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Thursday 31 Oct, 2024 12:03 PM

DCM Shriram rises after PAT soars 95% YoY in Q2 FY25 Protean eGov drops after Q2 PAT slumps 14% YoY to Rs 28 cr IRB Infra Q2 PAT rises 4% YoY to Rs 100 cr RattanIndia Enterprises Ltd leads gainers in 'A' group Elpro Intl soars after acquiring equity stake in healthcare focused solutions provider Sagility Cipla spurts after USFDA classifies Goa unit as VAI Volumes soar at Grindwell Norton Ltd counter Tata Power Company gains after Q2 PAT rises 7% YoY to Rs 1,093 cr NSE SME Usha Financial Services drops on debut Jupiter Wagons spurts after acquisition Healthcare stocks edge higher Industrials stocks rise Capital Goods stocks edge higher L&T rallies after Q2 PAT jumps 5% YoY to Rs 3,395 cr Biocon slips after recording loss of Rs 16 crore in Q2

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Dollar Index steadies around 3-month high; US data awaited

29-Oct-24 11:09 Hrs IST

The dollar index is steadying around three month high although the momentum in the recent rally has paused slightly. Investors turned cautious ahead of job opening and labor turnover data, advance estimate for GDP growth, PCE inflation and nonfarm payrolls that could shed light on the path for Federal Reserve policy. The recent rally in the dollar index was on account of easing expectations of a Federal rate cut as aggressive as earlier expected. Besides, results of US Presidential elections are also keenly awaited. The dollar index that measures the greenback against a basket of currencies is quoting at 104.17, marginally down on the day. Among basket currencies, EURUSD and GBPUSD are quoting at $1.08 and $1.29 respectively.

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