Browsing: ahead

[ad_1] The equity indices closed higher on Tuesday, with the Sensex rising 274 points and the Nifty gaining 84 points or 0.43%. A total of 1,870 stocks advanced on the BSE, while 1,627 declined. “Global markets are awaiting US inflation data on Wednesday to see if price pressures are continuing to moderate, which could provide clues on the interest rate outlook. A range of 19,300-19,523 needs to be tracked as a support and resistance for Nifty. Any level above 19,523 would resume an uptrend, while a level below 19,300 could lead to correction”, said Devarsh Vakil, deputy head of retail…

Read More

[ad_1] Jewellery retail player Senco Gold Ltd on Monday said it has mobilised Rs 121.5 crore from anchor investors ahead of its initial share sale.The company has allocated 38.33 lakh shares to 21 funds at an average price of Rs 317 apiece, according to a circular uploaded on the BSE website.BNP Paribas Arbitrage, Societe Generale, Elara India Opportunities Fund, 3P India Equity Fund 1, Nippon India Mutual Fund (MF), WhiteOak Capital MF, Sundaram MF, Bandhan MF, Jupiter India Fund and Max Life Insurance Company are among the anchor investors. Senco Gold’s Rs 405-crore Initial Public Offer (IPO) comprises a fresh…

Read More

[ad_1] By Gaurang Somaiya Rupee traded in a narrow range for the week and market participants remained cautious ahead of the important RBI policy statement that was released at the end of the week. In line with expectations, the RBI held rates unchanged for the second successive meeting and remained focused on withdrawal of accommodation stance. The RBI also retained FY24 GDP growth forecast at 6.5%, while expecting FY24 CPI inflation to be at 5.1%, a tad lower than the earlier estimate of 5.2%. Amid a volatile global economic scenario and lingering risks to domestic inflation, it was likely that…

Read More

[ad_1] Denver Mayor Michael Hancock, a Democrat, called for Joe Biden to share more about his health. Hancock said he wants to make sure Biden is “ready and fit to serve” ahead of the 2024 election. An official announcement that Biden is seeking re-election could come next week.  Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app A Democratic mayor called on President Joe Biden to be forthcoming about his health ahead of the 2024 presidential election. Denver Mayor Michael Hancock said on NBC’s “Meet the…

Read More

[ad_1] England are focusing on fine details to stay ahead of increasingly professional Six Nations rivals, head coach Simon Middleton says.Hopes Wales – contracted since January 2022 – could challenge the Red Roses never came to fruition in a 59-3 victory for Middleton’s team.England have dominated the tournament since becoming professional in 2019 and are chasing a fifth successive title.”We’re really conscious that the gap is closing,” Middleton said.”Our challenge is to keep it as wide as we can. It will get tougher and tougher.”We’ve put a massive amount of attention to detail on everything that encompasses our game from…

Read More

[ad_1] JPMorgan’s CEO said he sees trouble ahead for the US economy. Banking sector woes, a hawkish Fed, and Russia’s invasion of Ukraine make for an uncertain macro forecast. The investment bank posted record revenue for its first fiscal quarter on the back of higher interest rates.  Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app JPMorgan CEO Jamie Dimon warned investors of looming “storm clouds” ahead for the US economy in the firm’s earnings report on Friday. The bank posted strong results, with record revenue…

Read More