Shares of Shriram Finance and Power Finance Corporation (PFC) will trade ex-dividend on Friday. Wipro shares turn ex-date for share buyback on Friday
“Despite the pause in the interest rate, US Fed highlighted the likelihood of rate hikes in the next two consecutive policy meetings, thus dampening investor sentiments. Now ,all eyes will be on ECB’s policy outcome, which is due later today,” said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services
“The near-term uptrend of Nifty remains positive and present weakness is expected to find support around 18,500 levels in the next few sessions. However, a decisive move below 18,500 is expected to open sharp weakness in the near term,” said Nagaraj Shetti, Technical Research Analyst, HDFC Securities
COMEX Gold prices dropped for the fourth day in five, after the Federal Reserve paused interest-rate increases but signaled higher terminal rates if inflation fails to cool down. Kotak Securities sees MCX Gold resistance at 59,104, followed by 59,406. Meanwhile, support is placed at 58,605, followed by 58,408
The Department for Promotion of Industry and Internal Trade has called a meeting of retail traders to address concerns related to further reducing of compliance burden and promoting ease of doing business for the sector. The meeting will be chaired by the department's joint secretary Sanjiv on June 16
Officials from Finance Ministry, led by Chief Economic Advisor V Anantha Nageswaran, will meet with senior executives from the credit rating agency Moody's to push for an upgrade in its sovereign rating for India
Public sector OMCs BPCL, IOCL and HPCL revise their petrol price and diesel price daily in line with international benchmark prices and forex rates. Petrol and diesel prices today remained stable
The Nitish Kumar government is going to expand its cabinet on June 16. Ratnesh Sada, Janata Dal (United) MLA from Sonbarsa is likely to be inducted into the cabinet. The oath-taking ceremony would be held at Raj Bhavan at 10:30 am. Apart from Sada, few more leaders may take the oath as ministers
Triumph India has revealed plans to introduce the 2023 Street Triple 765 lineup in the Indian market on June 16. The company will unveil the Street Triple R and Street Triple RS models, with anticipated starting prices of approximately Rs 10 lakh and Rs 11.50 lakh respectively (ex-showroom)