Posts in category Business Standard
RIL, Airtel among 54 ‘Modi stocks’ that outperformed since December: CLSA (30-05-2024)
Within this basket of Modi stocks, the preferred BUYs for CLSA India analysts are ONGC, NTPC, NHPC, SBI, Power Finance, IGL and Mahanagar Gas in the PSU space
Board of Indian Oil Corporation approves re-routing of investment in Sun Mobility, Singapore (30-05-2024)
At meeting held on 30 May 2024
Market Mayhem! Stocks plunge as election jitters collide with F&O expiry (30-05-2024)
Domestic shares plunged today, dropping for the fifth consecutive session. The Nifty 50 closed below 22,500, battered by a brutal expiry of monthly F&O contracts. Metals, IT, and healthcare stocks led the bloodbath. Jittery investors, taking their cues from rising US interest rates, are also worried about the upcoming election results. With exit polls looming on Saturday, traders fear a steep correction if the results don't favor the current government.
INR Settles Modestly Higher As Dollar Weakens; Massive Sell-Off In Local Equities Cap Gains (30-05-2024)
The Indian rupee recovered 9 paise to settle at 83.31 (provisional) against the US dollar on Thursday on the back of softening American currency as well as crude oil prices in the overseas market. The dollar index recoiled back below 105 mark supporting gains in the domestic unit although negative cues from equities placed a lid on rupee gains. The benchmark S&P BSE Sensex fell 617.30 points, or 0.83 percent, to 73,885.60 amid a widespread sell-off. The broader Nifty 50 index closed at 22,488.65, down 216.05 points, or 0.95 percent, from its previous close. Global sentiment was fragile amid continued uncertainty about the Federal Reserve's interest-rate path. Middle East worries also sapped investors' appetite for risk after an Israeli official cautioned that the war in Gaza might persist until the year's end to achieve the aim of destroying the Palestinian group. Investors looked ahead to the exit poll results for Lok Sabha Elections, which will be out after last phase of ...
Board of Aarti Industries appoints CEO and directors (30-05-2024)
At meeting held on 30 May 2024
NSE SME IPO of Aimtron Electronics subscribed 1.5 times (30-05-2024)
The offer received bids for 81.53 lakh shares as against 54.04 lakh shares on offer.
Sky Gold consolidated net profit rises 123.85% in the March 2024 quarter (30-05-2024)
Sales rise 90.20% to Rs 513.38 crore
Transgene Biotek reports consolidated net loss of Rs 0.27 crore in the March 2024 quarter (30-05-2024)
Sales reported at Rs 0.05 crore
Abhinav Leasing & Finance reports standalone net loss of Rs 1.05 crore in the March 2024 quarter (30-05-2024)
Sales rise 166.86% to Rs 13.77 crore
Salasar Techno Engineering consolidated net profit rises 15.76% in the March 2024 quarter (30-05-2024)
Sales rise 24.65% to Rs 367.33 crore