At 12:30 IST, the barometer index, the barometer index, the S&P BSE Sensex, was up 423.55 points or 0.59% to 72,525.24. The Nifty 50 index gained 135.75 points or 0.62% to 21,974.85.
Posts in category Business Standard
Shares of NTPC surge nearly 4% on NCD issue worth Rs 1500 cr (21-03-2024)
The recent hike in the stock price comes on the back of issuance of non-convertible debentures worth Rs 1,500 crore on Wednesday
NMDC cuts prices of iron ore (21-03-2024)
The state-owned iron ore miner informed that it has decreased prices of lump ore and fines, effective from 21 March 2024.
SME IPO: Naman In-Store trims issue size; commands strong GMP of over 50% (21-03-2024)
Naman In-Store IPO consists a fresh issue of 2.85 million shares, reduced from the earlier planned issue of 3 million shares. The price band is fixed at Rs 84-89, meaning a fundraise of Rs 25.35 crore
India’s Manufacturing Sector Leads Overall Private Sector Growth (21-03-2024)
Pressure on operating capacities intensified, highlighted by a quicker uptick in backlogs, which in turn supported job creation. Meanwhile, favourable demand trends pushed inflationary pressures higher, with both input costs and output charges increasing to greater extents.
INR flips back from two month low as US Fed punctures dollar rally (21-03-2024)
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All-India Consumer Price Index For Agricultural Labourers Remains Steady (21-03-2024)
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Ausom Enterprise Ltd leads gainers in ‘B’ group (21-03-2024)
MRO-TEK Realty Ltd, Onelife Capital Advisors Ltd, Pearl Polymers Ltd and Uravi T and Wedge Lamps Ltd are among the other gainers in the BSE’s ‘B’ group today, 21 March 2024.
AUDUSD Stays Well Supported By Positive Data; Dollar Weakness (21-03-2024)
The Australian dollar surged by over half a percent in early Asia on Thursday on the back of higher than expected economic data on the domestic front. Australian Employment Change for February surged to 116.5K, surpassing expectations of 40.0K and the previous figure of 15.3K. Unemployment rate increased 3.7%, lower than the anticipated 4.0% and the previous 4.1%. Moreover, sharp downturn in dollar overseas after Fed FOMC retained a dovish outlook also supported the Australian currency. The dollar index moved below 103 mark tracking a decline in benchmark US treasury yields at 4.2%. The Federal Reserve announced its widely expected decision to leave interest rates unchanged on Wednesday, although the central bank’s forecasts suggests rate cuts are still likely later this year. AUDUSD was currently quoting at $0.6646, up 0.80% on the day.
Engineers India Ltd leads gainers in ‘A’ group (21-03-2024)
IRB Infrastructure Developers Ltd, Action Construction Equipment Ltd, Graphite India Ltd and NCC Ltd are among the other gainers in the BSE’s ‘A’ group today, 21 March 2024.