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EUR/USD seen well supported above $1.16
Euro jumped on Friday against the dollar as recent Eurozone data signals towards an ECB rate hike in the near term. Euro-area inflation hit 3.2% in May, its highest in over two and a half years amid rising inflationary pressures due to elevated oil prices. However, Eurozone retail sales data for April declined at a faster pace of 0.4% in April, compared to the 0.3% contraction expected. Meanwhile, dollar index is trading slightly lower on Friday, favoring gains in Euro. The US Dollar Index (DXY), which tracks the Greenbacks value against six major currencies, trades 0.19% lower to near 99.19 ahead of the United States (US) Nonfarm Payrolls (NFP) data for May. EUR/USD pair is extending gains above $1.16 at $1.1643, up 0.20% on the day although caution will be exercised amid developments surrounding a potential US-Iran peace agreement to end recent hostilities. Tensions remain highly elevated following warnings from Iranian Foreign Minister Abbas Araghchi, who declared that the ...
Euro Pratik promoters raise stake to 71.75% via open market - scanx.trade
Euro Pratik promoters raise stake to 71.75% via open marketscanx.trade
Euro Pratik Sales consolidated net profit rises 45.91% in the March 2026 quarter
Sales rise 28.14% to Rs 93.49 crore
India's forex kitty drops by $7.79 billion to $690.693 billion: RBI
India's forex reserves dropped by USD 7.794 billion to USD 690.693 billion during the week ended May 1, the RBI said on Friday. In the previous reporting week ended April 24, the overall reserves had declined by USD 4.82 billion to USD 698.487 billion. The kitty had expanded to an all-time high of USD 728.494 billion during the week ended February 27 this year before the beginning of the Middle East conflict, which led to several weeks of a drop as the rupee came under pressure and the RBI had to intervene in the forex market through dollar sales. For the week ended May 1, foreign currency assets, a major component of the reserves, decreased by USD 2.797 billion to USD 551.825 billion, the central bank's data showed. Expressed in dollar terms, the foreign currency assets include effects of appreciation or depreciation of non-US units, such as the euro, pound, and yen, held in the foreign exchange reserves. Value of gold reserves decreased by USD 5.021 billion to USD 115.216 billio
Euro Pratik Sales Limited Submits SEBI Compliance Certificate for Q4FY26 - scanx.trade
Euro Pratik Sales Limited Submits SEBI Compliance Certificate for Q4FY26scanx.trade
Promoter buys half a percent stake in Euro Pratik Sales, Authum Investment picks up 1.3% Prataap Snacks shares
Perhaps, Euro Pratik Sales shares may have reacted to the deal, rising up to 7.3 percent intraday before closing off day's high with 1.26 percent gains at Rs 250.05 on the National Stock Exchange.