About two months have passed since TAFE's Chairman and Managing Director, Mallika Srinivasan, announced her resignation. Mitra has now been appointed to the Swiggy board.
According to BSE data, at the end of day 2, QIB portion was subscribed 0.82 times. NII portion was subscribed 1.71 time and the retail category was subscribed 1.15 times.
Although it is still near the 152 level, the yen rose to a two-week high versus the US dollar due to safe-haven bids and new cautions from Japanese officials.
According to a NATO officer on Thursday, ongoing Ukrainian drone attacks on Russian refineries may have interrupted over 15% of Russian capacity, affecting the nation's gasoline output.
Powell restated that considering the strength of the economy and the recent high inflation readings, the U.S. central bank has time to carefully consider its first rate cut.
Chinese Shanghai Composite is trading 0.18% lower. Japan’s Nikkei 225 closed 2.42% down. Hong Kong’s Hang Seng index is down by 0.97%. South Korean Kospi index is down by 1.08%.
Among sectors, banks, power, and information technology are up 0.5-1%, while PSU Bank, oil & gas index is down 0.5-1%.
The Bombay Stock Exchange (BSE) has raised the circuit limit for 331 stocks, such as IFCI, Mahanagar Telephone Nigam, and Kesoram Industries, from 5% to 10%.
Advanta Ent is owned 86.7% by UPL and 13.3% by private equity company KKR. In September 2023, KKR paid $300 million to purchase the shareholding.
The banned stocks include Hindustan Copper, SAIL, and ZEEL, which will remain unavailable for F&O trading, though they can still be traded in the cash market.

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