Century Textiles and Industries jumped 4.87% to Rs 2202.90 after the company said that its wholly owned subsidiary Birla Estates has acquired a 5-acre land parcel in Sector 71, Gurugram.
Posts in category Business Standard
INR near record low, NIFTY hits fresh high (16-07-2024)
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Nifty Microcap 250 surges 29% in 2024, outruns mid, smallcap indices (16-07-2024)
The rally in microcap stocks, according to Devarsh Vakil, Deputy Head of Retail Research, HDFC Securities, has been on the back of growth in earnings in a lot of these companies
Vedanta launches QIP at floor price of Rs 461.26/sh (16-07-2024)
Vedanta announced that its board approved the opening of issue of qualified institutional placement (QIP) of equity shares with the floor price of Rs 461.26 per share.
India implements uniform IGST of 5% on all aircraft and aircraft engine parts (16-07-2024)
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Sensex gains 199 pts; metal shares shine (16-07-2024)
At 11:28 IST, the barometer index, the S&P BSE Sensex, was up 199.24 points or 0.25% to 80,864.10. The Nifty 50 index rose 66.70 points or 0.27% to 24,653.40.
US Stocks Upbeat; Dow, S&P Hit Fresh Closing Highs (16-07-2024)
US Equities stayed upbeat on Monday and rose toward all-time highs as anticipated market volatility did not occur after Donald Trumps assassination attack increased his chances of winning the White House. Optimism about interest rate cuts by the Fed, and rising prospects of former President Donald Trump winning the upcoming presidential elections rendered the mood positive on Wall Street. Powell said on Monday that recent data add somewhat to confidence that inflation is returning to target and that the central bank will not wait until inflation hits 2% before cutting rates.
MTNL stock hits 13-year high, up 31% in 4 days; check why (16-07-2024)
Reports claim that the government was considering the option of handing over operations of MTNL to BSNL through an agreement, instead of pursuing a merger route.
Spicejet rallies after Q4 PAT zooms to Rs 119 cr in FY24 (16-07-2024)
Spicejet jumped 5.42% to Rs 58.92 after the company reported standalone net profit of Rs 119 crore in Q4 FY24, steeply higher than Rs 16.85 crore posted in Q4 FY23.
Government of India announces the sale of two dated securities for a notified amount of Rs 31,000 crore (16-07-2024)
The Government of India (GoI) has announced the sale (issue/ re-issue) of (i) 7.10% GS 2034 for a notified amount of Rs 20,000 crore and (ii) 7.46% GS 2073 for a notified amount of Rs 11,000 crore. The auction will be conducted using multiple price method. Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on July 19, 2024 (Friday). GoI will have the option to retain additional subscription up to ₹2,000 crore against each security mentioned above.