Nifty metal index was down by 1.86% by 3 p.m.
Recommendation: BUY; Target Price: Rs 210
Recommendation: BUY; Target Price: Rs 700
Hinduja Group will increase its stake to 26%.
Company records highest ever quarterly profit of Rs 3,853 crore.
This is the 8th consecutive interest rate hike by the US Central Bank since the beginning of 2022.
The proposed policy reforms and increased capital infusion will provide an impetus to MSMEs and the start-up ecosystem.
The budget pays heed to the need for fiscal consolidation reducing its fiscal deficit target to 5.9% of GDP in 2023-24 from 6.4% in 2022-23.