Posts in category Business Standard
Gold rises Rs 230, silver unchanged; precious metal trading at Rs 74,500/kg (07-02-2024)
The price of 22-carat gold jumped Rs 250 with the yellow metal selling at Rs 58,000.
Angel One spurts as client base climbs 58% YoY in January (07-02-2024)
Angel One rallied 6.04% to Rs 3,318 after the brokerage company's client base surged 58.49% to 20.43 million in January 2024 as against 12.89 million in January 2023.
Pound Strengthens Footing Above $1.26 Mark As Dollar Takes A Breather; GBPINR Futures In Positive (07-02-2024)
UKs pound edges higher against dollar on Wednesday morning giving back some of its recent losses and recovering from an eight week low. GBPUSD is quoting at $1.2605, up 0.08% on the day and regaining momentum back above $1.26 mark. Lack of any major data from US led a slight pullback in greenback and treasury yields alike, in turn supporting peer currencies. The dollar index shot up to a near three month high following robust jobs data and Fed Powells comments that reduced possibility of an early Federal rate cut. The dollar index is taking a breather under 104 mark, awaiting further cues on Federal stance. Meanwhile, on the NSE, GBPINR erased its initial spike, gained on the back of pound strength overnight and is currently quoting at 104.69, up 0.38% on the day. The pair touched an intraday high of 104.80.
Nifty trades near 22,000 Level; PSU Bank shares in demand (07-02-2024)
At 10:26 IST, the barometer index, the S&P BSE Sensex, was up 188.90 points or 0.26% to 72,347.99. The Nifty 50 index added 69.60 points or 0.32% to 21,999.
Godawari Power soars after receiving environment clearance for pellet plan expansion (07-02-2024)
Godawari Power & Ispat jumped 5.61% to Rs 804.30 after the company informed about the grant of environment clearance for expansion of iron ore pelletization plant from 2.7 million tonnes capacity (MTPA) to 4.7 MTPA.
Berger Paints Q3 PAT climbs 49% YoY to Rs 300 cr (07-02-2024)
Berger Paints India reported 49.21% jump in consolidated net profit to Rs 300.16 crore in Q3 FY24 as against Rs 201.17 crore posted in Q3 FY23.
SBI rallies 3%, hits all-time high on positive medium-term outlook (07-02-2024)
SBI news: Among PSU banks, SBI has a healthy provision coverage ratio (PCR), adequate capitalisation, a strong liability franchise, and an improving asset quality outlook
Utilties shares gain (07-02-2024)
Utilties stocks were trading in the positive zone, with the S&P BSE Utilities index rising 39.8 points or 0.73% at 5477.47 at 09:47 IST.
Financials stocks edge higher (07-02-2024)
Financials stocks were trading in green, with the S&P BSE Financial Services index increasing 73.54 points or 0.72% at 10245.13 at 09:47 IST.
Real Estate stocks edge higher (07-02-2024)
Real Estate stocks were trading in green, with the S&P BSE Realty Index index increasing 155.62 points or 2.28% at 6993.78 at 09:47 IST.