Latest Stock Market News

Meanwhile, US inflation print released during the week prompted further pain for the greenback. In the recent Beige book survey, the Federal Reserve said the US economy has shown an overall increase in activity since late May, though most regions expect the pace of expansion to weaken.

Rate this item

(1 Vote)

Fed officials are expected to raise rates by 25 basis points at their meeting this month after pausing their 15-month tightening campaign in June while at the same time indicating that two more increases were likely this year.

Yield on the 10-year benchmark government bond could move up 4 basis points (bps) in the three-month period, while the change for corporate and state bonds could be as much as 11 bps, it said.

Zen Technologies was the top gainer from the smallcap pack with nearly 37.2% returns, followed by Lloyds Steels Industries (33.9%), Pix Transmissions (27.9%), and Patel Engineering (26.2%).

Rate this item

(1 Vote)

​​Foreign fund managers continued to pour money into Indian equities, buying stocks worth ₹2,636.43 crore on Friday as the dollar fell to a 15-month low on easing inflation. A weakening dollar is fuelling appetite for riskier assets such as emerging markets.

Rate this item

(1 Vote)

Top central bank officials said they have enough room to ease monetary policy if needed and hinted at possible adjustments to the reserve requirement ratio for banks and further targeted easing of property controls.

Shares of the online food delivery aggregator surged more than 12% in the week gone by and scaled a 52-week high of Rs 84.50 on Friday.Most of the stocks in this space have had a strong run in 2023, after the massive sell-off in 2022.

Rate this item

(1 Vote)

While all other special rights held by shareholders cease to exist when a company goes public, the right to nominate directors to the board had thus far been allowed by Sebi

Bennett Coleman and Co currently holds 12.36% stake in the company, the third largest shareholder after Kamal Khushlani, who has 33.84% stake and Poonam Khushlani (27.62%).

Rate this item

(1 Vote)

Out of the total allocation 37.8 lakh equity shares to the anchor investors, 22.27 lakh equity shares were allocated to 9 domestic mutual funds through a total of 19 schemes.

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.