LICNETFN50 News Today

Markets trade flat amidst volatility; Nifty slips below 18,650

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IndusInd Bank (+2.09%) led the gainers on the nifty index today.

• 09 June, 2023
• 1:03 PM
• less than a minute

Weak start to the year but optimism prevails for H2 in Indian IT sector: IIFL Sector

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Analysts of IIFL Securities believe sector valuations have little room for upside as despite a deteriorated growth outlook, Nifty IT Index has performed in line with broader markets YTD.

• 09 June, 2023
• 11:49 AM
• less than a minute

RBI MPC: Status quo policy in Indian Economy: IIFL Securities

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RBI cut its FY24 inflation forecast for the second time in two MPC meetings, and marginally front ended GDP growth during FY24 while maintaining full yr. number.

• 09 June, 2023
• 11:25 AM
• less than a minute

Markets Primed for a green day

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Asian peers edge up over Fed rate pause bets.

• 09 June, 2023
• 9:08 AM
• less than a minute

Reuters Report: After the merger, HDFC Bank will continue to prioritise home loans in its growt...

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According to its investor presentation, individual house loans have increased over the past five years at a compound annual rate of 16%.

• 09 June, 2023
• 1:11 AM
• less than a minute

Markets end on a sluggish note

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The markets touched their day’s low in the intraday trading session.

• 08 June, 2023
• 3:55 PM
• less than a minute

RBI monetary policy reaction: Ms. Achala Jethmalani, Economist, RBL Bank

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The window for policy pivot to rate cuts could open-up in 1H CY2024, if inflation trajectory warrants given that growth remains robust.

• 08 June, 2023
• 3:19 PM
• less than a minute

Punjab and Sind Bank's Stock Surges on Capital Fundraising Plan

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The bank aims to raise up to Rs.750 crore through the issuance of these bonds in one or multiple tranches

• 08 June, 2023
• 2:37 PM
• less than a minute

RBI monetary policy reaction: Mr. Suresh Khatanhar, Deputy Managing Director, IDBI Bank

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The lowering of the inflation projection for FY24 to 5.1% signals towards a higher GDP growth and credit offtake can be expected to be higher.

• 08 June, 2023
• 1:33 PM
• less than a minute

Markets fall as RBI keeps key policy rates unchanged

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On the sectoral front, Nifty Media, IT, Auto, and FMCG stocks are weighing down the charts.

• 08 June, 2023
• 1:14 PM
• less than a minute