NEW YORK -Weakness in U.S. technology stocks pulled a basket of global stocks lower for its second straight session on Friday, and the dollar hit its highest level since early May as a gauge of U.S. business activity edged up to a more than two-year high. S&P Global said its […]
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Stocks fall for second straight session * U.S. dollar gains, yen weakness eyed * Euro zone business recovery slows sharply By Chuck Mikolajczak and Isla Binnie NEW YORK, – Weakness in U.S. technology stocks pulled a basket of global stocks lower for its second straight session on Friday, and the […]
By Mariam Sunny and Bhanvi Satija June 21 – Sarepta Therapeutics shares surged as much as 40% to a more than three-year high on Friday as an expanded use approval cemented its dominant position in the gene therapy market for Duchenne muscular dystrophy . At current levels of $163.88, stock […]
Brent futures rose four cents, or 0.1 per cent, to $85.75 a barrel, while US West Texas Intermediate (WTI) crude for August delivery remained unchanged at $81.29 from where it closed on Thursday. That put Brent on track for its highest close since April 30 for a second day in […]
Medicamen Organics, which manufactures, and distributes pharmaceutical dosages, launched its initial public offerings (IPO) on June 21. The small and medium enterprise (SME) was subscribed over 40.25 times on the first day of subscription. The issue has allocated 584,000 shares (18.84%) to Qualified Institutional Buyers (QIB), 440,000 shares (14.19%) to […]
Gold prices were set for their second consecutive weekly gain on Friday as demand increased due to expectations surrounding U.S. Federal Reserve interest rates. Meanwhile, palladium, used in auto-catalysts, surged over 8%. Spot gold was down 0.2% at $2,354.86 per ounce as of 09:31 a.m. ET (1331 GMT). Despite this […]
The Nifty Auto index settled 0.69 per cent lower at 25,092.30 on Friday, June 21, against the domestic benchmark Nifty 50 which closed 0.28 per cent lower at 23,501.01 succumbing to profit booking after hitting all-time highs. However, the frontline indices locked in a third straight week of gains powered […]
After the Lok Sabha elections, all investors are now eagerly waiting for the announcement of the full budget, which is likely to be presented in the third week of July. Meanwhile, the finance minister conducted pre-Budget consultations with leading experts from the financial and capital markets sector in New Delhi, […]
The index posted a weekly gain of 3.32%, marking its best weekly performance in CY24 so far. The index’s previous best weekly performance was recorded in December, with a gain of 5.46%. Among the top gainers in the index during this week was Bandhan Bank, which finished with a gain […]
Brokerage firm Choice Broking’s executive director Sumeet Bagadia has picked Tata Chemicals stock to buy on Yoga Day 2024, with an upside potential of over 14 per cent. Assigning ‘buy’ rating to the Tata Group stock, Bagadia has given the target price of ₹1270/1320. “TATACHEM is presently trading at ₹1130. […]