Auto Sector

AMC stocks have seen sharp correction in the last three to six months, owing to possible risk to the AMC yield with likely TER changes and slowing AUM growth (FY23 YTD growth is 7% YoY - lowest in last 10 years).

DRHP to be filed in the next 12-18 months.

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

Market focus is centred on whether the Fed would maintain its hawkish course to combat sticky inflation or stop interest rate hikes in light of recent bank problems.

Rise in US markets indicate that Federal Reserve may go for a 25-basis point hike today.

Spot gold was up 0.2% at $1,942.96 per ounce. At $1,946.20, U.S. gold futures increased 0.3%.

Brent futures were down 48 cents, or 0.6%, at $74.84 per barrel. The price of West Texas Intermediate (WTI) oil futures in the United States fell by 47 cents, or 0.7%, to $69.20.

The rating agency noted that the financial institutions it rates have "strong funding characteristics, a high savings rate, and government assistance," among other things.

The corporation announced that starting on April 1, 2023, commercial vehicle costs will increase by up to 5%.

Several notable clients, including the West Central Railway (Kota Division), Central Organization for Railway Electrification (CORE), and Metro Railway, Kolkata, have awarded the company four orders for the electrification of railways, according to a statement published with stock exchanges.