Auto Sector

On the last day of fiscal year FY23, the Office of the Economic Advisor announced core sector growth for February 2023.

It would be a cliché to say that the IPO action in FY23 was nowhere close to the impressive IPO action in FY22. That would have obvious even to any intuitive observer.

The company sold 89,351 units in March.

Here is a quick look at the returns on key indices for the month of March 2023 and for FY23 overall.

The month of March 2023 may have been tepid for markets, but FPI selling persisted.

In a sense, the Q3FY23 CAD restores the sanity of June quarter after current account deficit had almost doubled in the September 2022 quarter.

After a rather encouraging second half of year 2022, the year 2023 had begun on a sour note for FPI flows.

It may be recollected that in Union Budget 2022-23, announced in February 2022, the government had announced a rather conservative fiscal deficit of 6.4% of GDP.

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

The scheme is a target maturity fund and will be managed passively by tracking the performance of CRISIL IBX SDL Index - September 2028 in line with the norms prescribed by SEBI.