Posts in category Business Standard
Tracxn Technologies Ltd leads losers in ‘B’ group (01-02-2024)
Naksh Precious Metals Ltd, Ausom Enterprise Ltd, 3i Infotech Ltd and Growington Ventures India Ltd are among the other losers in the BSE's 'B' group today, 01 February 2024.
Nifty below 21,750; Realty shares decline (01-02-2024)
At 14:30 IST, the barometer index, the S&P BSE Sensex, was down 33.95 points or 0.05% to 71,718.16. The Nifty 50 index shed 4.70 points or 0.02% to 21,721.
UK Pound Lingers Near 2-Week Low Ahead Of BoE Policy Outcome; GBPINR Eyes Break Below 105 Mark (01-02-2024)
UK pound is maintaining negative bias at around two week low against the dollar ahead of BoE monetary policy outcome later today. Any dovish tone from the Britain central bank at a time when Fed out rightly dismisses a rate cut anytime soon would lead the pound tumbling sharply lower. Powell dismissing a Federal rate cut anytime soon is keeping dollar firm, in turn adding pressure on pound alongside other peer currencies. The dollar index is holding firmly at a seven week high at 103.58 following Federal Reserve announcement to maintain interest rates at current higher levels. The Fed also said it does not expect it will be appropriate to lower rates until it has gained greater confidence that inflation is moving sustainably toward 2 percent. Powell reiterated in his post-meeting press conference and said he doesn't think it's likely the central bank will reach that level of confidence by the time of the March meeting. GBPUSD is quoting at $1.2656, down almost half a percent on the ..
Aurobindo Pharma sinks 10% as formulation unit undergoes US FDA inspection (01-02-2024)
The inspection is under progress from January 22, 2024 and has not been concluded yet. Eugia Pharma is the company's injectables arm
Volumes soar at Pfizer Ltd counter (01-02-2024)
Pfizer Ltd recorded volume of 2.03 lakh shares by 14:14 IST on NSE, a 12.3 times surge over two-week average daily volume of 16518 shares
Capital Goods shares fall (01-02-2024)
Capital Goods stocks were trading in the negative zone, with the S&P BSE Capital Goods index falling 694.91 points or 1.23% at 55994.92 at 13:48 IST.
Telecom stocks edge lower (01-02-2024)
Telecom stocks were trading in red, with the S&P BSE Telecommunication index decreasing 35.87 points or 1.48% at 2386.54 at 13:48 IST.
Real Estate stocks edge lower (01-02-2024)
Real Estate stocks were trading in red, with the S&P BSE Realty Index index decreasing 93.78 points or 1.39% at 6672.63 at 13:48 IST.
Bonds in India rally as interim Budget surprises with lower borrowings (01-02-2024)
Bonds also got a boost from a reduction in the government's fiscal deficit target to 5.1 per cent of gross domestic product versus an estimate of 5.3 per cent in the survey
Indices trade with minor losses; Nifty slides below 21,700 (01-02-2024)
At 13:30 IST, the barometer index, the S&P BSE Sensex, was down 155.23 points or 0.22% to 71,596.88. The Nifty 50 index shed 33.25 points or 0.15% to 21,692.45.