Auto Sector

Analysts at IIFL Capital Services have analyzed import pricing for 16 key APIs/KSMs imported into India. This study shows that API import costs (weighted average) have declined marginally by 2% QoQ in Q1CY23, after having corrected 8% QoQ and 6% QoQ in Q4CY22 and Q3CY22 respectively from the peaks seen in Q2CY22.

Policy push + inexpensive valuations place NTPC favorably.

One can look at new fund offerings (NFOs) of mutual funds as the equivalent of IPOs in the equity markets.

Brent crude futures increased 7 cents to $84.84 a barrel. To reach $80.89 per barrel, West Texas Intermediate U.S. crude gained 3 cents.

Australian dollar & New Zealand dollar appreciate.

The company will be opening for subscription on April 25 and will conclude on April 27. The anchor book will open on April 24.

Spot gold was up 0.1% at $2,006.09 per ounce.

In a stock exchange filing, the State Bank of India said the fund-raising would be done in single or multiple tranches

Asks customers to only get repairs at company authorized repair centers.

Here are some stocks that may show significant price movement today.