News Overview

The politically troubled euro was heading for a weekly loss. The yen was slightly weaker at 157.08 per dollar and was expected to lose 0.2% on a weekly basis,

Brent crude futures were down 72 cents, or 0.87%, to $82.04 per barrel. After making minor gains the previous session, West Texas Intermediate (WTI) U.S. crude futures fell 79 cents, or 1%, to trade at $77.84 a barrel.

This data suggests a cautious market sentiment ahead of the opening on June 14, influenced by both global and domestic factors.

Spot gold was down 0.5% at $2,310.89 an ounce. Prior to the release of the report, prices dropped as low as $2303.84. At $2,326.90, gold futures were down 1.2%.

This continued upward trend reflects a positive market sentiment and robust investor confidence across various sectors.

The factory will be constructed over 100 acres in phases, with Ather planning to invest ₹1,000 Crore on it, according to the article.

For the January-March quarter, the company's interest income was ₹3,322.60 Crore, with Net Interest Income (NII) at ₹1,909 Crore, a 14% year-over-year increase from ₹1,679 Crore.

Executives from Indian Oil, Hindustan Petroleum, GAIL, and Reliance BP Mobility Ltd. attended the conference, which was arranged by the Petroleum and Natural Gas Regulatory Board (PNGRB).

Broader market indices were in the green, with BSE SmallCap up 0.79% and BSE MidCap up 0.76%.

However, shareholders rejected the idea last month, with 57.18% voting against the ordinary resolution and 42.82% voting in favour.