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Analysts of IIFL Capital Services expect HDFC Bank to ace the ‘Race for Deposits’, followed by SBI, ICICI and Axis.

The net premium income for the second quarter of the year was Rs 20,050 crore, a 22% YoY increase. In the same quarter of the prior year, it was Rs 16,477 crore.

Its sales are above the market expectation of Rs 6,523 crore by 14.57% YoY to Rs 6,678.15 crore, marking the company's greatest quarterly topline ever.

Lower oil prices caused revenue to fall to Rs 1.16 lakh crore in July-September.

The IPO was priced in the range of Rs 329-346 per share, with a lot size of 43 shares. The allotment is scheduled for November 1.

According to the corporation, in keeping with its goal of lowering carbon emissions, there would be no investment in thermal generating capacity.

Spot gold had dropped 0.1% to $2,003.18, an ounce. Futures for US gold increased by 0.8% to $2,013.40.

Disbursements during Q2 grew by a substantial 13 % year-on-year, reaching Rs 13,315 crore

Petrol and Diesel prices in cities across India on 30-10-2023

After hitting a one-year low of 150.78 per dollar last week, the yen saw a small respite, closing 0.1% lower at 149.75 per dollar.