The Nifty IT index was trading 0.37 per cent at 41901.45.
Federal Bank shares 0.43% as Nifty falls (21-11-2024)
The stock quoted a 52-week high price of Rs 210.50 and low of Rs 139.45.
DIY Momentum QnA and Discussion (21-11-2024)
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Dollar index regains upside; Upcoming US data in focus (21-11-2024)
The dollar index spiked to a one-week high and regained strength to a yearly high in the previous session tracking higher yields amid rising geo-political tensions between Russia and Ukraine. Uptrend in the counter stays intact, supported by the economy’s resilience and limited expectations of aggressive Fed easing. Last week, Powell downplayed the need for aggressive easing, emphasizing the economy’s strength. He suggested slowing the pace of rate cuts to increase chances of achieving the right balance. The dollar index that measures the greenback against a basket of currencies is quoting at 106.55, off yesterdays sharp spike and marginally lower on the day. Investors look forward to US data this week including US Initial Jobless Claims, S&P Global Flash PMIs, and the University of Michigan (UoM) final reading of Consumer Sentiment for November. Among basket currencies, EURUSD and GBPUSD are staying mildly positive at $1.0557 and $1.2650 respectively.
Godrej Properties acquires 53 acre land parcel in Joka, Kolkata (21-11-2024)
The proposed project is estimated to have a development potential of ~ 1.3 million square feet of saleable area comprising primarily residential plotted development with an estimated revenue potential of Rs 500 crore.
Stock market update: Nifty Pharma index 0.27% in a weak market (21-11-2024)
The Nifty Pharma index was trading 0.27 per cent at 21826.70.
PSP Projects shares tumble as US charges Adani with bribery (21-11-2024)
PSP Projects dropped 8.60% to Rs 614 amid allegations that US prosecutors have indicted Gautam Adani and his associates for a $250 million bribery scheme.
Hariom Pipes Ltd: A Capex Play! (21-11-2024)
What does in house consumption mean ?
Adani Green tumbles after US DOJ, US SEC indicts board members; Co defers dollar bond issue proposal (21-11-2024)
Adani Green Energy said that following the criminal indictment of its board members by the US DOJ and US SEC, its subsidiaries have deferred the proposal for issue of USD denominated bonds.