Market Live Updates Today: Trends on SGX Nifty indicate a cautious opening for the index in India with a 7 points loss.

Dollar falls as U.S. weekly jobless claims rise unexpectedly

The U.S. dollar dipped to a two-week low against a basket of currencies on Thursday, tracking Treasury yields lower, after data showed a surprise rise in U.S. weekly jobless claims. The dollar index measuring the greenback against a basket of six currencies was 0.35% lower at 92.091, its lowest since March 23.

Srei Equipment Finance receives expression of interest for up to $250 mn capital infusion

Srei Equipment Finance Limited (SEFL) announced on April 8 that it has received expression of interest for up to $250 million capital infusion in the company from international private equity funds -- United States-based Arena Investors LP and Singapore’s Makara Capital Partners.

The company’s Strategic Coordination Committee (SCC), chaired by Independent Director Malay Mukherjee, will be coordinating, negotiating, and concluding discussions with the PE investors to bring capital into the business and advise the management. Ernst & Young will be advising the committee on the proposed fundraising exercise.

RBI announces Rs 25,000 crore open market purchase on April 15 under G-sec Acquisition Programme

The Reserve Bank of India (RBI) on April 8 announced the purchase of Government securities worth Rs 25,000 crore under the Government securities purchase programme announced by governor Shaktikanta Das on April 7.

Announcing the monetary policy, the RBI governor, Shaktikanta Das, announced that the Reserve Bank will conduct open market purchase of government securities of Rs one lakh crore under the G-sec Acquisition Programme (G-SAP 1.0) in Q1 2021-22 with a view to enabling a stable and orderly evolution of the yield curve.