News Overview

The ban was enforced due to these securities surpassing 95 % of the market-wide position limit (MWPL) set by the NSE

On November 16, JSW Infrastructure announced that it has been awarded a Rs 4,119 crore public-private partnership to create a deepwater, all-weather port at Keni Port in Karnataka.

73% of analysts of IIFL Capital Services coverage reported beat in earnings led by ABB/KKC/TMX, with mix and operating leverage spinning the earnings upgrade.

Mgmt remained committed on multi-year capex of Rs120bn for the next four years (unveiled last year) and does not foresee much delay on execution.

Employee cost and other expenses as a % of sales fell by 1.8%/4.4% in FY23. Capex per store of Rs.2.6bn was in line with QSR space, adjusted for store size.

The $3.6 billion will be spent in two parts.

After reaching its highest level since May 5 on Wednesday, spot gold was steady at $2,043.69 per ounce and was expected to rise for a second straight month.

Petrol and Diesel prices in cities across India on 30-11-2023

U.S. West Texas Intermediate (WTI) crude futures dropped 24 cents, or 0.3%, to $77.68 a barrel, while Brent crude futures declined 28 cents, or 0.3%, to $82.90 a barrel.

UltraTech Cement stated in a regulatory filing that it has bought the 0.54 MTPA cement grinding assets.