US dollar index net long positions slide to its lowest level in four months from a nine-month high in the previous week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of US dollar index futures, traded by large speculators and hedge funds, totaled a net position of 1798 contracts in the data reported through September 17, 2024, showing a sharp decline of 18412 net long contracts compared to the previous week.
Posts in category Business Standard
Northern Arc IPO listing buzz: GMP resurges 55%; check likely listing price (23-09-2024)
Northern Arc Capital shares are poised for their market debut tomorrow. Here’s what GMP trends indicate about the listing prospects
SBFC Finance Ltd leads gainers in ‘A’ group (23-09-2024)
Reliance Industrial Infrastructure Ltd, Dilip Buildcon Ltd, V-Mart Retail Ltd and Edelweiss Financial Services Ltd are among the other gainers in the BSE’s ‘A’ group today, 23 September 2024.
SpiceJet soars 10% as company successfully raises Rs 3,000 crore via QIP (23-09-2024)
SpiceJet’s board approved the issue and allotment of 48,70,12,986 equity shares to eligible qualified institutional buyers
This smallcap NBFC stock rose 5% ahead of Board meeting to raise funds (23-09-2024)
The shares of Ugro Capital rose ahead of the company’s scheduled board meet on September 24 to consider fund raising.
JSW Infra rises 5% on receiving delivery of 2nd dredger from Netherlands (23-09-2024)
JSW Infrastructure got the delivery of the second dredger which aligns with the company’s FY2030 growth plan to boost capacity
Indices trade with moderate gains; oil & gas shares advance (23-09-2024)
At 11:30 IST, the barometer index, the S&P BSE Sensex, rose 135.57 points or 0.16% to 84,683.92. The Nifty 50 index rose 73.30 points or 0.28% to 25,864.25.
RPower up 5%, hits 7-yr high ahead of board meeting to consider fundraise (23-09-2024)
Reliance Power shares are quoting higher for the eighth straight trading day, having surged 29 per cent during the period.
Global economic activity slows while pace of disinflation remains sluggish: RBI Bulletin (23-09-2024)
According the RBI September bulletin, global economic activity is slowing down while the pace of disinflation remains sluggish, provoking caution among monetary policy authorities. In India, domestic drivers private consumption and gross fixed investment were robust and net exports remained sequentially positive in their support to gross domestic product (GDP) growth in Q1:2024-25. The underperformance of agriculture was compensated for by a buoyant manufacturing sector and resilient services. Household consumption is poised to grow faster in Q2 as headline inflation eases, with a revival of rural demand already taking hold. Consumer price index (CPI) inflation came in below the Reserve Banks target for the second consecutive month in August, although in light of the recent experience, food price volatility remains a contingent risk.
Unichem Labs shares jump 4% after announcing consolidation of US generics (23-09-2024)
Unichem Laboratories share price surged up to 4.1 5 per cent at Rs 671.55 per share on the BSE in Monday’s intraday trade