Posts in category Business Standard
Sikka Ports & Terminals standalone net profit declines 21.17% in the December 2023 quarter (20-02-2024)
Sales rise 9.67% to Rs 1217.92 crore
Mohindra Fasteners consolidated net profit declines 21.49% in the December 2023 quarter (20-02-2024)
Sales decline 11.65% to Rs 37.78 crore
Mohindra Fasteners consolidated net profit declines 21.49% in the December 2023 quarter (20-02-2024)
Sales decline 11.65% to Rs 37.78 crore
INR Extends Gains Under 83/$ Mark Amid Massive Strength In Equities (20-02-2024)
The Indian rupee appreciated 6 paise to settle at 82.95 (provisional) against the US dollar on Tuesday, amid robust equity market sentiment and a weak American currency. The benchmark S&P BSE Sensex ended the session up 376.26 points, or 0.52 percent, at 72,426.64, mirroring gains in the global markets. The broader NSE Nifty index settled 129.95 points, or 0.59 percent, higher at 22,040.70. Sharp decline in international crude oil prices also supported the domestic unit although sustained outflow of foreign funds capped a sharp gain in the domestic currency. At the interbank foreign exchange market, the local unit opened at 83.02 and touched the intraday high of 82.91 against the greenback. Meanwhile, dollar index returned mild gains made earlier in the day and is down 0.13% at 104.05 as all eyes are glued to FOMC minutes due this week for further cues. The minutes are expected to provide clarity following higher than expected US CPI and PPI data last week.
INR Extends Gains Under 83/$ Mark Amid Massive Strength In Equities (20-02-2024)
The Indian rupee appreciated 6 paise to settle at 82.95 (provisional) against the US dollar on Tuesday, amid robust equity market sentiment and a weak American currency. The benchmark S&P BSE Sensex ended the session up 376.26 points, or 0.52 percent, at 72,426.64, mirroring gains in the global markets. The broader NSE Nifty index settled 129.95 points, or 0.59 percent, higher at 22,040.70. Sharp decline in international crude oil prices also supported the domestic unit although sustained outflow of foreign funds capped a sharp gain in the domestic currency. At the interbank foreign exchange market, the local unit opened at 83.02 and touched the intraday high of 82.91 against the greenback. Meanwhile, dollar index returned mild gains made earlier in the day and is down 0.13% at 104.05 as all eyes are glued to FOMC minutes due this week for further cues. The minutes are expected to provide clarity following higher than expected US CPI and PPI data last week.
Board of Intelligent Supply Chain Infrastru.Trust recommends final dividend (20-02-2024)
Of Rs 0.8126 per share
Board of Intelligent Supply Chain Infrastru.Trust recommends final dividend (20-02-2024)
Of Rs 0.8126 per share
Singapore Market closes 0.56% higher (20-02-2024)
At closing bell, the Straits Times Index (STI) index was up 18.15 points, or 0.56%, to 3,244.06 after trading between 3,244.06 and 3,219.52. Volume of 1.93 billion shares worth S$978.65 million changed hands. Across the broader market, advancers outpaced decliners 281 to 251.
Singapore Market closes 0.56% higher (20-02-2024)
At closing bell, the Straits Times Index (STI) index was up 18.15 points, or 0.56%, to 3,244.06 after trading between 3,244.06 and 3,219.52. Volume of 1.93 billion shares worth S$978.65 million changed hands. Across the broader market, advancers outpaced decliners 281 to 251.
Cryptoverse: Breezy bitcoin reclaims $1 trillion crown, up 22% this year (20-02-2024)
Its resurgence has electrified the broader cryptocurrency market, including ether and other digital coins, which has now exceeded $2 trillion, as per data from CoinGecko