Posts in category Business Standard
Indices edge higher in early trade, breadth strong (08-02-2024)
At 09:27 IST, the barometer index, the S&P BSE Sensex, was up 219.95 points or 0.33% to 72,371.55. The Nifty 50 index added 70.50 points or 0.32% to 22,001.
SJVN Ltd Spurts 6.4%, S&P BSE Utilities index Gains 1.84% (08-02-2024)
SJVN Ltd has added 66.08% over last one month compared to 11.22% gain in S&P BSE Utilities index and 1.34% rise in the SENSEX
Sobha Ltd Slips 4.5% (08-02-2024)
Sobha Ltd has added 8.96% over last one month compared to 1.35% gain in S&P BSE Realty Index index and 1.34% rise in the SENSEX
CESC enters deal for 1500 MW wind capacity with Inox Wind (08-02-2024)
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Inox Wind signs binding framework agreement with CESC (08-02-2024)
To install 1500 MW of wind capacity over next 3-4 years
Power Grid, Tata Consumer, Lupin in focus (08-02-2024)
Power Grid Corporation of India: The company's consolidated net profit rose 10.50% to Rs 4,028.25 crore in Q3 FY24 as compared with Rs 3,645.29 crore posted in corresponding quarter last year. Revenue from operations rose 2.56% YoY to Rs 11,549.79 crore in the quarter ended 31 December 2023.
Stocks may open with small gains, RBI policy outcome eyed (08-02-2024)
Key stock indices are likely to open on a flat to positive note on Thursday, ahead of the RBI's monetary policy outcome due later today. The Reserve Bank Governor-headed six-member Monetary Policy Committee (MPC) meeting began on 6 February 2024. Interest rate decision will be announced today, 8 February 2024. The RBI will hold its key interest rate steady at 6.50%, as per reports.
Piramal Pharma’s USA facility gets 3 observations from USFDA (08-02-2024)
Piramal Pharma said that US Food and Drug Administration (USFDA) conducted pre approval inspection (PAI) at its Riverview, USA facility.
US Dow, S&P500 hits fresh record high (08-02-2024)
The advance comes despite a recent retreat in 2024 rate expectations following cautious commentary from the central bank. Fed Chair Jerome Powell signaled last week that investors will have to wait longer than previously thought for a pivot, while Minneapolis Federal Reserve President Neel Kashkari said Wednesday that he anticipates only two to three rate cuts this year.
Stocks to Watch today, Feb 8: Banks, Auto, Zomato, Adani Ports, LIC, TCP (08-02-2024)
Stocks to Watch on Thursday, February 8: Shares of banking and finance, auto, housing, and real estate will be in focus as the Reserve Bank of India is set to announce the decision of it's MPC meeting