Auto Sector

Analysts at IIFL Capital Services analyzed Cognizant’s (CTSH’s) recently published 10-K filing and found interesting observations.

The latest IIP number for January 2023 (IIP is announced with 1-month lag) came like a whiff of fresh air.

Folios are the best barometer of genuine retail spread of fund demand.

After six consecutive months of progressively higher month-on-month SIP flows, February 2023 saw systematic investment plan (SIP) flows taper marginally by 1.23% to Rs13,686 crore.

On Friday, 10th March 2023, the regulators shut down Silicon Valley Bank (SVB Financial) leading to almost a mini crisis in banking and financial stocks. The impact was felt even in India as the Bank Nifty took a hard knock.

In conversation with Sheetal Agarwal of IIFL, management discusses the company's strengths, strategies and future fund raising plans.

Spot gold prices up by 0.5% in early trade.

NJ ELSS Tax Saver Fund seeks to provide diversification across equity and equity related instruments to generate long-term capital appreciation.

Dollar index down by 0.153%.

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