Posts in category Business Standard
Vedanta nears record high on improved outlook; zooms 94% from March low (21-05-2024)
In past three trading days, it rallied 12% after declared first interim dividend of Rs 11 per share for FY25 and approved to raise funds up to Rs 8,500 crore by various financial instruments.
Rolex Rings Ltd leads gainers in ‘A’ group (21-05-2024)
Bharat Bijlee Ltd, Rail Vikas Nigam Ltd, Balkrishna Industries Ltd and Sudarshan Chemical Industries Ltd are among the other gainers in the BSE's 'A' group today, 21 May 2024.
Speculative Net Longs In Euro Futures Continue To Rise (21-05-2024)
Large currency speculators in the Euro futures market increased their net long position, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Euro futures, traded by large speculators and hedge funds, totaled a net long position of 17155 contracts in the data reported through May 14, 2024. This was a weekly gain of 12,565 net contracts.
Central Bank Swap Lines Enhance Financial Stability, Support Standing of US dollar As Dominant Global Currency (21-05-2024)
Federal Reserve (Fed) Governor Christopher Waller has opined that US dollar may face some challenges to its dominance in the future while the policymakers are also attuned to the potential financial stability challenges that the current broad use of the US dollar can pose for financial systems in the United States and the rest of the world. He noted that past experiences show that foreign shocks can transmit to the United States when investors and governments seek a safe haven to protect the value of their assets in periods of stress. Such a "flight to the dollar" means that dollars are in especially high demand in funding markets around the globe during these episodes, as we saw during the Global Financial Crisis and the financial turmoil at the outset of the COVID-19 pandemic.
Rolex Rings PAT slides 49% YoY to Rs 24 crore in Q4 FY24 (21-05-2024)
Rolex Rings' consolidated net profit declined 49.1% to Rs 23.62 crore in Q4 FY24 as compared with Rs 46.41 crore in Q4 FY23.
PK Leasing & Finance reports standalone net profit of Rs 0.01 crore in the March 2024 quarter (21-05-2024)
Sales rise 14.29% to Rs 0.08 crore
ZR Infra standalone net profit rises 500.00% in the March 2024 quarter (21-05-2024)
Sales reported at Rs 4.38 crore
Govt likely to cut bond sales aided by higher cash balance: Officials (21-05-2024)
The yield on benchmark 10-year bond was little changed at 7.09 per cent on Tuesday
Market trades sideways; PSU bank shares rally (21-05-2024)
At 11:27 IST, the barometer index, the S&P BSE Sensex, was down 55.99 points or 0.07% to 73,950.91. The Nifty 50 index added 7.15 points or 0.03% to 22,509.15.
ONGC records multi-fold jump in Q4 PAT to Rs 9,869 cr (21-05-2024)
The state-owned oil & exploration company reported standalone net profit of Rs 9,869.37 crore in Q4 FY24, steeply higher than Rs 527.86 crore recorded in Q4 FY23.