Shares of Cyient DLM slipped 6.64 per cent at Rs 652.70 a piece on the BSE in Monday’s intraday trade
Posts in category Business Standard
BSE Smallcap extends fall, plunges 5% in 4 days; 36 stocks hit 52-week lows (22-10-2024)
The BSE SmallCap index, the top loser among broader market indices, slipped 1,261 points or 2.3 per cent at 54,387, at 10:30 AM
Unichem Labs surges 15%, hits record high in weak market on healthy outlook (22-10-2024)
Ipca is working on enhancing capacity/productivity at Unichem and believes it does not require additional capacity for the next 4-5 years.
Diffusion Engineers Ltd leads gainers in ‘B’ group (22-10-2024)
Unichem Laboratories Ltd, Talbros Automotive Components Ltd, Saurashtra Cement Ltd and Tainwala Chemicals & Plastics (India) Ltd are among the other gainers in the BSE’s ‘B’ group today, 22 October 2024.
Varun Beverages standalone net profit rises 18.46% in the September 2024 quarter (22-10-2024)
Sales rise 6.72% to Rs 3086.84 crore
Here’s why Ola Electric shares jumped 4.5% on October 22; reasons here (22-10-2024)
The rise in the Ola Electric share price came after the company, on Monday, announced that it has resolved approximately 99.1 per cent of the 10,644 complaints received from CCPA
Waaree Energies IPO Day 2: GMP up 100%, subscription soars 5x; invest now? (22-10-2024)
The unlisted shares of Waaree Energies continue to command a solid premium in the grey market, reflecting favorable market sentiments for the public issue.
US dollar index slowly approaches 104 mark amid soaring treasury yields (22-10-2024)
The US dollar index is staying elevated and moving towards the next psychological mark of 104, supported by strong US treasury yields. US benchmark 10 year treasury yields are soaring at 4.2% amid expectations that Fed will slower its rate cut pace. Besides, safe haven flows into the greenback amid escalating tensions in the Middle East is also keeping the global currency supported. Besides, Minneapolis Fed President Neel Kashkari said the long term trajectory for interest rates could be higher than it has in the past. Dallas Fed President Lorie Logan also said she supports rate cuts but called for a patient approach. Currently, the dollar index that measures the greenback against a basket of currencies is quoting at 103.74 after hitting a high of 103.85 in the previous session. Investors now look ahead other Fed speakers for further cues on rate cut moves and also to Feds Beige book and flash PMIs this week which will provide an updated view of private sector performance in October.
US stocks see cautious moves, DOW dips from record high (22-10-2024)
Wall Street saw recent strength leading to major US indexes turning into a mixed performance in last session. Dow showed a notable pullback whereas Nasdaq managed to end in positive terrain. The Dow slid 344.31 points (0.8%) to 42,931.60 and the S&P 500 dipped 10.69 points (0.2%) to 5,853.98 but the Nasdaq rose 50.45 points (0.3%) to 18,540.01.
City Union Bank Ltd leads gainers in ‘A’ group (22-10-2024)
Hindustan Zinc Ltd, Jyothy Labs Ltd, Tube Investments of India Ltd and Whirlpool of India Ltd are among the other gainers in the BSE’s ‘A’ group today, 22 October 2024.