Through the OFS, the promoters of the asset manager sold an 11.47 per cent stake to comply with the 25 per cent minimum public shareholding norms
Posts in category Business Standard
IPO disclosures in AV format; SCI’s demerged entity makes debut, and more (19-03-2024)
Shares of Popular Vehicles and Services, an automobile dealership firm, fell by over 6 per cent during their trading debut on Tuesday
Australia Market climbs after RBA rates decision (19-03-2024)
At closing bell, the benchmark S&P/ASX200 index was up 27.38 points, or 0.36%, to 7,703.23. The broader All Ordinaries index grew 32.53 points, or 0.41%, to 7 957.76.
NTPC to raise Rs 1,500 cr via NCD issuance (19-03-2024)
The proceeds will be utilized for, inter alia, funding of capital expenditure, refinancing of existing loans and other general corporate purposes.
Krystal Integrated Services IPO ends with decent subscription (19-03-2024)
The offer received bids for 3.96 crore shares as against 29.99 lakh shares on offer.
KIOCL upgrades filtration system at pellet plant unit in Mangalore (19-03-2024)
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Euro Lingers Near One-Week Low Against Dollar; FOMC In Focus (19-03-2024)
Euro is staying near a one-week low against the dollar on Tuesday as massive strength in greenback ahead of FOMC this week is adding pressure on peer currencies. US benchmark treasury yields at 4.3% and dollar index at 103.63 are marching forward as sticky inflation scenario in US as shown by recent data is reducing possibility of a near time rate cut. EURUSD pair is quoting at $1.0884, down 0.25% on the day. Data from Eurozone docket today showed German ZEW Economic Sentiment Index jumped from 19.9 in February to 31.7 in March. The market forecast a reading of 20.5. However, the Current Situation Index improved from -81.7 to -80.5 in the reported month, beating estimates of -82.0. The Eurozone ZEW Economic Sentiment Index came in at 33.5 in the same period, notably higher than the February reading of 25.0. The data surpassed the market expectations of 25.4. Meanwhile, on the NSE, EURINR futures are quoting at 90.08, down 0.35% on the day.
Nifty March futures trade at premium (19-03-2024)
Tata Consultancy Services (TCS), HDFC Bank and Indus Towers were the top traded contracts.
Lloyd introduces new range of air conditioners (19-03-2024)
Also introduces new range of refrigerators, washing machines and Google QLED TV
Quick Wrap: Nifty IT Index declines 2.90%, NIFTY Tumbles 1.08% (19-03-2024)
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