We are closely monitoring the developments around the Omicron variant and its impact on the monetary and fiscal policies. We stand vigilant to react and change the portfolio positioning in case our view on the market changes.
Hindustan Petroleum Corporation (HPCL) dropped 4.14% to Rs 301 after the companys standalone net profit tanked 63.1% to Rs 868.86 crore on a 40.8% surge in net sales to Rs 96,260.20 crore in Q3 December 2021 over Q3 December 2020.
The company’s consolidated total income however increased to Rs1,687cr from Rs1,668cr yoy.
The highlight of the month of Jan-22, or you can call it the low-point, was the aggressive selling by the foreign portfolio investors (FPIs).
Business Wire India Lightsmith Group (“Lightsmith”), a global sustainable private equity firm, is pleased to announce the final closing of Lightsmith Climate Resilience Partners SCSp RAIF (“Lightsmith Climate Resilience” or the “Fund”) with $186 million of commitments. Lightsmith Climate Resilience is the first private equity fund to have focused on climate resilience and adaptation, investing in growth-stage technology companies that address the effects of climate […]
Banking stocks were trading in green, with the S&P BSE BANKEX index increasing 798.29 points or 1.83% at 44367.77 at 09:51 IST.
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