Posts in category Business Standard
Block deal: CE Info Systems drops 6% as promoter likely sells 1% stake (26-06-2024)
Shares of CE Info Systems dropped by 6 per cent at Rs 2,271 per share on the BSE in Wednesday's intraday trade.
CE Info Systems slumps after block deal (26-06-2024)
CE Info Systems declined 4.52% to Rs 2307 after the counter witnessed large block deal in early trade today.
NSE SME Falcon Technoprojects India slides on debut (26-06-2024)
Shares of Falcon Technoprojects India were quoting at Rs 88.20 on the NSE, a discount of 4.13% compared with the issue price of Rs 92.
US dollar-denominated debt remains largest component of India’s external debt: RBI (26-06-2024)
India's external debt stood at $663.8 billion at end-March, marking a $39.7 billion rise from its level at the end of March 2023, according to the Reserve Bank of India's statement on Tuesday. Excluding valuation effects, the increase in external debt would have been $48.4 billion instead of $39.7 billion. However, despite the increase, India's external debt-to-GDP ratio decreased to 18.7 per cent by the end of March 2024, down from 19 per cent at the end of March 2023. This ratio encompasses both government and non-government debts. According to data from the central bank, the government's external debt amounted to 4.2 per cent of GDP, while the external debt of the non-government sector was recorded at 14.5 per cent. The RBI said in its statement: "US dollar-denominated debt remained the largest component of Indias external debt, with a share of 53.8 per cent at end-March 2024, followed by debt denominated in the Indian rupee (31.5 per cent), yen (5.8 per cent), SDR (5.4 per cent),
Time Technoplast gains on bagging additional order of Rs 55 cr (26-06-2024)
Time Technoplast advanced 2.08% to Rs 338.30 after it received an additional order from Indian Oil Corporation (IOCL) to supply composite cylinders (LPG) for Rs 55 crore.
NSE SME Durlax Top Surface rallies on listing (26-06-2024)
Shares of Durlax Top Surface were quoting at Rs 103.55 on the NSE, a premium of 52.28% compared with the issue price of Rs 68.
Indices hit new life high; Nifty above 23,800 level (26-06-2024)
At 11:30 IST, the barometer index, the S&P BSE Sensex, was up 354.33 points or 0.45% to 78,407.85. The Nifty 50 index added 88 points or 0.37% to 23,809.30.
Dollar Recovers Lost Ground On Hawkish Federal Comments (26-06-2024)
The US dollar ticked slightly higher on Wednesday morning in Asia on the back of hawkish comments from Federal officials. Federal Reserve (Fed) Governors Michelle Bowman and Lisa Cook on Tuesday suggested that the central bank is unlikely to kick start its rate-cutting cycle anytime soon amid a resilient US economy. Investors now focus on Thursday's release of the final US Q1 GDP print and the Personal Consumption Expenditures (PCE) for further cues. Uptick in US benchmark treasury yields at 4.26% are supporting dollar index at 105.36, up 0.09% on the day. Markets also braced for the first US presidential debate between Joe Biden and Donald Trump on Thursday. The uptrend in the US dollar is likely to stay with large currency market speculators in the US dollar futures adding sharply to their net long positions. The non-commercial futures contracts of US dollar index futures, traded by large speculators and hedge funds, totaled a net position of 17,595 contracts in the data reported ..
Cement shares in demand; India Cements, Orient, JK Lakshmi rally up to 14% (26-06-2024)
After Lok Sabha Elections and Assembly elections in some States, the centre and States are expected to retain their focus on development agenda, India Cements had said on sector outlook.
BSE SME GEM Enviro Management jumps on debut (26-06-2024)
Shares of GEM Enviro Management were quoting at Rs 149.62 on the BSE, a premium of 99.49% compared with the issue price of Rs 75.