Posts in category Business Standard
Utilties stocks edge higher (02-05-2024)
Utilties stocks were trading in green, with the S&P BSE Utilities index increasing 39.92 points or 0.67% at 5962.76 at 09:34 IST.
FMCG stocks edge higher (02-05-2024)
FMCG stocks were trading in green, with the S&P BSE FMCG Sector index increasing 94.05 points or 0.48% at 19706.04 at 09:34 IST.
Tata Motors rises as domestic sales rises 12% YoY in April’24 (02-05-2024)
Tata Motors added 1.01% to Rs 1,018 after the auto major's total domestic sales rose 12% to 76,399 units sold in April 2024 as against 68,514 units sold in April 2023.
Ashok Leyland gains after auto sales rise by 10% YoY in April (02-05-2024)
Ashok Leyland added 2.73% to Rs 197.85 after the company reported 10% rise in commercial vehicle sales to 14,271 units in April 2024 from 12,974 units in April 2023.
Govt bond yields likely to dip tracking US yields on Fed rate stance (02-05-2024)
The 10-year yield was around the crucial 4.60% mark, while the two-year yield, a closer indicator of interest rate expectations was around 4.95%
Indices edge higher in early trade; breadth positive (02-05-2024)
At 09:25 IST, the barometer index, the S&P BSE Sensex, advanced 153.46 points or 0.20% to 74,627.36. The Nifty 50 index added 40.70 points or 0.18% to 22,645.55.
Hindustan Petroleum Corporation Ltd Spikes 3.8% (02-05-2024)
Hindustan Petroleum Corporation Ltd has added 6.59% over last one month compared to 3.53% gain in S&P BSE Oil&Gas index and 0.66% rise in the SENSEX
US Stocks finish mixed after Fed holds rate steady (02-05-2024)
The central bank voted to keep its benchmark interest rate in a range of 5.25%-5.50%, a 23-year high, at the conclusion of its two-day policy meeting. The fed funds rate has been in this range since July 2023. In a policy statement, Fed officials said, "In recent months, there has been a lack of further progress towards the committees 2% inflation objective." Officials reiterated more clarity in the outlook for inflation returning to target will be needed before cutting rates.
Bajaj Auto April sales volumes grow 17% (02-05-2024)
The company's domestic sales rose 17% to 2,49,083 units while exports rose 18% to 1,39,173 units in April 2024.
L&T Technology Services collaborates with FORVIA (02-05-2024)
For development of engine technologies for ultra-low emission and clean mobility