Posts in category Business Standard
M&M drops after block deals (07-03-2024)
Mahindra & Mahindra dropped 3.73% to Rs 1895.20 following multiple block deals in intraday trade today, 7 March 2024.
UK Pound Holds Near One-Month High Against Dollar; GBPINR Stays Firmly Above 105 Mark (07-03-2024)
UK Pound is seen losing slight momentum by the European session on Thursday but continues to hold around a one-month high against the dollar. The dollar index dropped lower to a month low following Federal Chair Powells statement that it will likely be appropriate for the Fed to begin lowering interest rates at some point this year, although he reiterated committee need greater confidence that inflation is moving sustainably toward 2 percent. Weaker than expected labor market data also weighed on the greenback. The dollar index that measures the greenback against a basket of currencies was quoting at 103.23, down 0.09% on the day. GBPUSD is trading at $1.2735, down marginally after hitting a one-month high of $1.2763 yesterday. Gains in the UK currency came on the back of measures outlined in the United Kingdom budget 2024. Chancellor of the Exchequer Jeremy Hunt announced a two-percentage cut to National Insurance Contributions (NICs), saving the average earner around 450 pounds ...
Pricol Ltd leads losers in ‘A’ group (07-03-2024)
Mahindra & Mahindra Ltd, Jaiprakash Associates Ltd, HBL Power Systems Ltd and Share India Securities Ltd are among the other losers in the BSE's 'A' group today, 07 March 2024.
LTIMindtree appoints Vipul Chandra as CFO (07-03-2024)
LTIMindtree said that its board has approved the appointment of Vipul Chandra as the chief financial officer (CFO) of the company with effect from 25 April 2024.
India roils market with new crackdowns on booming IPO financing, gold (07-03-2024)
Paytm is still down more than 40% since its banking affiliate was barred from adding deposits after people familiar with the matter said it failed to properly vet hundreds of thousands of clients
Tata Motors rises on price hike of CVs from April 1 (07-03-2024)
Tata Motors rallied 2.16% to Rs 1,039.60 after the car maker informed that it will increase the price of its commercial vehicles (CVs) up to 2% effective from 1 April 2024.
U. H. Zaveri Ltd leads losers in ‘B’ group (07-03-2024)
SBFC Finance Ltd, Bengal & Assam Company Ltd, Tasty Dairy Specialities Ltd and Lotus Eye Hospital & Institute Ltd are among the other losers in the BSE's 'B' group today, 07 March 2024.
HUDCO gains after inking MoU with MSEDC (07-03-2024)
Housing & Urban Development Corporation (HUDCO) advanced 2.68% to Rs 201.05 after the firm executed a memorandum of understanding (MoU) with the Maharashtra State Electricity Distribution Company (MSEDC).
Indices turn rangebound; FMCG stocks rise (07-03-2024)
At 14:27 IST, the barometer index, the S&P BSE Sensex, was up 89.89 points or 0.012% to 74,175.88. The Nifty 50 index rose 38.90 points or 0.17% to 22,514.10.
Volumes soar at G R Infraprojects Ltd counter (07-03-2024)
G R Infraprojects Ltd clocked volume of 53.38 lakh shares by 14:14 IST on NSE, a 45.7 times surge over two-week average daily volume of 1.17 lakh shares