Posts in category Business Standard
Japan’s Nikkei Ends Cautiously Lower Ahead Of BoJ (13-06-2024)
Japanese markets ended lower as investors braced for Friday's BOJ policy meeting where the central bank may consider trimming its bond buying, taking a first key step to reducing its almost $5 trillion balance sheet. The Nikkei 225 Index dipped 0.4 percent to 38,720.47. The broader Topix Index settled 0.9 percent lower at 2,731.78, giving up early gains.
Hero Motocorp, JSW energy among 7 midcap stocks likely to get largecap tag (13-06-2024)
M-cap of 6 of these 7 midcap stocks has topped Rs 1 trillion
Atul Auto incorporates new subsidiary – Atulease (13-06-2024)
Atulease will into business of purchase, acquire, maintain, operate and manage various types of vehicles and ply them on road or to give them on hire, lease or on rental or of any such similar arrangements.
NSE launches new Nifty200 value 30 index targeting value investors (13-06-2024)
The Nifty200 Value 30 uses a combination of metrics to identify undervalued companies, including earnings per share (E/P), book value per share (B/P), sales per share (S/P), and dividend yield. This approach focuses on companies with strong fundamentals that may be trading at a discount compared to their true worth.
Market capitalisation of BSE-listed firms hits new peak of Rs 431.67 trn (13-06-2024)
The combined market capitalisation of BSE-listed firms hit a fresh record of Rs 431.67 lakh crore on Thursday when the benchmark Sensex also reached its new lifetime high level.
Rising for the second day in a row, the 30-share BSE benchmark jumped 538.89 points or 0.70 to hit its lifetime peak of 77,145.46. It later ended at a fresh record high at 76,810.90, up 204.33 points or 0.27 per cent.
Tracking the rally in equities, the market capitalisation of BSE-listed companies jumped to an all-time high of Rs 4,31,67,541.81 crore (USD 5.17 trillion). In two days, investors' wealth has risen by Rs 4.72 lakh crore.
"The domestic equity benchmark traded with a modest gain, with domestic CPI data indicating that inflation is on a slow track of decline," said Vinod Nair, Head of Research, Geojit Financial Services.
Retail inflation continued its downward slide to reach a one-year low of 4.75 per cent in May due to a marginal decline of prices in the food basket and remained within the Reser
BSE SME IPO of United Cotfab subscribed 2.80 times (13-06-2024)
The offer received bids for 1.45 crore shares as against 51.84 lakh shares on offer.
Board of Zee Media Corporation approves incorporation of subsidiary (13-06-2024)
At meeting held on 13 June 2024
INR Consolidates In Narrow Range (13-06-2024)
The Indian rupee consolidated in a narrow range and settled for the day lower by 7 paise at 83.55 (provisional) against the US dollar on Thursday even as both the domestic equity benchmark indices touched all-time high levels. The benchmark S&P BSE Sensex ended the session up 204.33 points, or 0.27 percent, at 76,810.90, with positive overnight cues from the U.S. and Europe as well as a fall in crude prices lending some support. The broader NSE Nifty index closed at 23,398.90, up 75.95 points, or 0.33 percent, from its previous close. Government data showed India's retail inflation easing to a 12-month low of 4.75 percent annually in May, slightly down from the 4.83 percent recorded in April. At the same time, India's industrial output growth slowed to a three-month low of 5 percent in April from 5.4 percent in March due to slower manufacturing growth. At the interbank foreign exchange, the local unit opened at 83.52 and finally settled for the day lower by 7 paise at 83.55 ...
INR Consolidates In Narrow Range (13-06-2024)
The Indian rupee consolidated in a narrow range and settled for the day lower by 7 paise at 83.55 (provisional) against the US dollar on Thursday even as both the domestic equity benchmark indices touched all-time high levels. The benchmark S&P BSE Sensex ended the session up 204.33 points, or 0.27 percent, at 76,810.90, with positive overnight cues from the U.S. and Europe as well as a fall in crude prices lending some support. The broader NSE Nifty index closed at 23,398.90, up 75.95 points, or 0.33 percent, from its previous close. Government data showed India's retail inflation easing to a 12-month low of 4.75 percent annually in May, slightly down from the 4.83 percent recorded in April. At the same time, India's industrial output growth slowed to a three-month low of 5 percent in April from 5.4 percent in March due to slower manufacturing growth. At the interbank foreign exchange, the local unit opened at 83.52 and finally settled for the day lower by 7 paise at 83.55 ...
Nifty June futures trade at discount (13-06-2024)
The NSE's India VIX tumbled 6.25% to 13.49.