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INR Slumps Against US Dollar Ahead Of Local GDP Numbers (31-05-2024)
Powered by Capital Market – Live News
INR Slumps Against US Dollar Ahead Of Local GDP Numbers (31-05-2024)
Powered by Capital Market – Live News
Indices snap 5-day losing streak, Nifty regains 22,500 (31-05-2024)
The domestic stocks finally snapped their losing streak today, clawing back small gains after five days in the red. The Nifty 50 regained the 22,500 mark. Investors seem to be done with pre-election jitters and are now waiting for exit polls to make their next move. Real estate, metals, and state-owned banks were in favor, while media, tech, and healthcare took a hit.
Indices snap 5-day losing streak, Nifty regains 22,500 (31-05-2024)
The domestic stocks finally snapped their losing streak today, clawing back small gains after five days in the red. The Nifty 50 regained the 22,500 mark. Investors seem to be done with pre-election jitters and are now waiting for exit polls to make their next move. Real estate, metals, and state-owned banks were in favor, while media, tech, and healthcare took a hit.
Singapore Exchange Market gains 0.4% (31-05-2024)
At closing bell, the Straits Times Index (STI) index was up 13.21 points, or 0.4% to 3,336.59 after trading between 3,323.20 and 3,336.59. Across the broader market, advancers outpaced decliners 323 to 265, with 2.76 billion securities worth S$4.35 billion changed hands.
Combined index of eight core industries up by 6.2% on year in April 2024 (31-05-2024)
The combined Index of Eight Core Industries (ICI) increased by 6.2 per cent (provisional) in April, 2024 as compared to the Index in April, 2023. The production of Electricity, Natural Gas, Coal, Steel, Refinery Products, Crude Oil and Cement recorded positive growth in April 2024. The final growth rate of the Index of Eight Core Industries for January 2024 is revised to 4.1 per cent. The cumulative growth rate of ICI during 2023-24 reported 7.6 per cent (provisional) as compared to the corresponding period of last year.
Molbio Diagnostics prepares for IPO in FY25 to raise Rs 2,200-2,400 crore (31-05-2024)
Molbio Diagnostics became Goa’s first startup to achieve unicorn status in September 2022 following a Rs 680 crore investment from Temasek and MOPE, plans to launch the IPO in November
Vaishali Pharma reports standalone net loss of Rs 4.68 crore in the March 2024 quarter (31-05-2024)
Sales rise 23.48% to Rs 32.40 crore
Yatra Online standalone net profit declines 71.39% in the March 2024 quarter (31-05-2024)
Sales decline 17.00% to Rs 74.07 crore