Indian Insurance Industry News & Updates
Stock markets eke out gains in highly volatile trade, extend gains to 3rd day
Benchmark equity indices Sensex and Nifty settled with marginal gains on Thursday in a highly volatile trade amid the scheduled monthly derivatives expiry and muted trend in the U.S. markets.
Last Financial Closing
Sensex |
66,174.20 (+204.16) |
NSE |
19,889.70 (+95.00) |
US$ spot |
Rs.72.8 |
US$ |
Y.104.9300 |
US$ 6 months |
Rs. |
Yen |
Rs.0.69 |
Euro spot |
Rs.88.1 |
Gold (10gm) |
Rs.47,196.00 |
Silver (1kg) |
Rs.69,184.00 |
|
|
Crude Oil (WTI) |
|
Crude Oil (Brent) |
$61.3 |
|
|
Scip on BSE |
Face Value (Rs) |
Last Traded Value (Rs.) |
Apollo Tyres |
1 |
423.35 |
Asahi Ind |
1 |
559.35 |
Amara Raja B |
1 |
700.50 |
|
Ashok Leyland |
1 |
178.65 |
Bharat Forge |
2 |
1,099.60 |
JK Tyre Ind |
10 |
341.40 |
Eicher Motor |
10 |
3,840.00 |
Escorts |
10 |
3,193.50 |
Exide Ind |
1 |
283.10 |
Force Motors |
10 |
3,995.70 |
Gabriel India |
1 |
413.00 |
Hero Motocor |
2 |
3,625.00 |
Hind Motors |
5 |
17.30 |
HiTechGear |
10 |
482.50 |
Jay Bharat |
5 |
109.50 |
Jamna Auto |
5 |
113.50 |
Kinetic Engg |
10 |
132.80 |
KOEL |
2 |
561.00 |
Kirloskar Bro: |
2 |
950.00 |
L&T |
2 |
3,053.00 |
Lumax Ind |
10 |
2,680.00 |
Lumax Tech |
10 |
388.10 |
M&M |
5 |
1,565.50 |
Maruti Suzuki |
5 |
10,535.00 |
Motherson SS |
1 |
90.10 |
Minda Inds |
2 |
679.95 |
MRF |
10 |
1,11,501.05 |
Omax Auto |
10 |
63.50 |
Rico Auto |
1 |
94.50 |
JTEKT India |
1 |
137.85 |
SRF Ltd |
10 |
2,353.25 |
|
Tata Motors |
2 |
698.00 |
TVS Motors |
1 |
1,822.00 |
Rupee falls 7 paise to settle at 83.39 against U.S. dollar
Mission1 Investments completes 23% stake acquisition in Shriram AMC
Mission1 Investments LLC has completed the acquisition of a 23 per cent stake in Shriram Asset Management Company Limited by converting its securities into equity shares, now holding 29,94,349 equity shares in Shriram AMC. The Securities Issue Committee of Shriram AMC’s Board of Directors allotted 49,11,021 equity shares in exchange for the conversion of Mission1 Investments LLC and Shriram Credit Company Limited securities.
Economy grows 7.6% in Q2 on strong show by manufacturing sector
New Delhi: India consolidated its position as the fastest-growing major economy globally as the Government’s Statistics office on Thursday released the Gross Domestic Product (GDP) data for second quarter spanning July to September months of the financial year 2023-24. The data showed that Indian economy has grown by 7.6 per cent during Q2 FY24 mainly on account of strong performance by industries. It is much higher than the projection of the Reserve Bank of India’s Monetary Policy Committee (MPC) last month. Economic growth rate based on changes in GDP was 7.8 per cent in April-June quarter (Q1 of FY24) and 6.3 per cent of July period of FY23.