Indias Kalyan Jewellers IPO Loses Shine, Sees Tepid Demand

BENGALURU Reuters Kalyan Jewellers India Ltds initial public offering was oversubscribed by just 1.28 times on Thursday, a sign of tepid interest among investors unimpressed by the jewellers recent financial results and spooked by a drop in gold demand. The numbers compare unfavourably to other listings this year, including for paint maker Indigo Paints Ltd, […]
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Euro Zone govt Bond Yields Track U.S. Treasuries Higher

Euro zone government bond yields rose on Thursday, with Germanys 30year yield rising to its highest in more than a year, tracking U.S. Treasuries as markets focused on uncertainty about the outlook for inflation. The Federal Reserve said it expected higher economic growth and inflation in the U.S. this year and repeated its pledge to […]
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Russian Rouble Steadies after Biden Comments Cause Selloff

MOSCOW, March 18 Reuters The rouble was flat against the dollar on Thursday, steadying after a selloff in Russian assets triggered by U.S. President Joe Biden saying his Russian counterpart Vladimir Putin would pay for attempted election interference. At 0748 GMT, the rouble was 0.1 weaker against the dollar at 73.74, after losing more than […]
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Indian Shares Rise after Fed Holds Rates; Banks Gain

BENGALURU, March 18 Reuters Indian shares clocked broadbased gains on Thursday, as global sentiment improved after the U.S. Federal Reserve pledged to keep its benchmark overnight interest rate near zero. The NSE Nifty 50 index rose 0.66 to 14,818.10 by 0440 GMT, while the SP BSE Sensex gained 0.62 to 50,113.67, ahead of the weekly […]
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JGB Pprices Fall after Report BOJ may Widen Rate Target

TOKYO, March 18 Reuters Japanese government bond prices fell on Thursday as investors became cautious about rising rates after a report that the Bank of Japan may allow 10year bond yields to move slightly wider. The move will be among steps the BOJ will unveil on Friday to make its massive stimulus programme sustainable, the […]
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Gold Heads Lower as Market Awaits Fed Policy Decision

Gold futures edged lower Wednesday as investors await the outcome of a Federal Reserve meeting that isnt expected to result in policy changes, but will be combed for clues to the path of interest rates and asset purchases. Gold remains contained inside a large bearish channel after it found some muchneeded support around the 1,700 area, […]
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Providence EquityBacked DoubleVerify Files for U.S. IPO

Reuters DoubleVerify Holdings Inc, a provider of software to track digital media engagement, on Wednesday filed with U.S. regulators to go public, hoping to cash in on investor optimism towards tech stocks. The company, backed by investment firms Providence Equity Partners and Tiger Global Management, revealed a 33 surge in revenue for 2020. However, net […]
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