Auto Sector

At its first investor day post-merger, LTIMindtree (LTIM) highlighted how the company is focused on driving both revenue (USD 1 billion over the medium term) and cost synergies (200 basis points margin expansion by FY27).

February 2023 was another encouraging month for the US economy with consumer inflation falling 40 bps to 6.0%.

Here are some stocks that may show significant price movement today.

US markets closed in the green yesterday.

The stock, however, dropped after the offering, dropping as much as 7% to Rs560 before closing at Rs605.50.

Brent crude futures were up 62 cents, or 0.8%, to $78.07 per barrel. West Texas Intermediate (WTI) crude for the United States increased by 70 cents or 1.0% to $72.03 a barrel.

Spot gold was down 0.1% at $1,901.24 per ounce after briefly falling below the crucial $1,900 barrier earlier in the day. Futures for U.S. gold decreased 0.3% to $1,905.30.

As three U.S. banks failed in a matter of days, overnight, banking stocks recovered and bonds and interest rate futures gave back some of the significant gains they had made.

Import of coal needed to meet peak power demand.

The offer will result in 41% recovery for financial creditors of JBF.