Large currency market speculators in the US dollar futures further reduced their net short position but continued to stay at their most bearish level since June 2021, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of US dollar index futures, traded by large speculators and hedge funds, totaled a net position of -929 contracts in the data reported through April 16, 2024. This was a weekly reduction of 213 net short contracts.
Posts in category Business Standard
Volumes spurt at Gujarat State Petronet Ltd counter (22-04-2024)
Gujarat State Petronet Ltd notched up volume of 5.04 lakh shares by 10:46 IST on BSE, a 7.74 fold spurt over two-week average daily volume of 65142 shares
Jio Fin Services zooms 4% on healthy Q4 numbers; profits rises 9% (22-04-2024)
On Friday, the company, which listed in August 2023, reported a net profit of Rs 311 crore for the January-March quarter of FY24. This was a 6 per cent increase from Rs 294 crore
Escorts Kubota rises on price hike from May 1 (22-04-2024)
Escorts Kubota gained 2.04% to Rs 3,171.05 after the tractor maker said that its Agri Machinery Business Division will be increasing its prices for the tractors with effect from 1 May 2024.
Bitcoin in April 2024: All you need to know about Halving event and impact (22-04-2024)
On Monday, Bitcoin traded at $65,000-mark as against the $63,000 level on Friday. Historically, Bitcoin has rallied post halving, will the trend continue? Here’s all you need to know
Sterling and Wilson turns black after nearly 12 quarters; net down to Rs 116 crore (22-04-2024)
Sterling and Wilson Renewable Energy has reported a net profit of Rs 1 crore in Q4 FY24 as against a net loss of Rs 421 crore posted in Q4 FY23.
BSE SME Greenhitech Ventures blooms on debut (22-04-2024)
Shares of Greenhitech Ventures were quoting at Rs 99.75 on the BSE, a premium of 99.50% compared with the issue price of Rs 50.
HDFC Bank Q4 PAT climbs 37% YoY to Rs 16,512 cr (22-04-2024)
HDFC Bank said that its net profit jumped 37.06% to Rs 16,511.85 crore in Q4 FY24 as compared with Rs 12,047.45 crore posted in Q4 FY23.
Nifty above 22,200 level; PSU bank shares advance (22-04-2024)
At 10:30 IST, the barometer index, the S&P BSE Sensex, was up 228.03 points or 0.32% to 73,320.54. The Nifty 50 index added 91.10 points or 0.41% to 22,238.10.
Hero MotoCorp expands its presence in Nepal (22-04-2024)
Launches four products and new product assembly facility