Power Finance Corporation is currently trading at Rs. 507.30, up by 6.20 points or 1.24% from its previous closing of Rs. 501.10 on the BSE. The scrip opened at Rs. 503.00 and has touched a high and low of Rs. 516.75 and Rs. 503.00 respectively. So far 222783 shares were traded on the counter. The … Read more
The three-day Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting began on Wednesday, as the central bank seeks to balance fostering economic growth with managing inflation. The focus once again is on the repo rate which has been steady at 6.5 per cent for the past nine MPC meetings and the status quo … Read more
Growth in India's dominant services sector remained strong in November despite the steepest rise in prices for over a decade, while consistent demand led to a significant rise in business sentiment and record hiring, a business survey showed. The HSBC final India Services Purchasing Managers' Index, compiled by S&P Global, stayed almost unchanged at 58.4 … Read more
Gold prices steadied on Wednesday as markets awaited U.S. jobs data and comments from Federal Reserve Chair Jerome Powell for further insights into the U.S. interest rate cut trajectory. Spot gold held its ground at $2,644.42 per ounce, as of 0203 GMT. U.S. gold futures eased 0.1% to $2,666.40. The U.S. ADP employment report is … Read more
Thyrocare Technologies is currently trading at Rs. 1027.10, up by 13.65 points or 1.35% from its previous closing of Rs. 1013.45 on the BSE. The scrip opened at Rs. 1025.00 and has touched a high and low of Rs. 1050.65 and Rs. 1023.60 respectively. So far 4480 shares were traded on the counter. The BSE … Read more
L&T Technology Services is currently trading at Rs. 5377.15, up by 63.20 points or 1.19% from its previous closing of Rs. 5313.95 on the BSE. The scrip opened at Rs. 5359.80 and has touched a high and low of Rs. 5379.50 and Rs. 5329.05 respectively. So far 34 shares were traded on the counter. The … Read more
The U.S. dollar recovered from a three-week low versus the yen on Wednesday and held its ground against other major rivals as traders pondered the chances of a Federal Reserve interest-rate cut this month. South Korea's won stabilised following its plunge to a two-year low on Tuesday and then a partial recovery after President Yoon … Read more
The government on Tuesday approved five capital acquisition proposals worth Rs 21,772 crore to augment the country’s defence preparedness. Defence Acquisition Council (DAC), under the chairmanship of Defence Minister Rajnath Singh, accorded acceptance of necessity (AoN) for five capital acquisition proposals amounting to over Rs 21,772 crore. DAC granted approval for the procurement of 31 … Read more
White collar hiring in India grew 6 per cent in the festive season (October and November), driven by strong growths in key non-IT sectors, a report showed on Tuesday. The sectors like Oil and Gas (+16 per cent), Pharma/Biotech (+7 per cent), FMCG (+7 per cent), and real estate (+10 per cent), alongside sustained momentum … Read more
Asian equities stumbled on Wednesday while currencies were volatile as traders scrambled to contend with the political storm in South Korea, where martial law was imposed and subsequently lifted hours later. South Korea's won strengthened in early trading buoyed by suspected intervention but remained close to the two-year low against the dollar it hit late … Read more