Shakti Pumps (India) added 1.33% to Rs 4,525 after the company announced that it has received an order worth Rs 9.40 crore from Jharkhand Renewable Energy Development Agency for supply of 400 units of solar water pumping systems.
Posts in category Business Standard
US Dollar extends downside ahead of Powell speech; firm yen (23-08-2024)
The US dollar extends recent sharp slide as investors prepare for Federal Reserve Chair Jerome Powells speech at the Jackson Hole symposium later in the global day. After hinting at a rate cut by September in FOMC minutes, markets await clarity on magnitude of the rate cut in the upcoming speech. The dollar index is staying near the lower end of 101 mark at its lowest level for the year so far at 101.23, down 0.17% on the day. Benchmark treasuries yield on the US ten-year note, which moves opposite of its price, lingers around 3.84 percent. Besides, strength in the Japanese currency following a speech by Bank of Japan (BoJ) Governor Kazuo Ueda in Parliament on Friday is adding to downside for the greenback. BOJ Governor Kazuo Ueda said in his Diet testimony that Markets at home and abroad remain unstable, so we will be highly vigilant to market developments for the time being, However, Ueda said the central bank was ready to raise rates if the economy and prices move in line with its
ADAG stocks crack up to 7% as Sebi bans Anil Ambani from markets for 5 yrs (23-08-2024)
Sebi bans Anil Ambani news: According to a PTI report, Sebi has barred Anil Ambani, and 24 other entities, from the securities market for a period of five years
Devyani International shares climb over 5% on block deal news; details (23-08-2024)
The northward movement in the stock price came on the news of block deals involving 42,46,671 shares of the company, worth nearly Rs 79.34 crore
Prism Johnson shares rally 6% after acquiring Sunbath Sanitary; details (23-08-2024)
Prism Johnson’s share price rallied 5.69 per cent at Rs 170.70 per share on the BSE in Friday’s intraday trade
India and the United States discuss advancements in Energy Collaboration (23-08-2024)
Union Minister for Power Manohar Lal held a productive discussion with the US delegation led by John Podesta, Senior Advisor to the President for International Climate Policy. During the discussions, Manohar Lal emphasized the longstanding bilateral partnership between India and the United States, highlighting the shared commitment to a ‘clean’ energy future that fosters economic growth and development. The union minister further states that the Ministry of Power are committed to strengthening this partnership.
Indices pare losses; auto shares advance (23-08-2024)
At 11:30 IST, the barometer index, the barometer index, the S&P BSE Sensex, jumped 92.59 points or 0.12% to 81,146.50. The Nifty 50 index added 35.80 points or 0.14% to 24,846.55.
ESIC data shows 7% jump in net employee registrations in June 2024 (23-08-2024)
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SEPC up 5% on bagging Final Acceptance Certificate from Hutti Gold Mines (23-08-2024)
The uptick in SEPC share price came after the company announced that it has received the Final Acceptance Certificate from HGML for a contract worth Rs 232 crore.
RailTel shares gain 8% on securing new order worth Rs 52.66 crore (23-08-2024)
RailTel order book at the end of the June quarter stood at Rs 4,682 crore