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India’s Wholesale Price Inflation Accelerates To 3.36% In June (15-07-2024)
The annual rate of inflation based on all India Wholesale Price Index (WPI) number came in at 3.36% (Provisional) for the month of June, as compared with 2.61% in the previous month of May 2024, according to the latest official data. Positive rate of inflation in June, 2024 is primarily due to increase in prices of food articles, manufacture of food products, crude petroleum & natural gas, mineral oils, other manufacturing etc. The month over month change in WPI for the month of June, 2024 stood at 0.39% as compared to May, 2024.
Oriental Carbon & Chemicals Ltd leads gainers in ‘B’ group (15-07-2024)
Dev Information Technology Ltd, Kellton Tech Solutions Ltd, Artemis Medicare Services Ltd and ISMT Ltd are among the other gainers in the BSE’s ‘B’ group today, 15 July 2024.
Government poised to launch Agri Fund for Start-Ups & Rural Enterprises (15-07-2024)
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Geojit Fin Svcs zooms 11% after strong Q1 results; profit surges 107% YoY (15-07-2024)
Geojit Financial Services share price zoomed after the company on Saturday reported a 105 per cent year on year increase in net profits to Rs 45.81
Currency Speculators Marginally Reduce Net Long Position In US Dollar Index (15-07-2024)
Large currency market speculators in the US dollar futures marginally reduced their net long position but still hovering near a six month high, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of US dollar index futures, traded by large speculators and hedge funds, totaled a net position of 16208 contracts in the data reported through July 09, 2024, still staying at its highest level since December 2023. This was a marginal weekly decline of 374 net long contracts.
Godfrey Phillips India Ltd leads gainers in ‘A’ group (15-07-2024)
IFCI Ltd, Tanla Platforms Ltd, MMTC Ltd and JK Tyre & Industries Ltd are among the other gainers in the BSE’s ‘A’ group today, 15 July 2024.
ONGC stock hits new high after a gap of over 10 years; up 39% from June low (15-07-2024)
In the past one year, ONGC share price has outperformed the market by surging nearly 90 per cent as against 21 per cent rally in the benchmark index
Ashok Leyland rises after bagging Rs 981 crore bus supply contract from MSRTC (15-07-2024)
Ashok Leyland gained 1.20% to Rs 227.10 after the company announced that it has bagged single largest fully built bus order from the Maharashtra State Road Transport Corporation (MSRTC) for 2,104 units of Viking passenger bus.
RVNL hits 52-week high on new order win from Central Railways; details here (15-07-2024)
Shares of Rail Vikas Nigam Limited (RVNL) rose as much as 3.26 per cent to hit a fresh 52-week high of Rs 647 per share on Monday