Informist, Tuesday, Jun 6, 2023 --Sources: National infra financing bk plans up to 100-bln-rupee bonds--National infra financing bk may seek bids for bonds this mo By Subhana Shaikh MUMBAI - National Bank for Financing Infrastructure and Development, also known as NaBFID, plans to tap the debt market with its maiden bond issue, worth up to 100 bln rupees, this...
Informist, Tuesday, Jun 6, 2023 By Vishal Sangani and Asmita Patil MUMBAI – Export-Import Bank of India was the sole issuer of commercial papers today, raising 17.75 bln rupees through papers maturing in three months at 6.86%. On Monday, companies had raised 23.00 bln rupees through CPs. Today, most companies remained on the sidelines due to...
Informist, Tuesday, Jun 6, 2023 By Ananya Chaudhuri NEW DELHI – The rupee ended higher against the dollar today as state-owned banks persistently sold the greenback for exporters and foreign fund inflows, dealers said. After moving in a narrow range of 9 paise throughout the day, the Indian unit settled at 82.6000 against the US...
Informist, Tuesday, Jun 6, 2023 By Anjali NEW DELHI – Overnight indexed swap rates ended lower today, tracking a fall in US Treasury yields, dealers said. The swap rates moved in a narrow range after falling initially. The one-year swap rate ended at 6.58%, against 6.59% on Monday, while the five-year swap rate ended at 6.04% against the previous...
Informist, Tuesday, Jun 6, 2023 By Arunima Bharadwaj NEW DELHI - Prices of soybean fell today in Indore, Madhya Pradesh, after arrivals of the oilseed increased. Prices of mustard were down in Jaipur, Rajasthan, due to sluggish demand, traders said. SOYBEAN was quoted at 4,950-5,125 rupees per 100 kg, down 50 rupees from Monday, in Indore as arrivals...
Informist, Tuesday, Jun 6, 2023 By Neeshita Beura MUMBAI – Nifty 50 recovered from the day's losses in the final half an hour of the trading session, which prompted traders to sell put options at 18500 strike price and book profits in those contracts. Nifty 50 has to go above 18600 points and then...
Informist, Tuesday, Jun 6, 2023 By Pradeep Suresh V MUMBAI – Benchmark indices ended today’s session flat following a late surge in banking and financial services stocks. The surge came on a day when information technology stocks fell the most. The Nifty 50 and Sensex, which were down for most of today's session, closed flat at 18599 and 62792.88 points, respectively. Among...
Informist, Tuesday, Jun 6, 2023 By Arunima Bharadwaj NEW DELHI - Prices of mill-quality wheat rose today in Indore and Kota as demand for the staple grain increased. On the other hand, maize prices were down in key wholesale markets across the country, traders said. In Indore, Madhya Pradesh, prices of mill-quality WHEAT were up and...
Informist, Tuesday, Jun 6, 2023 By Kasthuri Akhil MUMBAI – Prices of government bonds ended higher today tracking a fall in US Treasury yields. Trade volume remained low as traders refrained from placing large bets ahead of the Reserve Bank of India's monetary policy decision on Thursday, dealers said. The 10-year benchmark 7.26%, 2033 bond...
Informist, Tuesday, Jun 6, 2023 By Afra Abubacker MUMBAI – Futures contracts of coriander and turmeric declined on the National Commodity and Derivatives Exchange due to increasing supplies and subdued demand, while jeera futures gained on low supplies in major markets. The most-active July contract of JEERA was at 46,755 rupees per 100 kg, up 2.2% from the previous close....
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