Euro gathered momentum to an over one-week high above $1.08 mark on Thursday tracking weakness in greenback overseas. Dollar faced downward pressure and reversed from a near seven week high. The dollar index futures that measures the greenback against a basket of currencies was trading on the sidelines at 103.87 following mixed cues from Fed Powells speech and awaiting further cues from Fridays non-farm data. Moreover, positive economic data from Euro zone docket also propped up the single common currency. EURUSD gained 0.22% to $1.0892 on the day. Eurozone Services PMI rose to 51.5 in March from 50.2 in the previous month, revised higher from the preliminary estimate of 51.1. German Composite PMI was revised higher to 47.7 in March, up from a preliminary estimate of 47.4 and above February’s 46.3. On the NSE, EURINR futures are up 0.47% at 90.66.
Posts in category Business Standard
Australia Market rises on upbeat services sector data (04-04-2024)
At closing bell, the benchmark S&P/ASX200 index advanced by 34.80 points, or 0.45%, to 7,817.34. The broader All Ordinaries index added 38.85 points, or 0.48%, to 8,072.45.
Tata Motors UK JLR registrations climb 29% YoY in March (04-04-2024)
The auto major said that Jaguar Land Rover (JLR) registrations in UK jumped 29.3% to 17,066 units in March 2024 from 13,200 units in March 2023.
Quick Wrap: Nifty Private Bank Index records a surge of 1.12% (04-04-2024)
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Japan Stocks gain on bargain hunting (04-04-2024)
The 225-issue Nikkei Stock Average index surged by 321.29 points, or 0.81%, to finish at 39,773.14. The broader Topix index of all First Section issues on the Tokyo Stock Exchange added 25.49 points, 0.94%, to 2,732.00.
Ujjivan SFB spurts as deposits rises 24% in Q4 FY24 (04-04-2024)
Ujjivan Small Finance Bank jumped 6.52% to Rs 54.40 after the bank’s total deposits grew 24% to Rs 31,650 crore as of 31 March 2024 as compared with Rs 25,538 crore as of 31 March 2023.
Equitas SFB gains after total deposits jumps 43% YoY in Q4 (04-04-2024)
Equitas Small Finance Bank (SFB) rose 1.07% to Rs 98 after the bank’s total deposits surged 43% to Rs 36,129 crore in Q4 FY24 as against Rs 25,349 crore recorded in Q4 FY23.
G M Breweries Q4 profit spurts to Rs 86 cr; board OKs 1:4 bonus issue (04-04-2024)
The breweries & distilleries company reported a standalone net profit of Rs 86.44 crore in Q4 FY24, steeply higher than Rs 35.10 crore recorded in Q4 FY23.
Dabur flags sluggish demand in Q4, indicates slowing revenue; shares drop (04-04-2024)
Its shares fell 4.5 per cent after the news, and were on track for their worst day since May 2023. The stock was also the top drag on the FMCG index, which slipped 0.2 per cent
Capri Global Capital Ltd leads losers in ‘A’ group (04-04-2024)
Dabur India Ltd, Angel One Ltd, Ajanta Pharma Ltd and JM Financial Ltd are among the other losers in the BSE’s ‘A’ group today, 04 April 2024.