News Overview

In April, the business sold over 1050 apartments worth more than ₹3,000 Crore at its Godrej Zenith project in Sector 89, Gurugram.

SEBI issued observations on the draft papers for the LE Travenues Technology IPO on May 14 and for Bansal Wire Industries on May 17.

Petrol and Diesel prices today, May 23rd, 2024

The project is valued at ₹1,864.71 Crore and is scheduled to be completed within 36 months from the notice of commencement date, as stated in a regulatory filing on May 22.

The Pune-based insurer offered its shares in an initial public offering (IPO) priced between ₹258-272 per share, with a minimum lot size of 55 shares.

Operational revenue was ₹11,978.11 Crore, a 2.5% decrease from ₹12,285.6 Crore in the same period previous year.

Brent crude futures dropped 27 cents, or 0.3%, to $81.63 a barrel. West Texas Intermediate (WTI) futures for the United States were down 0.5%, or 35 cents, to $77.14.

WPI inflation for April 2024 showed a strong bounce with prices bouncing across food, fuel, and manufacturing baskets

Spot gold remained steady at $2,377.48 an ounce. On Monday, gold reached a record high of 2,449.89. At $2,378.20, gold futures were down 0.6%.

Asian markets mixed after US Fed minutes indicated inflation concerns and limited interest rate cut expectations.