News Overview

According to Governor Michelle Bowman, the recent Fed dovish stance has its own share of risks

The IPO will consist entirely of a fresh issue of 1.25 crore equity shares by the company.

As a non-banking finance company (NBFC) based in Maharashtra, Manba Finance intends to use the IPO proceeds to bolster its capital base and support its future growth plans.

L&T Semiconductor Technologies (LTSCT), a wholly-owned subsidiary of L&T, is the first significant Indian semiconductor product firm - a fabless company that designs and delivers smart devices to global customers.

BEL shares have produced multibagger gains to investors over the last year, climbing by up to 111%. So far this year, investors have received a 57% return.

the euro remained constant at $1.1172, while sterling traded at $1.3381, with traders looking to Friday's US jobs report as the next significant data point.

The spot gold price gained 0.2% to $2,662.3 per ounce. Bullion finished 0.5% lower on Friday, ending a six-session surge.

Brent crude futures for December delivery rose 10 cents, or 0.14%, to $71.64. US West Texas Intermediate oil futures rose 8 cents, or 0.12%, to $68.26 a barrel.

At the close of the previous session, the Sensex dropped by 264.27 points or 0.31%, settling at 85,571.85, while the Nifty 50 fell by 37 points or 0.14%, closing at 26,179.

Here are some of the stocks that may see significant price movement today: Welspun Enterprises, IDFC First Bank, Dr Reddy’s Laboratories, etc.