US stocks The Federal Reserve on Wednesday cut interest rates by half a percentage point, ending its rate-hiking cycle that began in 2022. Federal Reserve “lowered its overnight lending rate to a range of 4.75%–5% from 5.25%–5.5%.” “Recent indicators suggest that economic activity has continued to expand at a solid pace. Job creation has slowed … Read more
Gold prices rose to a record high on Wednesday after United States Federal Reserve cut interest rates by 50 basis points, causing the dollar to fall. Gold spot Gold rose 0.9% to $2,592.39 an ounce by 14:17 ET (1817 GMT). U.S. gold futures closed up 0.2% at $2,598.60. “Gold is up to record highs, but … Read more
Indian Railway Finance Corporation Share Price 158.56 16:00 hours | September 18, 2024 -2.04(-1.28%) One97 Communications Share Price 671.45 15:59 | September 18, 2024 7.06(1.07%) YES Bank Share Price 23.32 16:00 hours | September 18, 2024 -0.08(-0.35%) ITC Share Price 507.35 16:12 | September 18, 2024 -0.4(-0.08%) HDFC Bank Share Price 1694.8 16:08 | September … Read more
Markets around the world are eagerly awaiting what will be a historic political announcement by the… United States Federal Reservewhere the central bank is expected to begin a cycle of rate cuts. The announcement will be made at 11:30 pm IST (Indian Standard Time) on Wednesday. If analysts are to be believed, the US Federal … Read more
Indian Railway Finance Corporation Share Price 158.56 16:00 hours | September 18, 2024 -2.04(-1.28%) One97 Communications Share Price 671.45 15:59 | September 18, 2024 7.06(1.07%) YES Bank Share Price 23.32 16:00 hours | September 18, 2024 -0.08(-0.35%) ITC Share Price 507.35 16:12 | September 18, 2024 -0.4(-0.08%) HDFC Bank Share Price 1694.8 16:08 | September … Read more
Gold prices continued to shine by rising Rs 170 to Rs 73,264 per 10 gram on the MCX on Wednesday amid a uptrend In the international arena markets Ahead of the US Federal Reserve’s interest rate decision, gold contracts for October delivery were trading Rs 170 higher, or 0.23 per cent higher, at Rs 73,264 … Read more
Nazara TechnologiesIndia’s leading diversified sports media and gaming company, announced its largest ever fundraise of Rs 900 crore to fuel its growth trajectory. The company’s board of directors has approved the raising of funds through a preferential agreement. equitysubject to regulatory and shareholder approvals. This capital infusion willpower strategic fuel acquisitions, funds business expansion and … Read more
Quality Power Electrical Equipments, a power transmission equipment and electrical technologies company, has filed preliminary documents with capital market Regulator Sebi will raise funds through an initial public offering. The initial public offering (IPO) includes a fresh issue of shares equity shares totalling up to Rs 225 crore and an offer for sale (OFS) of … Read more
Rajesh Sharma, MARYLAND, Capri Global Capital LimitedSharma says that they have done loan restructuring during the COVID time because as per the RBI circular, some of the customers have opted for the restructuring option available to them. When the restructuring book was opened like a regular book, once the restructuring was over, some of their … Read more
Major Indian indices closed in the red on Wednesday, dragged down by IT sector heavyweights Information systems and Tata Consulting Services (TCS). They also snapped their two-session winning streak after hitting new record highs. Skilled hit an all-time high of 25,482.20 before ending the session at 25,377.55, down 41 points or 0.16%, while S&P BSE … Read more
