Fri, Mar 29, 2024 10:07 AM
Interview-No change in repo rate likely in April, says BoB’s Madan Sabnavis
A Flip by Avya Verma
📌The pan-European STOXX 600 index closed 1.2% higher, notching up a weekly gain of 1.8%, its biggest since late January. 📌Nifty ended 150 points lower on Friday to form a dark cloud cover candlestick on the daily chart 📌Momentum indicator MACD showed bullish trade on the counters of HUDCO, Westlife Foodworld, Tech Mahindra, DCM Shriram, Lemon Tree Hotels, and Bank of Maharashtra among others.
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Both Indian stock exchanges Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will remain closed for two days in the month of May 2024. Specifically, both exchanges will be closed on May 1 in observance of Maharashtra Day.The day, also referred to as Maharashtra Day, marks the establishment of the state of Maharashtra on May 1, 1960, following the linguistic reorganization of Indian.
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Welspun Corp Ltd has secured a binding Letter of Award (LOA) valued at approximately Rs 611 crore for the export of line pipes, including LSAW pipes, coating, and bends, to Latin America. This contract is contingent upon certain conditions being met and will be followed by a formal Notice to Proceed or Purchase Order expected by the second week of May.
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