At 11:30 IST, the barometer index, the S&P BSE Sensex, was up 211.74 points or 0.26% to 82,708.84. The Nifty 50 index rose 60.20 points or 0.24% to 25,310.30.
Posts in category Business Standard
Why have microfinance stocks hit 52-week lows today? Check details here (04-10-2024)
The microfinance industry is currently facing a significant rise in delinquencies, primarily driven by increasing borrower indebtedness, apart from other factors.
Sundaram-Clayton spurts on launching QIP; floor price at Rs 2,320.78 /share (04-10-2024)
Sundaram-Clayton gained 4.38% to Rs 2,453.35 after the firm announced that its board has approved the opening of qualified institutional placement (QIP) issue of equity shares with the floor price of Rs 2,320.78 per share.
Diwali delight: Hyundai Motor India IPO to spark investor interest; details (04-10-2024)
The Hyundai Motor India IPO will mark the first time in two decades that a carmaker has gone public in India, following Maruti Suzuki’s listing in 2003
NSE SME Forge Auto International skids on listing day (04-10-2024)
Shares of Forge Auto International were trading at Rs 107.50 on the NSE, a discount of 0.46% compared with the issue price of Rs 108.
RBI study shows tomato, onion and potato farmers get only a third of retail price that consumer pays (04-10-2024)
According to an RBI working paper that studies the price dynamics of tomato, onion and potato (TOP) in India, despite having a modest weight in the consumer price index (CPI), significantly impact food and headline inflation due to their high price volatility. The value chain analysis of the three vegetables suggests that farmers are getting around one third of the price that a consumer is paying; the rest is apportioned by the wholesalers and retailers – unlike other sectors like dairy, where farmers are getting around 70 per cent of the final price. Marketing reforms, storage solutions, enhancing processing capacity, and raising yields through higher R&D investments in developing climate resistant varieties and innovative cultivation techniques would be critical for improving the value chains, increasing farmers share in consumer rupee and containing price volatility, the study noted.
Aarti Drugs gains after arm receives UK MHRA GMP Compliance Certificate (04-10-2024)
Aarti Drugs rose 2.57% to Rs 526.85 after the Medicines and Healthcare Products Regulatory Agency (UK MHRA) has granted a Certificate of GMP Compliance of a Manufacturer for its arm, Pinnacle Life Science’s manufacturing facility in Himachal Pradesh.
Bank of Baroda stock jumps over 3% as global biz grows over 10% in Q2 (04-10-2024)
Bank of Baroda’s (BoBs) share price climbed 3.12 per cent in intraday deals on Friday
NSE SME Nexxus Petro Industries jumps on debut (04-10-2024)
Shares of Nexxus Petro Industries were trading at Rs 132.30 on the NSE, a premium of 26% compared with the issue price of Rs 105.
Volumes soar at Axis Bank Ltd counter (04-10-2024)
Axis Bank Ltd clocked volume of 23.25 lakh shares by 10:48 IST on BSE, a 7.38 times surge over two-week average daily volume of 3.15 lakh shares