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MPC Cuts Repo Rate to 5.25% as Record-Low Inflation and Strong Growth Create Policy Room

Mumbai, Dec. 5 -- The Reserve Bank's Monetary Policy Committee cut the policy repo rate by 25 bps to 5.25% while maintaining a neutral stance, with SDF and MSF adjusted to 5% and 5.50% respectively. T... Read More


BSE SME Purple Wave Infocom transmits modest listing gains

Mumbai, Dec. 5 -- The scrip was listed at Rs 132, a premium of 4.76% over the initial public offer (IPO) price. The stock is currently down 0.68% over its listing price. The counter hit a high of Rs ... Read More


Nifty above 26,150; IT shares advance

Mumbai, Dec. 5 -- The key equity benchmarks traded with modest gains in the early afternoon trade, after the RBI trimmed the repo rate by 25 basis points to 5.25%. Traders are tracking ongoing IPO act... Read More


BSE SME Logiciel Solutions meets a poor reception on debut

Mumbai, Dec. 5 -- The scrip was listed at Rs 154.40, a discount of 20% over the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price. The co... Read More


Kolte Patil Developers allots NCDs aggregating Rs 109.94 cr

Mumbai, Dec. 5 -- Kolte Patil Developers has allotted 10,994 Series 4 fully, secured, listed, rated, redeemable, non-convertible debentures of par value Rs. 1,00,000 each aggregating to Rs. 109.94 cr... Read More


PNB Housing Finance allots NCDs aggregating Rs 245 cr

Mumbai, Dec. 5 -- PNB Housing Finance has allotted 24,500 Listed, Secured, Rated, Taxable, Redeemable Non-Convertible Debentures of the face value of Rs. 1,00,000 each, aggregating to Rs. 245 crore, ... Read More


Economic Buzz: Japan leading index improves to one and half year high in October

Mumbai, Dec. 5 -- Japan's leading index improved further in October to the highest level in nearly one-and-a-half years, preliminary data from the Cabinet Office showed Friday. The leading index, whic... Read More


Cyient Semiconductors qualifies for Rs 4,500-cr modernization initiative of Semi-Conductor Laboratory (SCL), Mohali

Mumbai, Dec. 5 -- Cyient Semiconductors announced that it has been qualified for a pivotal contract for the supply and qualification of technology IPs, including design enablement, for the Rs 4,500-cr... Read More


DXY set for second weekly decline; US PCE data in focus

Mumbai, Dec. 5 -- The dollar index continues to lose ground around a six week low on Friday amid high anticipation of a December Federal rate cut. Data released by the US Department of Labour (DOL) sh... Read More


BSE SME Exato Technologies sprints ahead with a scorching first-day run

Mumbai, Dec. 5 -- The scrip was listed at Rs 266, a premium of 90% over the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price. The counte... Read More