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UK pound has been sliding through the week and lingering at its lowest level in a week against the dollar on Friday. GBPUSD is trading at $1.2749, down marginally on the day as dollar gained momentum following hotter than expected US data that reinforces firmer inflation level, adding to uncertainty over timing of Federal rate cut this year. The dollar index that measures the greenback against a basket of currencies ascended well above 103 mark. Going forward, the Pound awaits UKs inflation data for February that will be published next week. This is a day before the Bank of England interest-rate decision. On the NSE, GBPINR futures are lingering in negative terrain at 105.60, down around half a percent on the day.
Hindustan Petroleum Corporation Ltd, ITI Ltd, Apollo Tyres Ltd and Biocon Ltd are among the other losers in the BSE's 'A' group today, 15 March 2024.
Spandana Sphoorty Financial informed that the management committee of its board has approved the issuance of non-convertible debentures (NCDs) aggregating upto Rs 100 crore on private placement basis.
KSB advanced 1.57% to Rs 3,529.30 after the company has received an order of Rs 267 crore for supply of pumps for Kudankulam site, Tamil Nadu.
Davangere Sugar Company Ltd, Sanghi Industries Ltd, Indo National Ltd and Skipper Ltd Partly Paidup are among the other losers in the BSE's 'B' group today, 15 March 2024.
Campus Activewear Ltd saw volume of 112.41 lakh shares by 14:14 IST on NSE, a 10.33 fold spurt over two-week average daily volume of 10.88 lakh shares