According to a Reuters report, tea prices have been soaring and are expected to stay high as heatwaves and floods during the peak harvesting season slash output in key producing regions
Posts in category Business Standard
Speculators Slightly Reduce Net Long Position In US Dollar Index (09-07-2024)
Large currency market speculators in the US dollar futures slightly 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 16582 contracts in the data reported through July 02, 2024, still staying at its highest level since December 2023. This was a marginal weekly decline of 940 net long contracts.
Kharif acreage up 14% on year, good gains in area under pulses, rice and oilseeds (09-07-2024)
Powered by Capital Market – Live News
Inox Wind gains on bagging 200-MW order (09-07-2024)
Inox Wind gained 2.31% to Rs 161.95 after the wind energy solutions provider has bagged an order for 200 megawatt (MW) from a renewable C&I power producer.
G M Breweries standalone net profit rises 25.26% in the June 2024 quarter (09-07-2024)
Sales rise 3.77% to Rs 152.40 crore
Market near days high; VIX jumps over 3%; PSU bank shares rally (09-07-2024)
At 12:25 IST, the barometer index, the S&P BSE Sensex, was up 288.6 points or 0.37% to 80,254.66. The Nifty 50 index added 70.60 points or 0.29% to 24,391.15.
TCS Q1 Preview: Margin pressure to weigh; net profit may rise 6-9% (09-07-2024)
Tata Consultancy Services (TCS) is expected to register a single-digit growth in revenue and profit for the April-June quarter of fiscal year 2024-25 (Q1FY25)
Board of Kalpataru Projects International approves increase in limit of NCD issuance up to Rs 1600 cr (09-07-2024)
At meeting held on 09 July 2024
Harrisons Malayalam Ltd leads gainers in ‘B’ group (09-07-2024)
Rossell India Ltd, Kellton Tech Solutions Ltd, Jay Shree Tea & Industries Ltd and Chamanlal Setia Exports Ltd are among the other gainers in the BSE’s ‘B’ group today, 09 July 2024.
Public sector banks on a roll: IOB, Central Bank zoom up to 9% on July 9 (09-07-2024)
PSB shares: The Nifty PSU Bank index was trading as the top sectoral gainer on the NSE