News Overview

NSE emphasized the need for clients/members to only trade to reduce their positions and cautioned against increasing open positions during this period

Revenue for the Kingfisher brewer increased 17.3% to ₹4,788.68 Crore, the business reported in a regulatory filing on May 7.

With a 29.54% ownership holding in Hindustan Zinc, the government is the company's largest minority shareholder.

Brent crude oil futures had dropped 21 cents, or 0.3%, to $82.95 per barrel. At $78.25 a barrel, U.S. West Texas Intermediate crude futures dropped 13 cents, or 0.2%.

Check out the price of Petrol and Diesel in your city today.

Based on CME's FedWatch Tool, markets are presently pricing in a 65% possibility of a U.S. rate cut in September.

The US dollar remained stable at 105.41 against a basket of currencies, a considerable distance from its one-month low that it reached last week.

Despite a modest topline, the JSW Group company reported a consolidated net profit of ₹345.3 Crore for the March FY24 quarter.

Both indices closed lower on May 7th due to selling pressure across sectors and disappointing Q4 earnings.

TBO Tek aims to raise ₹1,550.81 Crore through its IPO, priced at the upper end of the price band of ₹875-920 per share.