Wed, Apr 24, 2024 6:39 PM
US judge approves $418 million antitrust settlement against National Asset
A Flip by Avya Verma
Indonesian bond yields slid the most since November to outperform Asian peers, as a revival of US interest-rate cut bets spurred demand for the notes after they got heavily sold off last month. The yield on 10-year rupiah bonds fell as much as 26 basis points to 6.91% on Monday, helping to pare the 55-basis-point jump recorded in April. The move followed a rally in Treasuries on Friday.
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Stock Market Today: Blue Dart Express share price gained more than 6% to scale 52-week highs during the morning trades on Monday post Q4 results. Blue Dart Express had reported its earnings performance on Friday post market hours. The net profit (adjusted for one-offs )of the company at ₹76 crore grew 8% over ₹70 crore reported by the company in the year ago quarter.
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Britannia Industries shares rose on Monday following the company’s announcement of its fourth-quarter results after market hours on Friday. Britannia Q4 Earnings Scorecard: Britannia reported a 3.76% decline in consolidated net profit for the quarter ending March 2024, totalling ₹536.61 crore compared to ₹557.60 crore in the same quarter the previous year, according to a regulatory filing.
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