Mindspace Business Parks REIT raises Rs 650 crore from the World Bank’s International Finance Corporation

The offer received bids for 2.01 crore shares as against 3.93 crore shares on offer.

The Indian rupee added further gains on Tuesday, registering an appreciated of 3 paise against the US dollar, tracking a firm trend in domestic equities amid stable global crude oil prices. Indian shares hit fresh record highs on Tuesday, with private banks leading the surge. The benchmark S&P/BSE Sensex ended the session up 712 points, or 0.92 percent, at 78,053, after having hit a fresh record high of 78,165 earlier in the session. Likewise, the broader NSE Nifty50 touched a record high of 23,754 before closing at 23,721, up 183 points, or 0.78 percent, from its previous close. RBI data showed India’s current account balance recorded a surplus of $5.7 billion, or 0.6 percent of GDP in the January-March 2024 quarter, driven by a lower merchandise trade deficit. However, a strengthening American currency in the overseas market weighed on the local unit and restricted the up move. At the interbank foreign exchange market, the local unit opened at 83.46 and hit the intraday high ..

Large currency speculators in the Euro futures market further reduced their net long position, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Euro futures, traded by large speculators and hedge funds, totaled a net long position of 7951 contracts in the data reported through June 18, 2024. This was a weekly drop of 35693 net contracts.

The benchmark S&P/ASX 200 rallied 1.36 percent to 7,838.80 while the broader All Ordinaries index closed up 1.28 percent at 8,076.90.