Analysts of IIFL Capital Services prefer Private over PSU banks, as the latter’s earnings momentum is slowing and valuations are no longer cheap.
The management has laid out an ambitious target of Rs.100bn in third year of full scale operations
With a 6.4% decline against the dollar, the yen is the least performing G10 currency this year.
According to the statement, the firm has launched a thorough network expansion to strengthen its national presence.
U.S. West Texas Intermediate crude futures were down 25 cents, or 0.3%, at $78.36
Trent continues to be an outlier, driven by aggressive store additions in Zudio as well as healthy SSS growth in its fashion concepts (Westside + Zudio).
Spot gold was up 0.1% at $2,026.5 an ounce, and it had gained 0.7% this week.
The remarks coincide with industry participants placing large bets on the ornamental cement market
The decision to raise funds through multiple channels was ratified during a board meeting held earlier in the day
Yulu has raised $104 million from investors, excluding this current round.

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IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132 (Member ID - NSE: 10975 BSE: 179 MCX: 55995 NCDEX: 01249), DP SEBI Reg. No. IN-DP-185-2016, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, Merchant Banker SEBI Regn. No. INM000010940, RA SEBI Regn. No: INH000000248, BSE Enlistment Number (RA): 5016, AMFI-Registered Mutual Fund Distributor & SIF Distributor
ARN NO : 47791 (Date of initial registration – 17/02/2007; Current validity of ARN – 08/02/2027), PFRDA Reg. No. PoP 20092018, IRDAI Corporate Agent (Composite) : CA1099

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