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Markets have ended the day in red. Nifty 50 ended, down by 207 points. Sensex ended, down by 638.11 points. Top Gainers today were ONGC, Dr Reddy's, Cipla. Top Losers today were Adani En...
Supriya Lifescience Ltd has announced appointment of Rajeev Kumar Jain as Chief Executive Officer (CEO) & Key Managerial Personnel (KMP) w.e.f. October 3, 2022. Rajeev Jain is a ...
Mahindra & Mahindra announced on Monday that it saw its highest ever monthly wholesales of 64,486 cars in September. It was chiefly driven by the sports utility vehicle segment. In co...
To finance the company's capacity development plans, JSW Cement said on Monday that it would raise Rs 400 crore through a sustainability-linked loan from MUFG Bank India. According to JSW...
Indian shares inched lower on Monday's trading session, dragged by metal and IT companies, as global investors remained on edge following higher-than-expected US inflation numbers, while India'...
Welspun Corp Ltd has entered into a Memorandum of Agreement on September 30, 2022 for sale of land, civil structures, excluding plant & machinery, situated at Dahej unit of the Company...
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...
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.
Net card additions in August 2022 were negative versus +1.53 million in July 2022; this was driven by a 1.52/1.05 million (8/11% MoM) decline for HDFC Bank/Axis Bank, respectively, due to closure of cards inactive for >1 year. IndusInd Bank/State Bank of India (SBI) added 2.6/2.0% of their opening cards in-force, respectively, followed by ICICI Bank/Kotak Mahindra Bank/RBK at 1.5/1.4/1.0%.
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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