At close of trade, the benchmark Shanghai Composite index increased 1.28%, or 36.21 points, to 2,865.90. The Shenzhen Composite Index, which tracks stocks on China’s second exchange, added 3.17%, or 48.43 points, to 1,577.33. The blue-chip CSI300 index surged 0.64%, or 21.30 points, to 3,364.93.
Posts in category Business Standard
Page Inds gains as Q3 PAT rises 23% YoY; declares dividend of Rs 100/share (08-02-2024)
Page Industries added 1.60% to Rs 36,837.85 after the company reported 23.13% increase in net profit to Rs 152.35 crore on 2.4% rise in revenue from operations to Rs 1,228.77 crore in Q3 FY24 over Q3 FY23.
Greaves Cotton sizzles on reporting multi-fold jump in Q3 PAT (08-02-2024)
Greaves Cotton rallied 5.94% to Rs 169.50 after the company reported consolidated net profit of Rs 58.03 crore in Q3 FY24, steeply higher than Rs 6.43 crore for Q3 FY23.
Euro Cautiously Recovers From 2-Month Lows With $1.08 Mark In Sight (08-02-2024)
Euro is seen dragging along the no change line against the dollar amid lack of data that could provide any major cues to the counter. EURUSD pair is cautiously recovering from near two-month lows but stays short of reclaiming back $1.08 levels. Euro zones economic bulletin also failed to trigger any sharp movements in the pair that is quoting near the flat line at $1.0794. The Governing Council in the Bulletin stated that it is determined to ensure that inflation returns to its 2% medium-term target in a timely manner. Based on its current assessment, the Governing Council considers that the key ECB interest rates are at levels that, maintained for a sufficiently long duration, will make a substantial contribution to this goal. The Governing Councils future decisions will ensure that its policy rates will be set at sufficiently restrictive levels for as long as necessary. Meanwhile, on the NSE, EURINR is trading at 89.58, up 0.08% on the day.
One 97 Communications Ltd leads losers in ‘A’ group (08-02-2024)
Borosil Renewables Ltd, Mrs Bectors Food Specialities Ltd, UCO Bank and Aarti Pharmalabs Ltd are among the other losers in the BSE’s ‘A’ group today, 08 February 2024.
Persistent Systems launches Gen-AI powered Population Health Management solution (08-02-2024)
Persistent Systems launched an innovative Generative AI-powered Population Health Management (PHM) Solution in collaboration with Microsoft.
Bharti Airtel launches 5 new stores in Bhopal (08-02-2024)
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Shemaroo Entertainment Ltd leads losers in ‘B’ group (08-02-2024)
Protean eGov Technologies Ltd, Sarthak Metals Ltd, Fino Payments Bank Ltd and 3i Infotech Ltd are among the other losers in the BSE’s ‘B’ group today, 08 February 2024.
Adani Power update in credit ratings from India Ratings (08-02-2024)
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Volumes jump at Just Dial Ltd counter (08-02-2024)
Just Dial Ltd witnessed volume of 46.89 lakh shares by 14:14 IST on NSE, a 23.26 times surge over two-week average daily volume of 2.02 lakh shares