The Indian rupee witnessed range-bound trade and settled for the day higher by 6 paise at 83.90 (provisional) against the US dollar on Friday supported by weakening of the American currency in the overseas market and significant foreign fund inflows. The dollar index fell below 101, extending losses from the previous session amid growing expectations that the Federal Reserve could act more aggressively when it starts cutting interest rates next week. Meanwhile, the benchmark S&P/BSE Sensex slid 71.77 points, or 0.09 percent, to 82,890.94 while the broader NSE Nifty index settled at 25,356.50, down 32.40 points, or 0.13 percent, from its previous close. At the interbank foreign exchange market, the local unit opened at 83.92 and witnessed an intraday high of 83.85 and a low of 83.98 against the American currency.
Posts in category Business Standard
Rupee ends higher, registers strongest weekly rise since late June (13-09-2024)
The rupee closed at 83.8875 against the U.S. dollar, up from its close at 83.9650 in the previous session
Nifty September futures trade at premium (13-09-2024)
NSE India VIX slipped 4.79% to 12.55.
Outcome of board meeting of Max Healthcare Institute (13-09-2024)
At meeting held on 13 September 2024
Max Healthcare Institute inks deal to acquire controlling stake in Jaypee Healthcare (13-09-2024)
Max Healthcare Institute (MHIL) has entered into a Strategic Collaboration Agreement with Lakshdeep Group, the ultimate promoter group of Jaypee Healthcare (JHL) – which is undergoing Corporate Insolvency Resolution Process (CIRP). This Strategic Collaboration and proposed acquisition will give MHIL a controlling stake in JHL, including its flagship asset, the renowned 500-beds Jaypee Hospital, Noida.
Board of the Mahindra & Mahindra Financial Services approves expansion into mortgage business (13-09-2024)
At meeting held on 13 September 2024
Quick Wrap: Nifty Realty Index records a surge of 1.73% (13-09-2024)
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Barometers end with small cuts; broader mkt rallies; VIX slides 4.79% (13-09-2024)
As per provisional closing data, the barometer index, the S&P BSE Sensex declined 71.77 points or 0.09% to 82,890.94. The Nifty 50 index shed 32.40 points or 0.13% to 25,356.50.
Dixon arm enters into MoU with Asus for manufacturing of notebooks (13-09-2024)
Atul B. Lall, Vice Chairman & Managing Director of Dixon Technologies,
expressed, It gives us an immense pleasure to partner with iconic brand Asus for manufacturing of notebooks. We are delighted and encouraged by the trust they have bestowed on Dixon for this collaboration. Asus has established a strong and trusted foothold worldwide, thanks to its advanced technology and we see them as our ideal long-term
strategic partner who shares our core values: focus on quality, engineering prowess and customer satisfaction & we intend to leverage each other’s strengths to manufacture notebook products.
Bajaj Electricals allots 44,375 equity shares under ESOP (13-09-2024)
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