up to 2% effective from 1 July 2024.
Govt bonds register marginal dip tracking US peers after soft retail sales (19-06-2024)
US yields eased on Tuesday after data showed retail sales in the world's largest economy was weaker than expected in May
Indian debt expensive but rate cut clarity to trigger more buying: Pictet (19-06-2024)
Pictet, one of Europe's largest fund managers, manages debt worth around $2.67 billion in its local currency emerging market fund
NSE launches Nifty India Tourism Index to track travel & tourism stocks (19-06-2024)
NSE Indices, a subsidiary of the National Stock Exchange (NSE), launched a new thematic index - the Nifty India Tourism Index.
Board of Kriti Nutrients approves investment of Rs 50 cr in Kriti Industries (19-06-2024)
At meeting held on 18 June 2024
Durlax Top Surface SME IPO opens on June 19; check price band, GMP here (19-06-2024)
The IPO subscription period for Durlax Top Surface begins on June 19, 2024 (today), and concludes on June 21, 2024
Craftsman Auto gains on launching QIP; floor price at Rs 4,426.11/share (19-06-2024)
Craftsman Automation added 1.17% to Rs 4,832.05 after its board approved issue equity shares for an amount aggregating up to Rs 1.2 lakh by way of qualified institutions placement (QIP) with a floor price of Rs 4,426.11 per share.