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Market Today: Hyundai India IPO listing; RBI says festive demand intact

Business Standard LogoBusiness Standard1w ago

Market Today: Hyundai India IPO listing; RBI says festive demand intact - Business Standard

Quick Summary:

On Wall Street, both the Dow Jones Industrial Average and S&P 500 closed lower, retreating from record highs as Treasury yields increased.

Waaree Energies Limited IPO (Mainline), Deepak Builders & Engineers India Limited IPO (Mainline), and Premium Plast Limited IPO (SME) will enter day 2 of subscription today.

That apart, Federal Reserve officials commented on interest rate trajectories, with Minneapolis Fed President Neel Kashkari suggesting rates could be higher in the long term due to a resilient economy, while Dallas Fed President Lorie Logan advocated for a cautious approach to rate reductions.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-22 @ 07:08:37 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 803 words

Reading Time: 5 minutes read

Sentences: 40 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23186033

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 291 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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