As per provisional closing, the S&P BSE Sensex, was down 318.76 points or 0.39% to 81,501.36. The Nifty 50 index lost 86.05 points or 0.34% to 24,971.30.
Posts in category Business Standard
Cabinet approves additional installment of three percent of Dearness Allowance (16-10-2024)
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Japanese shares decline after BoJ statement (16-10-2024)
Investors also reacted to data showing machinery orders in Japan fell more than expected in August.
Tips Music Q2 PAT jumps 21% YoY to Rs 48 cr in FY25 (16-10-2024)
The Media & Entertainment company reported 21.46% increase in net profit to Rs 48.16 crore in Q2 FY25 as against Rs 39.65 crore posted in Q2 FY24.
Warehousing industry needs to adhere to standards set by BIS (16-10-2024)
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China composite index end marginally higher (16-10-2024)
French luxury giant LVMH suffered its first quarterly sales drop since pandemic, fueling concerns about slowing demand in China and elsewhere.
Ugro Capital secures financing facility of USD 40 million from DFC (16-10-2024)
Ugro Capital announced a significant milestone in its mission to bridge the credit gap in India’s MSME sector. The Company signed a commitment letter with the United States International Development Finance Corporation (DFC) for a USD 40 million (approx. Rs 330 crore) loan. The United States Agency for International Development (USAID) is supporting this transaction by committing its staff resources and linking its technical programs to support inclusive and sustainable economic growth.
India’s trade deficit narrows to $20.78 billion in September (16-10-2024)
Indias trade deficit or the gap between imports and exports was USD 20.78 billion during the month of September. The trade deficit narrowed from $29.7 billion a month back, according to data released on October 16, as merchandise export growth turned positive for the first time in three months. India’s merchandise exports in September slightly rose to USD 34.58 billion against USD 34.41 billion a year ago. Imports increased by 1.6 per cent to USD 55.36 billion in September compared to USD 54.49 billion in the year-ago period.
HDFC AMC jumps 17% in seven days; crosses 1-trillion MCap (16-10-2024)
HDFC Asset Management Company rallied 6.38% to Rs 4838.90, extending gains for the seventh consecutive trading session.
Gala Precision Engineering shares skyrocket 15% due to heavy volume (16-10-2024)
On the NSE alone, the trading volume of Gala Precision Engineering jumped to 4,13,933, nearly 7 times its weekly average volume of 63,527, leading to a surge in the stock price