Jet Airways Ltd. Stock & Share Price Update With Analysis
After opening at Rs.158.30 , Jet Airways Ltd. was observed to be priced at Rs.165.3 with a change of 10.6(6.85%) points.
After opening at Rs.158.30 , Jet Airways Ltd. was observed to be priced at Rs.165.3 with a change of 10.6(6.85%) points.
The Nifty 50 traded near 10,900. Asian stocks began the week on a cautious note after soft economic data from China and Europe added to evidence of cooling global growth. US equity futures edged up with stocks in Japan and Australia, while shares slipped in Shanghai and Hong Kong. Oil prices climbed after US drilling activity fell to its lowest level in about two months.
The Indian rupee (INR) fell sharply against the US dollar (USD) today after the shock exit of RBI governor Urjit Patel, who announced his resignation on Monday. The rupee was trading at 72.46 against the US dollar, down 1.5%, as compared to yesterday’s close of 71.32. The dollar also gained other currencies, putting further pressure on the rupee. The abrupt resignation of RBI chief has raised worries about further outflows from Indian markets. The counting of votes in five states began today from 8 am. Early trends indicate a tight race between BJP and Congress in Madhya Pradesh while Congress ahead in Rajasthan.
Future Retail-Amazon deal likely in 10 days, in which Amazon will buy around 9.5 percent stake in Kishor Biyani-led company and both the parties are in advanced stage of talks for the deal.
PC Jeweller Falls Most In 4 Months On Cut In Export Sales Target – “The export business is a credit based business and the company wants to rationalize exports business as the credit availability is getting squeezed,” the company said in a statement on Thursday.
Gold Silver Reports (GSR) – Kotak Mahindra Bank is likely to see block deals as ING Group had plans to sell its remaining stake in the bank worth about $1 billion.
The bank also gave the credit cost guidance for financial year 2019 at 50-70 basis points and said that it was committed to protect shareholder’s interests.
The board meet of the company is scheduled today to decide the course of action post RBI curtailing term of Rana Kapoor.
Equity benchmarks in Japan and South Korea were little changed as trading began, while Australian stocks declined. Futures indicated Hong Kong shares would nudge higher after sliding into a bear market. The Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index’s performance in India, traded 0.3 percent higher at 11,349.50 as of 7:20 a.m.
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