Here are some stocks that are in the news today:Yes Bank: Moody's downgraded bank's ratings and assigned negative outlook.Allcargo Logistics: The company will buy 1.04 crore shares of Gati at Rs 75 per share and to make an open offer for 26 percent Gati stake at Rs 75 per share.Close VST Tillers: November tractor sales down 10 percent at 568 units against 628 units and power tillers sells down 70 percent 1238 units against 2108 units, YoY related news Weekly Tactical Pick: M&M risk-reward enters favourable terrain Why RBI's status quo was in the offing Bank of Baroda: Board approved raising up to Rs 1,850 crore in Tier-I bonds.Tata Motors: JLR November UK sales fell to 8,199 units against 9,055 units YoY.RBL Bank: QIP closes, raises Rs 2,025 crore at Rs 351 per shareMahindra & Mahindra: The company acquired 36.63 percent of the equity share capital of Meru in the first tranche of investment.Majesco - Aite Group named comapny the top “Best-in-Class” Vendor … [Read more...] about Stocks in the news: Yes Bank, Tata Motors, M&M, Bank of Baroda, Narayana Hrudayalaya
Ebonyi news today what happen in igbeagu
Rupee at day’s high at 71.40 per dollar
The Indian rupee is trading at day's high level at 71.40 per dollar after Reserve Bank of India (RBI) kept the repo rate unchanged at 5.15 percent and continue with its accommodative stance.It opened marginally higher at 71.48 per dollar versus previous close 71.53.On December 4, the rupee ended 13 paise higher at 71.53 against US dollar on renewed hopes about US-China trade deal.Close "Unexpectedly RBI held interest rates unchanged at 5.15 percent and maintained the policy stance to accommodative. This means we cannot completely rule out rate cut expectations going ahead," said Rahul Gupta, Head of Research-Currency Emkay Global Financial Services. related news Rupee rebounds 24 paise as RBI maintains accommodative stance Indian rupee on slippery slope for a year at least: Poll "It has downgraded the FY20 growth targets. Market was expecting a cut of 25bps. This had a negative impact on rupee, and USD/INR rallied after the policy … [Read more...] about Rupee at day’s high at 71.40 per dollar
Rupee trades flat at 71.31 per dollar
The Indian rupee is trading flat at 71.31 per dollar, with domestic equity market trading lower.It opened at 71.26 per dollar versus previous close 71.29.On December 5, the rupee ended 24 paise higher at 71.29 to the US dollar after maintained repo rate with accommodative stance in its monetary policy.Close The Sensex was down 124.95 points or 0.31% at 40654.64, and the Nifty was down 38.40 points or 0.32% at 11980. related news Rupee rebounds 24 paise as RBI maintains accommodative stance Rupee at day's high at 71.40 per dollar Indian rupee on slippery slope for a year at least: Poll "RBI has downgraded the FY20 growth targets. Market was expecting a cut of 25bps. This had a negative impact on rupee, and USD/INR rallied after the policy decision. We expect prices to rally towards 71.85 and then 72 amid global trade unrest," said Rahul Gupta, Head of Research-Currency Emkay Global Financial Services.The dollar nursed a week of losses on Friday, hit by nervousness on … [Read more...] about Rupee trades flat at 71.31 per dollar
Rupee near day’s low, trades at 71.40 per dollar
The Indian rupee is trading near day's low level at 71.40 per dollar, with selling seen in the domestic equity market.It opened at 71.26 per dollar versus previous close 71.29.On December 5, the rupee ended 24 paise higher at 71.29 to the US dollar after maintained repo rate with accommodative stance in its monetary policy.Close The Sensex was down 351.11 points or 0.86% at 40,428.48, and the was Nifty down 102.40 points or 0.85% at 11,916. related news Rupee rebounds 24 paise as RBI maintains accommodative stance Rupee at day's high at 71.40 per dollar Indian rupee on slippery slope for a year at least: Poll "RBI has downgraded the FY20 growth targets. Market was expecting a cut of 25bps. This had a negative impact on rupee, and USD/INR rallied after the policy decision. We expect prices to rally towards 71.85 and then 72 amid global trade unrest," said Rahul Gupta, Head of Research-Currency Emkay Global Financial Services.The dollar nursed a week of losses on Friday, … [Read more...] about Rupee near day’s low, trades at 71.40 per dollar
WTO provisionally approves 2020 budget, likely averting shutdown
World Trade Organisation members provisionally agreed Thursday on a 2020 budget, likely averting a shutdown risk triggered by US threats to block funding over frustration with the body's dispute settlement court."I can confirm that the budget committee today provisionally approved the WTO budget for 2020," WTO spokesman Keith Rockwell told AFP.He added that the figure of a USD 197 million Swiss francs (USD 199.5 million, 179.6 million euros) required formal approval at a meeting next week of the General Council, the WTO's highest decision making body.Close The General Council has typically approved budgets that have been provisionally agreed by members. related news Oil drops as market awaits ratification of OPEC+ supply cut No apology to Elon Musk from British diver at 'pedo guy' defamation trial US likely to hit China over human rights despite trade talks The United States has historically been the WTO's largest financial contributor, accounting for nearly 12 percent of … [Read more...] about WTO provisionally approves 2020 budget, likely averting shutdown