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Markets ended the day in green today. Nifty 50 ended, up by 386.95 points. Sensex ended, up by 1276.66 points. Top Gainers today were IndusInd Bank, Adani Ports, Bajaj Finance. Top Losers today...
Global pharma major Lupin Limited (Lupin) on Tuesday announced that it has received approval from the United States Food and Drug Administration (U.S. FDA) for its Abbreviated New Dru...
India's imports of palm oil surged in September to their highest level in a year, according to Reuters report on Tuesday. More purchasing may enable top producer Indonesia to reduce...
Quess Corp Limited informed that its Nomination and Remuneration Committee has considered and approved the appointment of Kamal Pal Hoda as Group CFO (Designate) with immediate effect. ...
Tata Steel Long Products (TSLP) marked a significant milestone by restarting the Blast Furnace at its subsidiary, Neelachal Ispat Nigam Ltd (NINL), barely 90 days after the purchase was co...
Hindustan Zinc Limited announced its production figures for the second quarter and half-year ending September 30, 2022, on Monday. The company has reported the highest-ever second-qu...
Adani Ports and Special Economic Zone Limited is an India-based integrated ports and logistics company. The Company is primarily engaged in developing, operating and maintaining the ports services, ports-related infrastructure development activities and development...
September 2022 saw continued strength in passenger vehicles (PV) and commercial vehicles (CV) volumes. These segments are on track to meet or beat IIFL Securities FY23 growth estimate.
On the back of APM gas price hike by 40% for H2FY23, analysts at IIFL Securities have upgraded ONGC and OILs FY23-24 estimated PAT by 5-13%. RIL is set to realize ~26% higher price for deepwater gas; will also see 2.5-5% EPS upgrade for FY23-24. The gas-based IPPs will see ~35% increase in variable costs, thus turning more unviable.
The RBI MPC raised policy rate as expected, commented on domestic inflation risks, noted worsening international growth outlook, but upped quarterly GDP growth estimates.
For the October series, analysts at IIFL Securities will be cautious on Nifty and believe this round of correction has potential to take the index back to 16350 levels.
IIFL is one of the leading player in the broking industry with more than a million accounts being opened since inception. The company provides execution, advisory, and research service across products like equity, F&O, Commodity & Currency, Mutual Funds. IIFL is also one of the top distributors of AIF, PMS and Mutual Funds.
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