Posts in category Economic Times
These 5 commodities stocks hit a 52-week high and rallied up to 38% in a month (28-06-2024)
The 52-week high metric plays a vital role in evaluating a stock's present worth and forecasting potential future price movements.
States plan to sell bonds worth Rs 2.64 lakh crore in Jul-Sep, says RBI (28-06-2024)
Centre to issue T-bills worth Rs 2.60 lakh crore in Q2. In an indicative calendar released by the RBI on Friday, the central bank announced 13 sets of auctions in July-September through which states plan to sell bonds and raise funds.
States to sell 2.64 lakh crore of bonds in July-Sept (28-06-2024)
Centre to issue T-bills worth Rs 2.60 lakh crore in Q2. In an indicative calendar released by the RBI on Friday, the central bank announced 13 sets of auctions in July-September through which states plan to sell bonds and raise funds.
Nike sinks over 18% as gloomy sales forecast fans growth concerns (28-06-2024)
Nike shares slumped 18.6% in early trade on Friday as a forecast for a surprise drop in annual sales amplified investor concerns about the pace of the sportswear giant's efforts to stem market share losses to upstart brands such as On and Hoka.
ICICI Bank raises Rs 3,000 crore through 10-year infra bonds (28-06-2024)
Funds raised through infrastructure bonds, which have a minimum maturity of 7 years, are exempted from the maintenance of Statutory Liquidity Ratio and Cash Reserve Ratio.
Retail loans moderate for the 10th straight month (28-06-2024)
The Reserve Bank of India reported that bank lending to the retail sector moderated for the tenth consecutive month in May, reaching 17.8% from 19.1% a year ago. Corporate loans grew faster at 8.9% compared to 6% in May 2023. Non-food bank credit saw a 16.2% growth in May 2024 compared to 15.5% a year ago.
US dollar weakens vs yen as inflation moderates (28-06-2024)
The U.S. dollar fell against the yen on Friday after data showed inflation in the world's largest economy cooled down last month, cementing expectations that the Federal Reserve will start cutting interest rates this year.
Shares of Trump Media & Technology rise following first presidential debate (28-06-2024)
Shares of Trump Media, the owner of social networking site Truth Social, jumped 5% at the opening bell Friday after the first U.S. presidential debate, with some investors believing it could become a bigger mouthpiece for the former president if he is re-elected.
Nasdaq, S&P 500 open higher as cool inflation data lifts rate cut bets (28-06-2024)
The Dow Jones Industrial Average fell 71.67 points, or 0.18%, at the open to 39,092.39.
F&O Rollover: FIIs bullish on index in July series with net longs; what’s in store for Nifty? (28-06-2024)
Nifty futures rollovers hit 76% at June series end, exceeding the previous three-series average of 69%. The July series kicks off with a higher open interest base of Rs 36,400 crore. Roll cost for Nifty settled at 40 bps on expiry day, down from the previous day's 52-54 bps.