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Japanese share market finished session slightly higher on Thursday, 04 August 2022, as risk sentiments improved on tracking positive cues from Wall Street overnight as well as upbeat earnings of Japanese companies. Meanwhile, the yens fall against the dollar also supported the market. However, market gains were capped as investors awaited the U.S. jobs data due out Friday. At closing bell, the 225-issue Nikkei Stock […]

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Housing Development Finance Corporation (HDFC) announced that the Securities and Exchange Board of India (SEBI) on 04 August 2022 has granted its in-principle approval for change in control of HDFC Asset Management Company, a subsidiary of HDFC, and the asset management company of HDFC Mutual Fund, due to change in co-sponsor of HDFC Mutual Fund, on account of proposed amalgamation of HDFC with and into […]

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Sales decline 26.80% to Rs 4767.07 crore

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The headline equity indices ended with small gains on Friday. IT, banks and financial services stocks were in demand. On the other hand, auto, consumer durables and media stocks were under pressure. Weak European shares put pressure on domestic shares. Meanwhile, the Reserve Bank of India (RBI) increased the interest rate by 50 basis points to 5.4% and retained the FY23 GDP growth forecast at […]

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Sustained foreign fund inflows coupled with falling crude oil prices kept the Indian rupee supported on Friday. The rupee appreciated by 17 paise to close at 79.23 (provisional) against the US dollar on Friday after the Reserve Bank hiked interest rates by 50 basis points. At the interbank foreign exchange market, the domestic currency opened at 79.15 per dollar. It hovered in a range of […]

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