The pound dropped at its sharpest pace against the dollar in nearly two years and stocks have jumped after Donald Trump said he had won a “magnificent victory for the American people” in the US presidential election. Sterling slumped as much as 1.4pc against the dollar to $1.285, its lowest level in two months, as traders scrambled to take advantage …
Sugar stocks experienced a notable surge, with gains of up to 7.7% in today's trading session, following a new order from the food ministry. The order reversed the earlier ban on using sugarcane juice for ethanol production, allowing both sugarcane juice and B-heavy molasses for green fuel production in the 2023–24 supply year. This reversal followed the government's December 07 …
Foreign portfolio investors bought Indian stocks worth 362.38 billion rupees in November, marking the second best month of overseas inflows into equities this year, data from the National Securities Depository Ltd showed. Last month's foreign inflows into stocks trailed only those in August, when FPIs purchased 512.05 billion rupees. Analysts said that foreign interest in domestic equities would continue due …
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