Sales rise 96.28% to Rs 6.34 crore
Posts in category Business Standard
Sensex rises 74 pts, Nifty hits record high; LTIMindtree soars 6.5% (28-08-2024)
The key equity indices closed with modest gains on Wednesday, buoyed by strong demand for IT, pharma, and healthcare stocks. Meanwhile, media and public sector banks faced selling pressure. The Nifty 50 index extended its winning streak to tenth consecutive sessions to surpass the 25,050 mark.
Premier Energies subscribed 6.60 times (28-08-2024)
The offer received bids for 29.48 crore shares as against 4.46 crore shares on offer.
Ecos (India) Mobility & Hospitality IPO subscribed 3.36 times (28-08-2024)
The offer received bids for 4.22 crore shares as against 1.26 crore shares on offer.
HC orders Sebi, NSE, BSE to pay Rs 80 lakh for illegal demat a/c freezing (28-08-2024)
Court termed freezing a classic example of “high-handed and reckless” action
GRM Overseas acquires 44% stake in digital-first coffee brand ‘Rage Coffee’ (28-08-2024)
GRM Overseas has acquired a 44% equity stake through a combination of primary infusion and secondary buyouts, marking a major step forward in its expansion into the fast-growing Indian coffee market.
INR dips amid strong dollar demand; positive equities cushion downside (28-08-2024)
The rupee depreciated 3 paise to close at 83.96 (provisional) against the American currency on Wednesday, amidst strong dollar demand from importers particularly oil companies. Meanwhile, a positive trend in domestic equities, foreign fund inflows and overnight decline in crude oil prices cushioned the downside. Indian shares ended Wednesday’s choppy session on a flat note as investors eagerly awaited the release of the Federal Reserve’s preferred inflation gauge later this week for signals on U.S. interest-rate reductions. The 30-share BSE Sensex ended the session up 73.80 points, or 0.09 percent, at 81,785.56, after having hit a high of 82,039.25 in the afternoon. At the interbank foreign exchange market, the local unit opened at 83.94 and touched an intra-day low of 83.97 against the US dollar.
Chinese stocks at seven month low (28-08-2024)
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Japanese stocks record small gains (28-08-2024)
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Nifty August futures trade at premium (28-08-2024)
NSE India VIX advanced 2.32% to 13.95.