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​Allowing hedging at IFSC will help mitigate these risks as they will be able to directly hedge in dollar terms, Mathur said. In his view, it was a win-win situation for both the jewellery industry and the IFSC in terms of hedging transaction costs and remaining competitive

Jana SFB IPO: Both the categories of retail and NIIs were booked over 2%. The QIB portion lagged with just 14% subscriptions so far. In the unlisted market, the shares are fetching a premium of Rs 55, down from the previous day.

​The company reported a net loss of 79.4 million rupees (nearly $957,000) in the three months to Dec. 31, compared to a profit of 165.3 million rupees a year earlier

A total of 12,641 shares changed hands on the counter till 02:06PM (IST).

As of 31-Dec-2023, promoters held 50.23 per cent stake in the company, while FIIs held 24.73 per cent and domestic institutional investors had 15.02 per cent.

“China seems to be divorced from the rest of the world,” said Steve Sosnick, chief strategist at Interactive Brokers. “Part of the lack of equity response is that the global economy is doing OK without China. The prior reactions occurred when China was a bastion of growth in a shakier world.”

Consolidated profit after tax came increased more than 8% from a year earlier to 1.35 billion rupees (about $16 million) in the third quarter ended Dec. 31, the Indian unit of U.S.-based industrial conglomerate 3M said in an exchange filing.

Capital Small Finance Bank commenced operations as India’s first small finance bank in 2016. They offer a range of banking products on the asset and liability side. It has 42% of the branches in rural areas, 34% branches in semi-urban areas and 24% in urban areas, as of September 2023.

For the week, the CSI300 jumped 5.8% and the Shanghai Index advanced 5%, both booking their biggest weekly gain since November 2022. The markets will be closed for the long Lunar New Year holiday from Friday.