Sensex fell below the 81,000 mark. NSE Nifty slipped below 25,000 in trade
Posts in category Business Standard
EURUSD struggles at over two month low as ECB stays poised for yet another rate cut (17-10-2024)
Euro is struggling at its lowest level in over two months against the dollar on Thursday ahead of ECB monetary policy outcome to be delivered later in the day. EURUSD has been on a relentless decline since the start of the month amid rising expectations of interest rate cuts by the major central bank. The European central bank is seen likely set to lower interest rates for the third time this year citing easing inflation levels in the area. The Eurozone Harmonized Index of Consumer Prices (HICP) has decelerated to 1.7% in September, faster than expectations and the preliminary estimate of 1.8%. Currently the EURUSD pair is quoting at $1.0880, down marginally on the day and lower by 2.5% since the start of the month. Meanwhile, a firm greenback across the Atlantic holding well above 103 mark against a basket of currencies is further adding pressure on the single common currency.
Bajaj Auto Ltd leads losers in ‘A’ group (17-10-2024)
Oberoi Realty Ltd, BF Utilities Ltd, Himadri Speciality Chemical Ltd and Bharat Heavy Electricals Ltd are among the other losers in the BSE’s ‘A’ group today, 17 October 2024.
Nayab Singh sworn in as Haryana chief minister for second consecutive term (17-10-2024)
Singh’s reappointment comes after he was unanimously elected as the leader of the BJPs legislature party. He met with Governor Bandaru Dattatreya yesterday to formally stake his claim to form the new government, following a remarkable electoral victory in which his party projected him as the Chief Ministerial candidate.
Raw Edge Industrial Solutions Ltd leads losers in ‘B’ group (17-10-2024)
Secmark Consultancy Ltd, Uflex Ltd, HLV Ltd and Hi-Tech Pipes Ltd are among the other losers in the BSE’s ‘B’ group today, 17 October 2024.
Indices trade with significant losses; metal stocks under pressure (17-10-2024)
At 14:30 IST, the barometer index, the S&P BSE Sensex, tumbled 495.46 points or 0.61% to 81,008.24. The Nifty 50 index slipped 209.60 points or 0.84% to 24,761.70.
Volumes soar at CRISIL Ltd counter (17-10-2024)
CRISIL Ltd recorded volume of 8.45 lakh shares by 14:14 IST on NSE, a 14.57 times surge over two-week average daily volume of 57985 shares
Hyundai Motor India IPO Day 3: Subscription soars 2.28x; QIBs drive demand (17-10-2024)
The pubclic issue of Hyundai Motor India, which enjoys the second-largest share of the country’s passenger vehicle market, is the largest offering in India since LIC went public with a Rs 21,000 crore
Central Bank of India gains after Q2 PAT rises nearly 51% YoY to Rs 913 crore (17-10-2024)
Central Bank of India gained 2.28% to Rs 58.70 after the bank reported 50.91% jump in net profit to Rs 913 crore on a 17.08% increase in total income to Rs 9,849 crore in Q2 FY25 as compared with Q2 FY24.
Central Bank of India consolidated net profit rises 48.54% in the September 2024 quarter (17-10-2024)
Total Operating Income rise 11.64% to Rs 8235.34 crore