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InterGlobe Aviation Ltd., incorporated in the year 2004, is a Large Cap company (having a market cap of Rs 70141.40 Crore) operating in Airlines sector.

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Shares on One97 Communications had settled marginally higher at Rs 614.6 on Tuesday. The counter is still 72 per cent below its issue price of Rs 2,150.

Yen slides as Europe braces for rate hikes

Updated at : 2022-06-08 09:20:03

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The yen hit a fresh 20-year low versus the dollar on Wednesday and slipped to a seven-year trough against the euro as traders awaited a European Central Bank meeting likely to leave Japan alone among peers in sticking to ultra easy monetary policy.

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Traders had contracted 9 million tonnes of sugar exports before the ban. Mills had dispatched 8.2 million tonnes, of which 7.8 million tonnes had already been shipped, according to government data.

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The Dow Jones Industrial Average rose 264.36 points, or 0.8%, to 33,180.14, the S&P 500 gained 39.25 points, or 0.95%, to 4,160.68 and the Nasdaq Composite added 113.86 points, or 0.94%, to 12,175.23.

RBI will announce its monetary policy outcome today, which is will impact rate sensitive stocks including bank, NBFCs, housing finance companies, auto, real estate players.

Parekh said that the home loan market in India is estimated at slightly over $ 300 billion, at a mortgage to GDP ratio of just 11% currently, but favourable conditions like rising income levels, improved affordability and fiscal support augur well for the demand for homes.

In the event of non-payment, the markets watchdog said it will recover the amount by attaching and selling their moveable and immoveable properties. They will also face attachment of their bank accounts and arrest.

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Brent crude was up 64 cents, or 0.5%, to $120.36 a barrel at 1339 GMT after touching an intraday high of $121.95.

Gold declines Rs 205; silver tumbles by Rs 964

Updated at : 2022-06-07 20:40:03

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"Spot gold prices for 24 carat gold in Delhi fell by Rs 205 reflecting overnight decline in COMEX gold prices," said Tapan Patel, Senior Analyst (Commodities) at HDFC Securities.

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