The week to June 23, 2023 saw a rather timid performance by the Nifty after a very strong show in the previous week.
Dr Reddy's entry into the trade generics market signifies its strategic efforts to diversify its product offerings and capture a larger market share.
In addition, ICRA has assigned a long-term rating of AA+ to NCDs.
Our weekly macro quartet focuses on the 4 critical macro points for markets, outside of equity triggers.
Let us look at the big news flows in the previous week which triggered the market move.
The bank’s board will consider fund raise by issuing equity shares via private placement.
There were two factors that reinforced the hawkishness still implicit in the markets.
The fund will invest across large caps, mid-caps, and small caps; but its underlying theme will be to invest in non-cyclical consumer stocks in the Indian equity market.
On Monday, Asian peers slightly declined, while oil prices increased in early trading.
The dollar index remained stable at 102.70.
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