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US stocks open lower as producer prices rebound

Updated at : 2023-02-16 22:20:04

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The S&P 500 opened lower by 32.85 points, or 0.79%, at 4,114.75, while the Nasdaq Composite dropped 174.28 points, or 1.44%, to 11,896.31 at the opening bell

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The ECB plans to cut its debt pile by 15 billion euros a month from March but this figure will be revisited and some policymakers have already called for quicker pace from the third quarter

ideaForge Technology plans to raise Rs 3,000 crore through fresh issue of shares; Akme Fintrade IPO comprises fresh issue of 1.10 crore shares of face value Rs 10 each

​The 52-week low is the least price at which a stock has traded during the last year​

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Mester, who does not have a vote on the Federal Open Market Committee this year, noted she would have been open to a larger rate rise at the gathering

Akme Fintrade files IPO papers with Sebi

Updated at : 2023-02-16 19:20:04

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Udaipur-based Akme Fintrade is primarily engaged in providing rural and semi-urban centric lending solution to customers in four states -- Rajasthan, Maharashtra, Madhya Pradesh and Gujarat

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Equity benchmark indices ended marginally higher on Thursday amid volatility during the last few minutes of trading. The Sensex eked out marginal gains of 44.42 points or 0.07% to settle at 61,319.51.

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The dollar index is currently in a revival mode towards 103-106, which could lead to some dips in gold prices. These dips may also be opportunities to initiate fresh exposure to gold

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Nykaa, Zomato, and Tata Motors were among the top largecaps that AMCs bought this January 2023, whereas 2 Adani stocks and HCL Tech were among the stocks they sold during the same period

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Further, the company has also approved a bonus issue in the proportion of 1:1, which means for every equity share an investor holds, an additional share will be credited.

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