The price range for the share sale has been set at Rs 1,071 – Rs 1,076 per share, a discount of up to 0.47 per cent to Axis Bank’s last close of Rs 1,076 per share
Posts in category Business Standard
Demand from central bank propels safe-haven gold to new record peak (08-04-2024)
Spot gold eased 0.1% to $2,326.19 per ounce, as of 11:54 a.m. ET (1554 GMT), after hitting a record high of $2,353.79 earlier in the session. U.S. gold futures were steady at $2,344.80
AI demand could add 1 million tons to copper demand by 2030, says Trafigura (08-04-2024)
“That’s not something that anyone has actually factored into a lot of these supply and demand balances.” Rahim did not say what global copper demand would be in 2030
Reliance Industries rally, earnings optimism propel markets to new peaks (08-04-2024)
Investors making long-term bets in hope of political stability: Analysts
Tata Mutual Fund launches six sectoral and thematic index funds (08-04-2024)
Schemes are based on infra, manufacturing, health care, realty sectors and themes, among others
BSE, NSE declare May 20 as trading holiday on account of polling in Mumbai (08-04-2024)
India will elect a new parliament in seven phases between April 19 and June 1. Votes will be counted on June 4
After Bitcoin surge, crypto venture capital creeps toward comeback: Report (08-04-2024)
VC investment in crypto startups reached $2.5 billion during the first quarter of 2024, a 32% increase from the last quarter and roughly even with the same period last year
RBI Deputy Governor highlights critical role played by UCBs in providing banking services (08-04-2024)
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Building materials B2B e-comm segment heats up; JSW One prepares for IPO (08-04-2024)
JSW One prepares for IPO, Birla Pivot eyes $1 bn revenue in next three years
Sensex & Nifty reach for the stars, auto stocks rally (08-04-2024)
Domestic stocks edged higher today, with the Sensex and Nifty gaining around 0.7% each. This resilience comes despite a shift in expectations for US rate cuts. The stronger-than-anticipated US economy has some believing the Fed may only cut rates twice this year, down from earlier projections of seven. However, global market optimism continues to buoy Indian equities. All eyes are now on the upcoming Q4 earnings season, with IT giant TCS kicking things off on April 12th. Investors favored auto, oil & gas, and realty stocks today, while PSU banks and IT stocks saw some selling pressure.