Auto Sector

SIPs and NFOs continued to play a major role in driving flows into equities.

If July 2023 saw a minor bounce in inflation of just 20 bps, the month of August 2023 saw inflation go up by a decisive 50 bps from 3.20% to 3.70%.

The price of benchmark Brent crude increased 17 cents to $92.05 per barrel, while West Texas Intermediate crude (WTI) increased 19 cents to $88.71.

According to the reports, the strategy is to lease 11 aircraft for brief wet leases before looking at lengthier dry leases for an additional 11 aircraft.

The U.S. dollar index, which compares the dollar to a basket of six developed-market currencies including the euro and yen, fell 0.1% to 104.63 in the early Asian morning.

After falling to $1,905.10 on Wednesday, spot gold increased 0.3% to $1,912.09 per ounce. At $1,933.70, U.S. gold futures were up 0.1%.

The price range for the offering, which commenced on September 13, is set at Rs 983-1,035 per share.

The offer comprises a fresh issuance of shares worth Rs 1,200 crore and OFS of 1.35 crore equity shares.

Zaggle operates within the B2B2C segment and distinguishes itself as one of the few companies uniquely positioned to provide a wide range of financial technology products and services.

The price band for the offering, which will remain open until September 18, has been fixed at Rs 156-164 per share.