News Overview

Benchmark Ten-year US Treasury yields fell to 4.2673%, making non-yielding bullion more appealing to investors.

Brent crude futures rose 21 cents, or 0.25%, to $84.46 a barrel. U.S. West Texas Intermediate crude futures rose 16 cents, or 0.2%, to $80.49 per barrel.

In addition to the 0.26% gain from the previous session, the euro gained 0.04% to $1.0738. Sterling increased to $1.2712, up 0.06%.

WPI inflation for May 2024 bounced sharply, with most of the pressure from the primary basket

Fed macro projections in June are mixed, although the longer run rates will be higher for longer at 2.8%

The Red Sea crisis appears to be taking its toll on the goods exports as it sees a sharp fall

Market breadth was positive as 2,177 shares advanced, 1,598 shares declined, and 106 shares remained unchanged.

The company's net profit grew by 20% to ₹7,190 crore in FY24. Shriram Finance is among 96 companies in India with a market capitalisation over ₹1 lakh crore.

Market breadth was positive with 2269 shares advancing, 1491 declining, and 108 remaining unchanged.

A composite license would allow insurers to provide comprehensive insurance alternatives by merging life, health, and savings into a single policy.