Posts in category Business Standard
Hindustan Unilever Ltd gains for third straight session (05-06-2024)
Hindustan Unilever Ltd is quoting at Rs 2624.65, up 5.14% on the day as on 12:49 IST on the NSE. The stock is down 2.47% in last one year as compared to a 19.62% jump in NIFTY and a 12.71% jump in the Nifty FMCG index.
Tata Consumer Products Ltd spurts 5.03% (05-06-2024)
Tata Consumer Products Ltd is quoting at Rs 1141.7, up 5.03% on the day as on 12:49 IST on the NSE. The stock is up 44.14% in last one year as compared to a 19.62% spurt in NIFTY and a 12.71% spurt in the Nifty FMCG index.
Nestle India Ltd soars 3.16% (05-06-2024)
Nestle India Ltd is quoting at Rs 2504.5, up 3.16% on the day as on 12:49 IST on the NSE. The stock is up 15.39% in last one year as compared to a 19.62% spurt in NIFTY and a 12.71% spurt in the Nifty FMCG index.
Tata Consultancy Services Ltd gains for third straight session (05-06-2024)
Tata Consultancy Services Ltd is quoting at Rs 3760.2, up 1.22% on the day as on 12:49 IST on the NSE. The stock is up 16.33% in last one year as compared to a 19.62% jump in NIFTY and a 15.5% jump in the Nifty IT index.
Avenue Supermarts gains after CRISIL upgrades ratings to ‘AAA’ with ‘stable’ outlook (05-06-2024)
Avenue Supermarts rose 4.84% to Rs 4774 after CRISIL Ratings upgraded its rating on the long-term bank facilities of the company to 'CRISIL AAA/Stable' from 'CRISIL AA+/Positive'.
Sensex stages recovery, climbs 1,772 points intraday; check reasons here (05-06-2024)
The recovery came after the ruling Bhartiya Janata Party (BJP) looked firm in securing support from its allies to form a coalitition government
Dollar Index Seen Regaining Some Lost Momentum Near 2-Month Lows (05-06-2024)
The US dollar is seen regaining some of its lost momentum on Wednesday morning in Asia despite signs of cooling labor market that supports the disinflation process. Yesterday, Job Openings and Labor Turnover Survey, or JOLTS report, showed that job openings fell more than expected, by 296K to 8.059 million in April, or the lowest in more than three years. US ISM Manufacturing PMI report released on Monday also pointed to weakening factory activity, reigniting hopes for Federal Reserve interest rate cuts. The crucial US monthly employment details, or the Nonfarm Payrolls (NFP) report on Friday is keenly awaited for clearer direction to the dollar. The dollar index futures however continue to linger around a two-month low at 104.23, but up 0.17% on the day. Meanwhile, among the basket currencies, EURUSD and GBPUSD are quoting slightly lower at $1.0882 and $1.2770 respectively.
Indices trade with stellar gains; pharma stocks in demand (05-06-2024)
At 12:30 IST, the barometer index, the S&P BSE Sensex was surged 1,442.84 points or 2% to 73,521.23. The Nifty 50 index rallied 452.25 points or 2.07% to 22,347.55.
Knowledge Marine rises after bagging work order from Dredging Corporation of India (05-06-2024)
Knowledge Marine & Engineering Works (KMEW) advanced 2.93% to Rs 1230 after the company announced the receipt of letter of award (LOA) from the Dredging Corporation of India for the capital dredging work at the Paradip Port.
INR Recovers Against US Dollar After Recent Volatility (05-06-2024)
Indian Rupee has bounced back from around record lows today as local stock markets edged up following a heavy intraday tumble in last session. The key equity indices extended gains and hit the day's in mid-morning trade. The Nifty traded above the 22,400 level. At 11:30 IST, the barometer index, the S&P BSE Sensex was surged 1,623.46 points or 2.26% to 73,708.60. The Nifty 50 index jumped 532.20 points or 2.43% to 22,416.70. NIFTY had tested nearly four month low as markets were rattled by outcome in Lok Sabha elections 2024.