Posts in category Business Standard
Bulls charge: Sensex closes above 80,000 mark as FII funds fuel market rally (04-07-2024)
Domestic markets continued their winning streak for a second day, mirroring positive vibes across Asia. The session started with a bang, echoing the bullish sentiment from the region. While some profit taking emerged at higher levels, leading the benchmarks to settle near flat line with minimal gains. This volatility can be partly attributed to the expiry of weekly index options on the NSE. However, the key takeaway remains impressive - both Sensex and Nifty scaled new highs, comfortably closing above 80,000 and 24,300 respectively. Pharma, healthcare, and IT sectors led the charge. Looking ahead, strong buying from FIIs and a favorable US bond yield environment suggest the bullish trend could persist, despite potential short-term corrections.
Emcure Pharmaceuticals IPO subscribed 4.98 times (04-07-2024)
The offer received bids for 6.81 crore shares as against 1.37 lakh shares on offer.
Bansal Wire Industries IPO subscribed 5.72 times (04-07-2024)
The offer received bids for 12.28 crore shares as against 2.14 crore shares on offer.
Dredging Corp hits the roof on bagging Rs 156-cr order from Cochin Port Authority (04-07-2024)
Dredging Corporation was locked in upper circuit of 5% at Rs 1,337.45 after it received the annual maintenance dredging contract from the Cochin Port Authority worth Rs 156.50 crore with a provision to extend for another one year.
Euro off three week high against US dollar (04-07-2024)
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Nifty July futures trade at premium (04-07-2024)
NSE India VIX slipped 2.65% to 12.86.
Australian Market Gains With Bank And Energy Stocks (04-07-2024)
Australia's trade surplus declined in May as the growth in imports exceeded the increase in exports, official data showed on Thursday.
NSE urges market regulator Sebi to take a ‘fresh view’ on much-delayed IPO (04-07-2024)
Exchange files its reply to Delhi HC on a writ petition on expediting its listing
Japanese Markets Hit Record High (04-07-2024)
The dollar was on the back foot ahead of elections in the U.K. and France, and before the release of key U.S. nonfarm payrolls report, due Friday.
Zydus Life jumps on USFDA nod for BP lowering drug (04-07-2024)
Zydus Lifesciences advanced 3.89% to Rs 1,137.20 after the drug maker received tentative approval from the United States Food and Drug Administration (USFDA) to market Azilsartan Medoxomil tablets.