Analysts at IIFL Capital Services expect further upside to OMCs earnings in FY24/25 (despite a steep 20-58% upgrade post Q2), as POL consumption is strong, marketing margins normalize and benefits of opportunistic oil sourcing plays out.
The euro and pound were also targeting weekly gains of over 1.5% each against the US dollar, while the US dollar index was expected to decline by 1.3%.
Jio's August active customer count reached 417 million, according to figures from the Telecom Regulatory Authority of India (Trai).
According to the spokesperson, the company's plant in Tapukara is fully equipped to meet both domestic and export needs.
The risk weight on consumer credit was raised by the RBI from 100% to 125%, a quarter increase.
Here are some of the stocks that may see significant price movement today.
The subscription period for the Gandhar Oil Refinery India IPO begins on November 22, 2023, and ends on November 24, 2023.
Asian markets are keeping the downward trend in today’s early morning session.
Krishnan spoke with the Monetary Authority of Singapore (MAS), the local central bank and regulator, as well as digital platform enablers based in Singapore.
It is suggested that the partially paid preference shares be distributed in accordance with the acknowledged claims that are still outstanding following the initial cash payment.

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