Large currency speculators slightly reduced net long position in the Pound futures, 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 47,621 contracts in the data reported through June 18, 2024. This was a weekly fall of 4500 net contracts.
Posts in category Business Standard
Tech Mahindra Ltd soars 0.76%, up for fifth straight session (25-06-2024)
Tech Mahindra Ltd is quoting at Rs 1412.4, up 0.76% on the day as on 12:44 IST on the NSE. The stock is up 27.03% in last one year as compared to a 26.5% jump in NIFTY and a 23.22% jump in the Nifty IT.
Intellect Design gains on 7-yr deal from Canada-based firm (25-06-2024)
Intellect Design Arena advanced 1.11% to Rs 1,080 after it received a seven-year deal will from Canada-based Vancity for eMACH.ai composed digital transformation.
Muthoot Capital initiates IRDAI Corporate Agent registration; stock up 5% (25-06-2024)
The uptick in the stock price came after Muthoot Capital announced that the board has approved the initiation of Registration as Corporate Agents with IRDAI
Jubilant Pharmova arm prepays term loan of Rs 626 crore (25-06-2024)
Jubilant Pharmova announced that its subsidiary, Jubilant Pharma Holdings Inc., USA (JPHI) has completed the voluntary prepayment of $75 million term loan, equivalent to Rs 626 crore.
Sensex climbs 365 pts; realty shares under pressure (25-06-2024)
At 12:30 IST, the barometer index, the S&P BSE Sensex, was up 364.71 points or 0.47% to 77,705.79. The Nifty 50 index added 84.70 points or 0.36% to 23,622.55. The Nifty Bank clocked an all-time high of 52,279.75 in mid-morning trade.
Sensex climbs 365 pts; realty shares under pressure (25-06-2024)
At 12:30 IST, the barometer index, the S&P BSE Sensex, was up 364.71 points or 0.47% to 77,705.79. The Nifty 50 index added 84.70 points or 0.36% to 23,622.55. The Nifty Bank clocked an all-time high of 52,279.75 in mid-morning trade.
Current Account Balance Records Surplus Of US$5.7 Billion In Q4FY24 (25-06-2024)
India’s current account balance recorded a surplus of US$ 5.7 billion (0.6 per cent of GDP) in Q4:2023-24 as against a deficit of US$ 8.7 billion (1.0 per cent of GDP) in Q3:2023-241 and US$ 1.3 billion (0.2 per cent of GDP) a year ago [i.e., Q4:2022-23]. The merchandise trade deficit at US$ 50.9 billion in Q4:2023-24 was lower than US$ 52.6 billion a year ago.
Jindal Photo Ltd leads gainers in ‘B’ group (25-06-2024)
Jindal Poly Investment & Finance Company Ltd, Somi Conveyor Beltings Ltd, Atul Auto Ltd and Meera Industries Ltd are among the other gainers in the BSE’s ‘B’ group today, 25 June 2024.
Hitachi Energy surges 5% on bagging new work order worth Rs 790 cr (25-06-2024)
Hitachi Energy’s shares zoomed up to 5.3 per cent at Rs 12,220 per share on the BSE in Tuesday’s intraday trade