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Source: Live Mint Gold raced past the $2,700 mark for the first time on Friday, extending a rally driven by expectations of further monetary policy easing and safe-haven demand due to uncertainty about the U.S. presidential elections and Middle East conflicts. Spot gold rose 0.6% to $2,709.81 per ounce by 1145 GMT, having hit an…
Source: Live Mint The Securities and Exchange Board of India (Sebi) has introduced a three-day liquidity window facility to encourage retail participation in the corporate bond market. In a 16 October circular, the market regulator said it would allow bond issuers to give investors voluntary put options to sell bonds back at specific intervals before…
Source: Live Mint India’s central bank Governor Shaktikanta Das said an interest rate cut at this stage would be “very premature” and risky. While inflation is expected to moderate, there are “significant risks” to the outlook, Das told Bloomberg News Deputy Editor-in-Chief Reto Gregori at the India Credit Forum in Mumbai on Friday. He added…
Source: Live Mint Top Gainers and Losers Today : The **Top Gainers and Losers** Today: The Nifty index closed at 24,749.85, reflecting an increase of 0.42%. During the trading session, the Nifty reached a day high of 24,886.20 and a low of 24,567.65. The Sensex traded within a range of 81,391.15 and 80,409.25, closing 0.27%…
Source: Live Mint Stock market today: Indian stocks showed a smart recovery in the second half of the trading session today, rebounding from an initial weak start. This turnaround propelled the frontline indices to close positively, breaking a three-day losing streak. The Nifty 50 concluded the session with a gain of 0.42%, closing at 24,854…
Source: Live Mint Shriram Finance share price reversed initial losses to jump nearly 4 per cent after the company said its board will meet later this month to consider interim dividend and stock split. The said meeting is slated for Friday, October 25. Following the announcement, Shriram Finance stock jumped as much as 3.61 per…
Source: Live Mint Penny stock Srestha Finvest hogged the limelight in trade on Friday, October 15, as it rose nearly 4 per cent to Re 0.82 after the company announced an Extra-ordinary General Meeting (EGM) to seek shareholders’ approval to fundraising along with other propositions. The penny stock, priced below Re 1, opened at Re…
Source: Live Mint Infosys Ltd’s September quarter (Q2FY25) results fell short of market expectations, leading to a nearly 5% drop in its share price on Friday. This was despite the IT major reporting a sequential constant currency (CC) revenue growth of 3.1%, exceeding consensus estimates. Excluding the retail sector, all other verticals grew quarter-on-quarter. As…
Source: Live Mint Foreign Portfolio Investors (FPIs) have been persistently offloading Indian equities throughout October, shifting focus towards more affordable markets, such as China. As of October 17, FPI outflows from the Indian stock market have reached a substantial ₹70,398 crore (approximately $8.38 billion), following robust inflows of ₹57,724 crore in the preceding month. This…
Source: Live Mint Godavari Biorefineries IPO: Godavari Biorefineries has fixed the price band for its upcoming initial public offering (IPO), which is slated to open for subscription on October 23, in the range of ₹334 to ₹352 apiece. Godavari Biorefineries IPO will close for subscription on October 25. The anchor investment date is fixed as…
