News Overview

According to sources, Blackstone plans to sell a 10.6% stake in the IT company through block deal, with a base price of ₹2,350 per share.

Spot gold was up 0.1% at $2,295.29 an ounce. Gold futures in the US dropped 0.5% to $2,312.20.

Founded in 2008, Kronox Labs specializes in manufacturing high-purity specialty fine chemicals used in a variety of industries.

The acquisition involves purchasing 1.03 equity shares worth over ₹10.31 Crore and 84.37 lakh compulsory debentures worth ₹8.43 Crore, in multiple tranches

The company has allotted 3.58 crore equity shares to 23 funds at ₹93 each, totaling ₹333 crore.

In early morning Asian trade, the euro dropped 0.3% to a one-month low of $1.0764 and then plummeted to a 21-month low of 84.60 pence.

Here are some of the stocks that may see significant price movement today: MPhasis, Lupin, KEC International, etc.

The robust U.S. jobs data raised concerns that the Federal Reserve might delay cutting interest rates longer than anticipated.

Both U.S. West Texas Intermediate and Brent crude futures were down 4 cents a barrel, at $75.49 and $79.58, respectively.

May Nifty show was led by autos, but surprisingly FMCG also joined into the party