Low Financial News

₹4,030 against the previous close of ₹4,361.75 and plunged 14.51 per cent to the one-year low level of ₹3,729. In a BSE filing post-market hour on Thursday (September 28), the company said Radhesh R. Welling had tendered his resignation as the managing director and a director on the board of the company for personal reasons.

Asian shares eased away from their lowest levels in 10 months but were on course to clock their worst quarterly performance in a year as worries over elevated interest rates dragged on sentiment, while the dollar held strong. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.59% higher but not far off the 10-month low it touched on Thursday.

Stock market today: Delta Corp shares have been in downtrend since Government of India (GoI) raised GST on casino industry to 28 per cent. However, the comapany had to further witness rubbing of salt on its wounds when it was slapped GST notice for tax repayment to the tune of ₹1140 crore.

Stock market today: Yatra Online share price opened at a discounted price during special pre-open session on Thursday. Yatra Online shares listed on BSE at ₹130 apiece on BSE, ₹12 lower from upper price band of Yatra Online IPO.

Gold edged up on Thursday but hovered near a more than six-month low hit in the last session, as the dollar and Treasury yields held at elevated levels, with markets awaiting U.S. economic data for clues on the Federal Reserve's interest rate path. FUNDAMENTALS * Spot gold was up 0.1% to $1,876.89 per ounce by 0040 GMT, after shedding 1.4%, its biggest daily decline in two months, on Wednesday.

On Sept. 20, the Federal Reserve delivered a message that reverberated through financial markets: interest rates are expected to remain at their highest level in over two decades, and possibly for longer than most market participants’ expectations. This attitude comes against the backdrop of stubbornly high inflation, with the core inflation rate hovering at 4.2%, well above the central bank's 2% target, and unemployment at record lows. 

₹7,801 per bbl, having swung between ₹7,568 and ₹7,822 per bbl during the session so far, against a previous close of ₹7,543 per barrel. US crude stocks fell by 2.2 million barrels last week to 416.3 million barrels, according to US government data.

₹210.00 apiece on the BSE. Moody’s downgraded Vedanta Resources’ Ltd (VRL) corporate family rating (CFR) from Caa1 to Caa2 over elevated risks of debt restructuring over the next few months.

Investing.com — The S&P 500 slumped to a more than three-month low Tuesday, as weaker consumer confidence data fueled worry about the economy just as consumers face higher for longer interest rates and inflation that could rein in spending.

By Lucia Mutikani

ideaForge share: The initial public offering (IPO) of ideaForge Technologies Limited were launched in last week of June 2023. The book build issue was offered at a price band of ₹638 to ₹672 per equity share. The public issue received strong response from investors and it listed at whopping listing premium on BSE and NSE in July 2023.

Delta Corp share price dropped almost six per cent in the morning trade on BSE on Tuesday to hit its fresh 52-week low of ₹134.55. The stock opened at ₹137.50 against the previous close of ₹143 and plunged 5.90 per cent to its one-year low level. In the previous session, the stock cracked over 18 per cent after it received a government notification requiring it to pay a tax of ₹16,822 crore for the period spanning July 2017 and March 2022.

LONDON — The dollar rose against the yen to an almost 11-month high on Monday following last week's gains, keeping traders focused on Japan intervention risks. The yen fell 0.17% to 148.66 per dollar, touching its lowest since late October and adding to Friday's declines after the BOJ maintained ultra-low interest rates, while Governor Kazuo Ueda stressed the need to spend more time assessing data before raising interest rates. The Japanese currency remained within striking distance of 150, a level which some market watchers saw as a line in the sand that would spur forex intervention from Japanese authorities similar to that of last year. «According to BoJ Governor Kazuo Ueda there was no sign yet of stable inflation on a sustainable basis so that the BoJ will patiently continue with monetary easing under the current framework. That was a clear dampener for the yen,» said Esther Reichelt, FX analyst at Commerzbank. A yen overshooting would be seen by many as a catalyst for renewed interventions to strengthen the Japanese currency, similarly to last year, she added. «It is possible of course that exactly such fears of interventions might have prevented a weaker yen for now». The dollar index, which on Friday touched an over six-month high, firmed at 105.64 and was last 0.06% higher. Last week, the Federal Reserve kept rates on hold at its policy meeting, but surprised markets by signalling U.S.

By Joice Alves

The term “latency” in cryptocurrency trading refers to the delay or lag in the amount of time it takes for data to move between two points in a trading system. 

government document showed on Monday. It also lifted restrictions on the export of fuel already accepted for export by the Russian Railways and Transneft before the initial ban was announced last week. The ban on all types of gasoline and high-quality diesel remains in place. Russia announced on Thursday that it had temporarily banned exports of gasoline and diesel to all countries outside a circle of four ex-Soviet states with immediate effect in order to stabilise the domestic market. In recent months, Russia has suffered shortages of gasoline and diesel. Wholesale fuel prices have spiked, although retail prices are capped to try to curb them in line with official inflation. The crunch has been especially painful in some parts of Russia's southern breadbasket, where fuel is crucial for gathering the harvest.

Small-cap investing epitomises the essence of stock investing. While this sounds like a provocative assertion, designed more to cause a stir than to be taken literally, it’s something I believe in. I’m not dismissing picking major stocks like Infosys or Innterglobe as less than genuine equity investing.

Bitcoin (BTC) stuck to $26,500 into the Sep. 24 weekly close as exchange trader “accumulation” continued.

Stablecoin market dominance has reached its lowest point in 18 months, according to a Monday report.

Stablecoin market dominance has reached its lowest point in 18 months, according to a Monday report.

foreign exchange (forex) reserves fell for a second straight week and stood at a near four-month low of $593.037 billion as of September 15 - a decrease of $860 million from the previous week, Reserve Bank of India's (RBI) data showed on Friday, September 22. In the previous reporting week, the overall reserves dropped $4.99 billion to $593.90 billion. The reserves took a hit as the central bank deployed the kitty to defend the rupee amid pressures caused majorly by global developments since last year.