News Overview

Iron ore has experienced a downturn, primarily due to concerns over demand in China, where the property sector, heavily reliant on steel, has faced an enduring crisis. Consequently, some mills have curtailed production.

Brent crude futures dropped by 18 cents to $85.60 per barrel, while U.S. crude futures shed 19 cents to $80.88 per barrel.

His key responsibilities at Microsoft include shaping an inclusive and high-performance culture, aligning organization and talent strategies with business strategy, and building high-performing leadership teams.

By partnering with AirGain, Brightline aims to offer the most competitive fares across different service tiers, ensuring its continued dominance in the market.

On Friday, Asian equities were nearing a weekly gain, and the Nikkei surged to a new high.

Here are some of the stocks that may see significant price movement today: Wipro, Tata Communications, Tata Chemicals, Hero MotoCorp, etc.

Furthermore, all sectoral indices closed in positive territory. The Realty index led the charge with a gain of 3%, followed by the Metal and PSU Bank indices, which rose by 2.44% and 2.14%, respectively. The media index closed up 1.79%, while the Auto index and Consumer Durables index recorded gains of 1.44% and 1.48%, respectively. The Oil & Gas index also ended the day up by 1.32%.

Broadly, there are 3 levels of changes that we can decipher from the March 2024 projections of US macros compared to the December 2023 macros. GDP growth is being projected higher, unemployment is being projected lower and core PCE inflation is likely to be the pressure point in CY2024. However, the longer term projections are largely unchanged in the March 2024 update.

The lessors sought deregistration of three Boeing 737-800s due to outstanding payment issues. The DGCA deregistered the planes with the call letters VT-MXJ, MXF, and SZJ.

Previously, for Quant Mutual Fund, the minimum redemption amount stood at ₹1,000 or the account balance, whichever was less.