Indian government bond yields fell early Tuesday amid investor optimism for possible inclusion in FTSE Russell’s emerging market debt index and anticipated RBI policy decisions. The 10-year bond yield dropped to 6.8263%, driven by renewed investor confidence and strong local bank purchases.
Metal index corrects for 4th day in a row; NMDC, Tata Steel slips up to 8% (08-10-2024)
The Nifty Metal index, the top loser among sectoral indices, was down 2 per cent, as compared to the 0.35 per cent rise in the Nifty 50, at 9:53 AM.
Shares of Adani Power rise as Nifty gains (08-10-2024)
On the technical charts, the 200-day moving average of the stock stood at Rs 627.35.
Stock market update: Nifty Bank index advances 1.05% in an upbeat market (08-10-2024)
The Nifty Bank index was trading 1.05 per cent up at 51010.8.
FlyArystan extends partnership with RateGain for competitive pricing intelligence (08-10-2024)
The partnership, announced today, aims to strengthen FlyArystan’s competitive rate intelligence and enhance passenger experience, company says
India’s RBI enters into Currency Swap Agreement with Maldives Monetary Authority (08-10-2024)
The Reserve Bank of India (RBI) has entered into a Currency Swap Agreement with the Maldives Monetary Authority (MMA) under the SAARC Currency Swap Framework 2024-27, on October 07, 2024, in New Delhi. Under the agreement, the MMA is eligible for financing support from the RBI amounting to USD 400 million under the US Dollar/ Euro Swap Window and INR 30 billion under the INR Swap Window. The agreement would be valid till June 18, 2027. The SAARC Currency Swap Framework came into operation on November 15, 2012, to provide a backstop line of funding for short term foreign exchange liquidity requirements or short-term balance of payments stress till longer term arrangements are made. Seeking to strengthen bilateral ties, India and the Maldives on Monday inked a currency swap agreement, a move that would help the archipelago nation overcome foreign exchange reserve issues. Prime Minister Narendra Modi and visiting Maldivian President Mohamed Muizzu also launched Rupay card in the …
Garuda Construction IPO opens: GMP rises marginally; should you subscribe? (08-10-2024)
Garuda Construction has succeeded in garnering reviews from several brokerages including Anand Rathi Research, SMIFS, and Arihant Capital Markets for its IPO
Bharat Forge shares up 1.58% as Nifty gains (08-10-2024)
The stock quoted a 52-week high price of Rs 1826.2 and low of Rs 1002.7.
Stock market update: Stocks that hit 52-week highs on NSE (08-10-2024)
Tainwala Chem, Niraj Ispat Ind., Power & Instrument, Diffusion Engineers and Ujaas Energy, hit their fresh 52-week highs at 10:59AM.