Posts in category Business Standard
Muthoot Microfin IPO to open on Dec 18 at price band of Rs 277-291 (13-12-2023)
The funds are expected to augment the capital base of the company. Out of the total, the company plans to raise Rs 760 crore through the sale of fresh equity and Rs 200 crore via Offer for Sale
Stock markets settle marginally higher on late buying; L-T, RIL advance (13-12-2023)
Benchmark equity indices Sensex and Nifty eked out gains on Wednesday following late buying in capital goods, auto and energy shares as investors adopted a cautious approach ahead of the US Fed interest rate decision to be announced later in the day.
The 30-share BSE Sensex advanced 33.57 points or 0.05 per cent to settle at 69,584.60, driven by late buying. During the day, it fell 450.47 points or 0.64 per cent to 69,100.56.
The Nifty gained 19.95 points or 0.10 per cent to 20,926.35.
Among the Sensex firms, NTPC, Power Grid, Mahindra & Mahindra, Larsen & Toubro, Sun Pharma, State Bank of India, Titan and Tata Steel were the major gainers.
Tata Consultancy Services, Infosys, Axis Bank, Bajaj Finserv, UltraTech Cement and Bajaj Finance were the major laggards.
In Asian markets, Seoul, Shanghai and Hong Kong settled lower while Tokyo ended in the positive territory.
European markets were trading with gains. The US markets ended in the positive territory on Tuesday.
Global oil ..
Stock markets settle marginally higher on late buying; L-T, RIL advance (13-12-2023)
Benchmark equity indices Sensex and Nifty eked out gains on Wednesday following late buying in capital goods, auto and energy shares as investors adopted a cautious approach ahead of the US Fed interest rate decision to be announced later in the day.
The 30-share BSE Sensex advanced 33.57 points or 0.05 per cent to settle at 69,584.60, driven by late buying. During the day, it fell 450.47 points or 0.64 per cent to 69,100.56.
The Nifty gained 19.95 points or 0.10 per cent to 20,926.35.
Among the Sensex firms, NTPC, Power Grid, Mahindra & Mahindra, Larsen & Toubro, Sun Pharma, State Bank of India, Titan and Tata Steel were the major gainers.
Tata Consultancy Services, Infosys, Axis Bank, Bajaj Finserv, UltraTech Cement and Bajaj Finance were the major laggards.
In Asian markets, Seoul, Shanghai and Hong Kong settled lower while Tokyo ended in the positive territory.
European markets were trading with gains. The US markets ended in the positive territory on Tuesday.
Global oil ..
Nasdaq planning to repurpose technology from curtailed crypto foray (13-12-2023)
Nasdaq and other mainstream financial firms pulled back on their ambitions in digital assets as regulators seek to isolate the US financial system from cryptocurrencies
Growth gains, dividend yield along with stable taxation to boost ITC stock (13-12-2023)
Non-cigarette segments have delivered annual revenue growth of 14% and net profit growth of 20% over FY18-23
Oil prices edge up 1% on bigger-than-expected US storage withdrawal (13-12-2023)
The U.S. Energy Information Administration (EIA) said energy firms pulled 4.3 million barrels of crude from stockpiles during the week ended December 8
Mutual Fund IPOs anchor bigger than FPIs for a second year in a row (13-12-2023)
So far this calendar, domestic funds subscribe for shares worth Rs 5,577 cr in anchor category, while FPIs Rs 5,417 cr
Social stock exchange sees first listing with Unnati Foundation 1st entity (13-12-2023)
Platform to opens new financing avenue for social enterprises
Social stock exchange sees first listing with Unnati Foundation 1st entity (13-12-2023)
Platform to opens new financing avenue for social enterprises
Rupee settles at new closing low of 83.40 on caution ahead of US Fed meet (13-12-2023)
The dollar index, which measures the strength of the greenback against a basket of six major currencies, rose to 103.95, against 103.78 on Tuesday