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More than 150 stocks, including SRF, ITC, Shree Renuka Sugars and Adani Green Energy, touched their 52-week high on the BSE
In Honduras, the Central Bank has said it cannot vouch for cryptocurrency transactions.
Asian shares opened on the back foot Friday morning, extending a selling-off this week fuelled by concerns about the Federal Reserve’s plans to aggressively tighten monetary policy to fight inflation. MSCI’s index of Asia-Pacific shares outside Japan was down by 0.13 per cent.
IT major Infosys and industrial technology firm Rolls-Royce on Thursday launched a joint aerospace engineering research centre in Bengaluru.
Adani Ports, Titan Company, HDFC, Power Grid Corp and ONGC were among the top Nifty losers. Axis Bank, Divi’s Labs, HUL, Dr Reddy#39;s Laboratories and ICICI Bank gained the most
A 13D filing on Tuesday showed that Musk had bought a 9.1 per cent stake in Twitter but a disclosure to the US Securities and Exchange Commission a day earlier had Musk owning 9.2 per cent. This lead to speculation that the Tesla CEO had reduced his stake.
GLOBAL-PRECIOUS/PRECIOUS-Gold edges lower as dollar gains on hawkish Fed minutes
The U.S. dollar index, which measures the greenback against six majors, touched its highest since May 2020 overnight at 99.778 and held nearby at 99.575 in early Asia trade. Commodity currencies retreated from recent highs as oil prices have dipped and the euro touched a one-month trough of $1.0874. It recovered to $1.0911 in morning trade.
On the BSE, over 150 stocks touched their 52-week high, including Tata Power, Welspun Corp, IDFC, Dwarikesh Sugar Industries and Bank of Baroda.
Asian shares opened lower on Wednesday, extending US falls as investors awaited minutes from a US Federal Reserve meeting for clues over future monetary policy. MSCI’s index of Asia-Pacific shares outside Japan was down by 1.30 per cent.