Posts in category Business Standard
Crypto wrap: Bitcoin continues to stay over $30,000, Ethereum above $1,800 (30-06-2023)
Among the most important developments in crypto markets was the King of England's assent to the UK's Financial Services and Markets Act
HDFC twins near 52-week highs ahead of Board meet; stocks up 4% this week (30-06-2023)
Shares of HDFC Bank and HDFC Ltd gained 2 per cent each in Friday's intra-day trade ahead of their Board meeting to finalise merger date
JK Tyre surges 10% on completion of first phase of capacity expansion (30-06-2023)
On Friday, June 30, the stock surpassed its previous high of Rs 213.50, touched on December 9, 2022
Sebi pause on ‘total expense ratio’ sets off rally in AMC shares (30-06-2023)
Sebi chairperson says industry will be pleased with the fresh proposal
Multi Commodity Exchange tanks after extending IT contract at higher cost (30-06-2023)
MCX's transition to the TCS-run platform has been delayed, despite the company assuring analysts and its investors that the transition would take place by end-June
Mcap of BSE-listed firms at all-time high of Rs 295.72 trn, Sensex at peak (30-06-2023)
The market capitalisation of BSE-listed firms reached an all-time high of Rs 295.72 lakh crore in early trade on Friday, helped by optimism in equities, where the benchmark Sensex hit its new lifetime peak.
Rallying for the third day running, the 30-share Sensex surged 499.42 points or 0.78 per cent to reach its all-time high of 64,414.84 in early deals.
Thanks to the rally in equities, the market capitalisation (mcap) of BSE-listed companies jumped to Rs 2,95,72,338.05 crore.
Earlier, on June 21, the market capitalisation of BSE-listed firms had hit an all-time high of Rs 2,94,36,594.50 crore.
From the Sensex pack, Infosys, Tata Consultancy Services, Mahindra & Mahindra, IndusInd Bank, HCL Technologies, Tech Mahindra, Maruti, Wipro, HDFC Bank and HDFC were the major gainers.
ITC, Bharti Airtel, ICICI Bank and Tata Steel were the laggards.
In Asian markets, Seoul, Shanghai and Hong Kong traded in the green while Tokyo quoted lower.
Global oil benchmark Brent crude climbed 0.30 p
Auto shares in fast lane; Tata Motors, M&M, Maruti Suzuki hit 52-week highs (30-06-2023)
M&M hit a record high of Rs 1,440.75, up 3 per cent on the BSE
Investors will continue to trade via SGX in Nifty in GIFT City from July 3 (30-06-2023)
International investors will continue to trade through Singapore Exchange (SGX Group) in Nifty as the USD 7 billion open interest contract will be relaunched on GIFT City from July 3, 2023, following 22 years of success in Singapore.
This collaboration is significant given it is the first cross-border initiative in connecting India and Singapore's capital markets.
"SGX Group will continue to provide international access to USD-denominated Nifty contracts, which has been re-christened GIFT Nifty starting July 3, 2023, alongside other SGX derivatives products," Janice Kan, Managing Director of Head of Markets Equities at SGX Group, told PTI on Friday.
"Investors can trade and clear the Nifty contracts through SGX as they have been doing for more than two decades. Orders will be routed via the Connect to NSE IX for trade matching and executed trades will be cleared and settled on SGX," said Kan, an equity market veteran with over three decades of experience.
Kan has seen through the .
Tata Communication slips 4% on acquisition plan of US-based Kaleyra (30-06-2023)
Kaleyra is a global omnichannel integrated communication services provider with a set of proprietary platforms, which offers targeted personalisation through messaging, video, push notifications
63 Moons zooms 52% in 5 days as MCX extends support service for 6 months (30-06-2023)
Meanwhile, shares of MCX slipped 12 per cent to Rs 1,437 on the BSE.