Auto Sector

While the central bank opted not to make changes to its policy rates, Governor Shaktikanta Das did highlight the global headwinds that pose risks to the overall macroeconomic outlook.

The central bank also kept its growth and inflation forecast unchanged for FY24 continuing to sound cautious on inflationary risks.

Policy unchanged, guidance hawkish.

According to an exchange filing, the company has stopped work on another ongoing project.

Improved supply, which resulted in a sequential rise in retail and wholesale volumes, was credited by the corporation with this growth.

Home care experienced volume growth in the mid-single digits in particular product categories, while personal care saw growth in the low-single digits.

Lupin will produce the product at its Nagpur facility.

Over Rs 139 crore in dividends were given to shareholders of the company in total for the fiscal year 2022–2023.

The dollar index, which earlier in the week reached a high of about 11 months at 107.34, last traded at 106.37, but it has continued to rise for 12 weeks in a row.

Last week, both benchmarks climbed to 2023 highs, but this week, Brent has fallen 11.8% and WTI by around 8.8%.