Jindal Drilling and Industries advanced 2.62% to Rs 628 after its board approved to purchase jack-up rig ‘Jindal Pioneer’ from Discovery Drilling Pte., Singapore at a consideration of $75 million.
Posts in category Business Standard
SEBI to launch optional T+0 settlement trial (18-03-2024)
SEBI aims to gather feedback from participants during this beta phase. They will review progress after three and six months to determine the program’s effectiveness and future implementation.
Nifty above 22,100 level; auto shares advance (18-03-2024)
At 14:27 IST, the barometer index, the S&P BSE Sensex was up 305.55 points or 0.42% to 72,943.36. The Nifty 50 index added 84.85 or 0.40% to 22,111.30.
Volumes jump at DCM Shriram Ltd counter (18-03-2024)
DCM Shriram Ltd witnessed volume of 6.49 lakh shares by 14:14 IST on NSE, a 17.52 times surge over two-week average daily volume of 37018 shares
Steel stocks surge up to 5% on muted Chinese steel output (18-03-2024)
The stocks of domestic steel companies surged nearly 5 per cent on Monday, on the back of muted steel production data from China. Share prices of Tata Steel, Jindal Steel and SAIL moved up
Speculative Net Longs In Euro Edge Higher (18-03-2024)
Large currency speculators net long positions in the Euro futures market edged slightly higher, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Euro futures, traded by large speculators and hedge funds, totaled a net long position of 74407 contracts in the data reported through March 12, 2024. This was a weekly rise of 8096 net contracts with net long position coming off its lowest level in over 16 months.
FMCG stocks edge lower (18-03-2024)
FMCG stocks were trading in red, with the S&P BSE FMCG Sector index decreasing 63.6 points or 0.33% at 19320.82 at 13:46 IST.
Information Technology stocks edge lower (18-03-2024)
Information Technology stocks were trading in red, with the S&P BSE IT Sector index decreasing 254.96 points or 0.67% at 37671.8 at 13:46 IST.
Consumer Durables stocks slide (18-03-2024)
Consumer Durables stocks were trading with losses, with the S&P BSE Consumer Durables index decreasing 254.46 points or 0.5% at 50304.68 at 13:46 IST.
HUDCO board to mull fund raising plans on March 20 (18-03-2024)
Housing & Urban Development Corporation (HUDCO) said that the board will meet on Wednesday, 20 March 2024, to consider a proposal to raise funds and also to increase the overall borrowing limit.