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Author: Legal Parivar
Ensuring Authenticity, Upholding Trust
Shares of Compuage Infocom, Future Supply Chain Solutions, Morarjee Textiles, Ambica Agarbathies & Aroma, and Secur Credentials reached their new 52-week lows today. Meanwhile, the Nifty 50 surged by 212.0 points (0.93%), and the Sensex rose by 774.32 points (1.03%) as of June 7, 2024, at 10:59:55 IST. The Bank Nifty also saw an increase of 281.35 points (0.57%) at 10:44:58 IST on the same day. On the flip side, Amara Raja Energy & Mobility, Balkrishna Industries, Aditya Birla Fashion & Retail, Coromandel International, and Uno Minda reached their fresh 52-week highs today. Among the stocks listed in the BSE…
On June 7, Reserve Bank of India (RBI) Governor Shaktikanta Das suggested streamlining the regulations concerning the import and export of goods and services under the Foreign Exchange Management Act (FEMA) 1999.
Home loan interest rates and equated monthly installments (EMIs) will remain unchanged for borrowers as the Reserve Bank of India (RBI) decided to maintain the repo rate steady at 6.5 percent for the eighth consecutive time on June 7.
IRB Infrastructure Developers witnessed a nearly 4 percent surge in its shares on June 7 following a substantial increase in toll collections in May.
PB Fintech, the parent company of Policybazaar, saw its shares decline by over 2 percent on June 7 following a show cause notice issued by market regulator Sebi to company chairperson and CEO Yashish Dahiya regarding a Dubai investment made in 2022.
In its June monetary policy, the Reserve Bank of India (RBI) increased its real GDP growth forecast for FY25 to 7.2% from the previous 7%. This adjustment follows the robust GDP expansion of 8.2% in FY24, surpassing analyst expectations.
This order involves construction and installation work for the barrage complex and part of the head race tunnel (HRT) at the Rammam Hydro Electric Project in West Bengal, to be completed in 66 months, according to a regulatory filing.
TBI Corn shares made a stellar debut on the NSE SME today, opening at ₹198, a 110.64% increase from the issue price of ₹94.
The Reserve Bank of India’s Monetary Policy Committee (MPC) has announced that the repo rate will remain unchanged at 6.5 percent, as stated by Governor Shaktikanta Das on June 7.
On Thursday, an Indian company tribunal approved the merger of full-service carriers Vistara and Air India, according to an order dated June 6. This approval brings the Tata group airlines closer to finalizing the deal.