Powered by Capital Market – Live News
Posts in category Business Standard
Sensex rallies 526 pts, Nifty ends above 22,120; RIL spurts 3.6% (27-03-2024)
The domestic equity benchmarks surged on Wednesday despite mixed global cues. The Nifty50 index crossed 22,120, led by gains in consumer durables, and private banks. Investors seemed optimistic, buoyed by strong economic fundamentals. However, PSU banks, IT, and media stocks closed lower.
SRM Contractors IPO subscribed 17.40 times (27-03-2024)
The offer received bids for 7.55 crore shares as against 43.40 lakh shares on offer.
Nifty March futures trade at premium (27-03-2024)
HDFC Bank, Reliance Industries and ICICI Bank were the top traded contracts.
Hong Kong Market falls 1.36% (27-03-2024)
Corporate earnings take centre stage this week, when 26 companies on the Hang Seng Index are due to post annual results.
Singapore Market ends 0.6% up (27-03-2024)
Data released by the Economic Development Board on Tuesday showed that Singapores factory output grew 3.8% in February. Excluding the more volatile biomedical industry, output increased by 1.4% in February. However, Januarys growth was revised lower to 0.6% from an earlier estimate of 1.1%, figures from the Economic Development Board (EDB) showed.
China Market falls amid funds outflow woes (27-03-2024)
Foreign investors sold a net 9 billion yuan ($1.25 billion) of Chinese shares via Stock Connect so far for the day, and were set to log the biggest daily outflow since mid January.
Australia Market closes green after inflation data (27-03-2024)
At closing bell, the benchmark S&P/ASX200 index advanced 39.38 points, or 0.51%, to 7,819.61. The broader All Ordinaries index added 36.87 points, or 0.46%, to 8,073.61.
Japan Nikkei climbs 0.9% (27-03-2024)
At closing bell, the 225-issue Nikkei Stock Average index was up 364.70 points, or 0.9%, to 40,762.73. The broader Topix index of all First Section issues on the Tokyo Stock Exchange added 18.48 points, 0.66%, to 2,799.28.
Welspun Corp arm to invest Rs 2,355-cr in multiple states (27-03-2024)
The Mumbai-headquartered company said that its wholly owned subsidiary, Sintex-BAPL has finalised an investment of upto Rs 2,355 crore to set up manufacturing units in the states of Telangana, Odisha, Madhya Pradesh and Jammu & Kashmir.