Lowe's Financial News

TOKYO (Reuters) — The Bank of Japan (BOJ) will maintain accommodative monetary conditions for companies, Governor Kazuo Ueda was quoted as saying at a key government meeting on Wednesday.

ACC Ltd. traded 1.53 per cent up at Rs 1920.8 at 01:18PM (IST) on Wednesday, even as BSE benchmark Sensex gained 452.83 points to 66808.54. The stock had settled at Rs 1891.95 in the previous session.

Pakistan score's on Global Hunger Index (GHI) has dropped from 38.1 in 2006 to 26.1 in 2022, revealing the extent of the crisis that the gripped the country and its people, Dawn reported. The Pakistan chapter of the Global Hunger Index (GHI) released the data on Tuesday. The GHI ranked Pakistan at 99th position out of 121 countries surveyed.

InterGlobe Aviation Ltd. traded at Rs 2540.85 on BSE at 01:24PM (IST) on Wednesday, down 1.66 per cent. The stock quoted a 52-week low price of Rs 1676.0 and a high of Rs 2745.95.

Linde India, part of the chemical industry, has rallied by about 18% in the last 3 months to hit a fresh record high in July and the chart patterns suggest that the rally in the stock price could take the stock above Rs 5,000, a new record high. The stock rose from Rs 3,897 as on April 24 2023 to Rs 4,593 recorded on 24th July 2023 which translates into an upside of about 18% in 3 months. The stock rose more than 6% in a week.

Buying a pre-owned or used car comes with several benefits as it is more affordable. While it is not difficult to finance your pre-owned car, there are certain factors you have to keep in mind to avoid any additional financial burden. The most important point: the interest rate on the loan for a pre-owned car is higher than that on a new car loan. It is, therefore, better to make a substantial down payment and opt for a loan with a shorter tenure.

Domestic benchmark indices NSE Nifty 50 and BSE Sensex were trading in the green zone today. In the intraday trade, the NSE Nifty 50 soared 133.45 points or 0.68% to 19,814.05 and BSE Sensex surged 486.80 points or 0.73% to 66, 842.51. Among the broader market indices – Nifty Next 50 gained 0.27%, Nifty 100 rose  0.57%, the Nifty 200 gained 0.53%, Nifty Midcap 50 rose 0.42%, while Nifty Smallcap 50 gained 0.37%, Nifty Smallcap 250 rose 0.43%. The Volatility Index surged  3.24%. In sectoral indices, Nifty Bank rose 0.19%, Nifty IT gained 0.48%, Nifty FMCG surged 0.76%, Nifty Private Bank rose 0.19%, Nifty Auto gained 0.06%, Nifty Metal rose 0.12%, and Nifty Media gained 0.54%. Tata Motors, Tata Motor (DVR), Reliance Industries, Larsen & Toubro, Adani Enterprises, Adani Green Energy, and ITC were the most active stocks on NSE.

Varun Beverages Ltd. fell 0.11 per cent to Rs 803.85 at 01:03PM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap up start to the session.

Ashok Leyland Ltd. traded 0.96 per cent up at Rs 181.1 at around 01:08PM (IST) on Wednesday. The stock had closed at Rs 182.85 in the previous session.

Colgate-Palmolive (India) Ltd. slipped 0.54 per cent to Rs 1887.45 in Wednesday's trade as of 12:58PM (IST). The stock hit a high price of Rs 1906.5 and low of Rs 1880.95 during the session.

Investing.com — The U.S. dollar edged lower Tuesday, but remained near a two-week high as traders awaited a widely expected interest rate hike from the Federal Reserve later in the session.

Commonwealth Bank is following in the footsteps of its peers, setting the wheels in motion for a sizeable round of staff cuts.

Trent Ltd. traded 0.07 per cent down in Wednesday's trade at 12:22PM (IST). Around 5,557 shares changed hands on the counter.

Godrej Consumer Products Ltd. traded at Rs 1036.5 on BSE at 12:27PM (IST) on Wednesday, up 0.19 per cent from previous close. The scrip quoted a 52-week low price of Rs 793.7 and a high of Rs 1101.55.

Indian Hotels Company Ltd. rose 0.63 per cent to Rs 394.45 in Wednesday's trade as of 11:47AM (IST) even as the benchmark Nifty ruled at 19791.45, up 110.85 points. The scrip had closed at Rs 392.0 in the previous session.

BSE benchmark Sensex gained 443.27 points to 66798.98. The scrip had settled at Rs 2607.65 in the previous session.

«Our member editions were very robust at 23% growth on YOY basis and parallelly we acquired a resort in Jaipur a 72 Key Resort which will expand further,» says Kavinder Singh, Mahindra Holidays.Let us understand things for the quarter gone by. I do not want to dwell too much into your bottom line because we understand that there is always this element of you have to keep on parking money because of the accounting policy you follow so I will not spend too much time and on that but let us first understand the big picture. This is boom time for the hospitality industry, are you enjoying the joyride? I think this is something that I wanted to share that we have a strategic objective which we are pursuing now from growing our base of about 5,000 as this quarter we touch 5,000 mark we want to take it to 10,000 over the next seven years that is the big picture so the joyride is on and we will definitely move towards a strategic objective of doubling our own count in about seven years.

BSE at 11:21AM (IST) on Wednesday, up 0.54 per cent. The stock quoted a 52-week low price of Rs 557.15 and a high of Rs 775.0. Earlier in the day, the stock saw a gap down opening.

Investing.com — Most Asian currencies retreated on Wednesday, while the dollar steadied as investors hunkered down before a widely expected interest rate hike from the Federal Reserve.

Gold and silver prices were modestly up on Tuesday, as caution prevailed ahead of the US Fed's monetary policy meeting. Experts pointed out that the US consumer confidence data was better than expected, the highest levels since July 2021. Despite upbeat US consumer confidence data, gold and silver recovered from their lows amid expectations of dovish comments from the Fed Chairman in its policy meetings.

BEIJING — China is changing its tone on the struggling real estate sector, paving the way for policy support.