Large currency speculators in the Pound futures market continued to add on to net long positions, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Pound futures, traded by large speculators and hedge funds, totaled a net long position of 50472 contracts in the data reported through February 13 2024. This was a weekly increase of 15997 net contracts and net position stayed at its highest level since end August 2023.
Posts in category Business Standard
Nifty hits all-time high; consumer durables in demand (19-02-2024)
The benchmark indices traded with significant gains in mid-morning trade. The Nifty traded above 22,100 level. Consumer durables shares extended gains for the fifth consecutive trading session.
Balrampur Chini climbs after board OKs to manufacture Polylactic Acid (19-02-2024)
Balrampur Chini Mills jumped 3.60% to Rs 385.25 after the company’s board approved to enter a new line of business to manufacture Polylactic Acid (PLA), to be used for production of bioplastic.
Kaynes Tech rises on incorporating subsidiary in Karnataka (19-02-2024)
Kaynes Technology India advanced 2.14% to Rs 2,855 after the company incorporated a wholly owned subsidiary company (WOS) named ‘Kaynes Mechatronics’ (KMPL) on 16 February 2024.
Schaeffler India declines as Q4 PAT slides 6% YoY; declares dividend of Rs 26/share (19-02-2024)
Schaeffler India fell 1.97% to Rs 3,001.95 after the company reported 5.89% decline in standalone net profit to Rs 217.38 crore in Q4 CY23 as against Rs 230.98 crore posted in Q4 CY22.
Gallantt Ispat gets delivery of second railway rake (19-02-2024)
Under GPWIS of Railway Board
Volumes spurt at Minda Corporation Ltd counter (19-02-2024)
Minda Corporation Ltd registered volume of 109.28 lakh shares by 10:47 IST on BSE, a 264.05 fold spurt over two-week average daily volume of 41388 shares
ICRA reaffirms ratings of Godrej Properties; maintains ‘stable’ outlook (19-02-2024)
Godrej Properties said that the credit rating agency ICRA has reaffirmed its long-term rating on the debt instruments of the company at ‘ICRA] AA+ (Stable)’.
Titagarh Rail spurts on bagging Rs 170-cr order from Defence Ministry (19-02-2024)
Titagarh Rail Systems jumped 5.01% to Rs 1,004.40 after the company announced that it has received an order worth Rs 170 crore from the Ministry of Defence, Government of India for procurement of 250 specialized wagons.
CRISIL hits lifetime high as Q4 PAT rises 33% YoY (19-02-2024)
CRISIL soared 8.39% to Rs 4,989.15 after the rating agency’s consolidated net profit jumped 32.97% to Rs 210.12 crore on 11.61% increase in revenue from operations to Rs 917.74 crore in Q4 CY23 over Q4 CY22.