Posts in category Business Standard
Patanjali Foods sheds 5% on SC notice to promoter firm for misleading advts (28-02-2024)
The Supreme Court on Tuesday issued a contempt notice to Patanjali Ayurved and its MD Acharya Balakrishna for flouting earlier orders by continuing to propagate misleading claims via advertisements.
Utilties stocks edge lower (28-02-2024)
Utilties stocks were trading in red, with the S&P BSE Utilities index decreasing 123.3 points or 2.22% at 5430.23 at 13:46 IST.
Power stocks edge lower (28-02-2024)
Power stocks were trading in red, with the S&P BSE Power index decreasing 120.77 points or 1.81% at 6559.92 at 13:46 IST.
Real Estate stocks edge lower (28-02-2024)
Real Estate stocks were trading in red, with the S&P BSE Realty Index index decreasing 183.43 points or 2.5% at 7154.07 at 13:46 IST.
Balaxi Pharma edges higher after board approves stock split proposal (28-02-2024)
Balaxi Pharmaceuticals added 1.10% to Rs 626.75 after the company said that its board has approved the proposal for sub-division/ split of equity shares of the company in the ratio of 1:5.
State Bank of India down for fifth straight session (28-02-2024)
State Bank of India is quoting at Rs 743.2, down 0.89% on the day as on 13:19 IST on the NSE. The stock jumped 38.48% in last one year as compared to a 25.94% rally in NIFTY and a 13.15% spurt in the Nifty Bank index.
Market at day’s low; Sensex slumps 615 pts; Bajaj Auto slips 3.79% (28-02-2024)
At 13:27 IST, the barometer index, the S&P BSE Sensex, tumbled 615.43 points or 0.84% to 72,479.79. The Nifty 50 index declined 208.70 points or 0.94% to 21,989.65.
UK Pound Stays Pressured Below $1.2650 As Dollar Regains Momentum (28-02-2024)
UK pound is staying pressured against the dollar on Wednesday amid recovery in dollar index ahead of crucial US inflation slated for the week. Personal Consumption Expenditures (PCE) figures from January and Gross Domestic Product (GDP) revisions from Q4 are keenly awaited. The dollar index that measures the greenback against a basket of currencies is quoting at 104.01, up 0.24% on the day, weighing down peers currencies. GBPUSD pair is currently quoting lower by 0.28% on the day at $1.2646. Meanwhile, Bank of England's (BoE) Catherine Manns speech later in the day is also likely to provide cues for the pair. Bank of England (BoE) Deputy Governor Dave Ramsden said on Tuesday that inflationary pressures persisted, and he needed more data about how long they were expected to last before changing the BoE's policy stance. On the NSE, GBPINR futures are trading at 105.02, down 0.17% on the day.
Bajaj Healthcare soars after signing deal for supply of 15 APIs with UK/EU customers (28-02-2024)
Bajaj Healthcare surged 11.13% to Rs 356.05 after the company announced that it has entered into a definitive CDMO agreement with esteemed UK/EU based customers for the supply of 15 active pharmaceutical ingredients (APIs).
NMDC reports accident at construction site at Kirandul complex (28-02-2024)
Though rescue operations were immediately initiated, 4 contractual workmen could not be rescued alive. Two other contractual workmen who sustained injuries during this incident are being treated at the NMDC Hospital and now out of harms way.