The top performers in Nifty include Bajaj Finance, LTI Mindtree, HCL Tech, Bharti Airtel, SBI Life Insurance, IndusInd Bank, Infosys, Hero MotoCorp, Cipla, and ICICI Bank.
The Q1FY25 GDP was lower along expected lines and full year GDP may trend closer to 7%
Earlier this month, the company raised ₹37 Crore from Volrado Ventures Partners Fund II in a pre-IPO placement, reducing the fresh issue size.
After modest infusion by FPIs last week into equities, this week saw FPIs turn decisive net buyers of $2.82 Billion
The government is going slow on fiscal deficit this year and looks keen to defend the 4.9% target
The company's total exports increased by 26% to 3,060 units last month, up from 2,423 units the previous year.
The retail and non-institutional investor (NII) categories had high demand, with subscriptions at 8.49 and 10.57 times, respectively.
A 20 bps upgrade in US Q2 GDP and flat PCE inflation at 2.5% make a strong case for aggressive rate cuts by the Fed
The quota set out for retail individual investors (RIIs) was used 3.03 times. The issue received 8.08 subscriptions in the NII category.
Coal consumption in August fell to 52.1 MT, down from 59.1 MT in the same month the previous fiscal year.
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