Sales reported at Rs 2.51 crore
Posts in category Business Standard
R S Software (India) consolidated net profit rises 206.00% in the June 2024 quarter (09-07-2024)
Sales rise 69.22% to Rs 18.75 crore
INR Stayed In Narrow Range; All Eyes On Powell’s Testimony (09-07-2024)
The Indian rupee inched up one paisa at 83.49 (provisional) against the US dollar on Tuesday as gains from strong domestic equities and sliding global crude prices were negated by a surging greenback overseas. Dollar stayed cautiously higher awaiting better clarity from US Federal Reserve (Fed) Chairman Jerome Powell, who will deliver a testimony at the Congressional Financial Committee on monetary policy and the US economy. Meanwhile, Indian shares continued their upward momentum on Tuesday. The benchmark 30-share BSE Sensex rose 391 points, or 0.49 percent, to 80,351 amid buying in blue-chip stocks. The broader NSE Nifty hit a new high of 24,443 before finishing up 112 points, or 0.46 percent, at 24,433. At the interbank foreign exchange market, the rupee started slightly up at 83.49 and hit an intra-day high of 83.47 and a low of 83.51 against the American currency during the session. It finally settled at 83.49 against the dollar, registering a gain of one paisa over the …
Nifty scales new high, auto stocks lead rally (09-07-2024)
The domestic stock market advanced today, with the Nifty50 decisively breaching the 24,400 level. Sectors like autos, consumer durables, and pharma fueled the rally. This positive sentiment was bolstered by strength in other Asian markets. All eyes are now on the upcoming Q1 earnings season, kicking off this week, and the budget on July 23rd, which could provide further direction for the market.
Investors shift to Singapore Exchange after RBI’s curbs on rupee futures (09-07-2024)
The Reserve Bank of India has been seeking to increase the volume of rupee derivatives traded in the local market relative to offshore, which helps them have more control over the currency
Australian Stocks End Higher (09-07-2024)
Banks outperformed, with Commonwealth Bank of Australia rising 1.8 percent to a record high. Buy now-pay later firm Zip gained 4.3 percent and telecom firm Telstra advanced 2.2 percent.
G.M. Breweries records 25% YoY rise in Q1 PAT (09-07-2024)
G.M. Breweries has reported 25% rise in net profit to Rs 24.94 crore in Q1 FY25 from Rs 19.91 crore in Q1 FY24.
Nikkei Gains 1.96% To Hit Record High (09-07-2024)
Investors expect the upcoming U.S. earnings season to be a good one, with top banks JPMorgan, Citigroup and Wells Fargo due to report their quarterly results on Friday.
Nifty July futures trade at premium (09-07-2024)
The NSE’s India VIX gained 3.18% to 14.06.
Pound Speculators Net Longs At Three And Half Month High (09-07-2024)
Large currency speculators sharply increased net long position in the Pound futures to their highest level in over three months, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Pound futures, traded by large speculators and hedge funds, totaled a net long position of 62041 contracts in the data reported through July 02, 2024. This was a weekly increase of 17993 net contracts.