News Overview

Recommendation: Add; Target Price: Rs3,570

The Fed's target rate is currently anticipated by interest rate futures markets to surge over 5.2% in July, up from its current range of 4.50% to 4.75%.

Merchandise trade deficit for January 2023 touched the lowest level in 12 months at $17.75 billion.

One factor that truly captures the retail spread and is also not vulnerable to index movements is the growth in folios.

Sterling lost 0.19% to $1.2015 after losing more than 1% the day before.

IEA has increased 2023 demand forecast by 2 million barrels per day.

S&P Global ratings last week said that Vedanta's credit rating may come under pressure if it does not raise $ 2 billion or sell its zinc assets.

Estimated bauxite deposits of the block is 311 million tonnes.

1.56 crore shares may be placed on the market by the promoters, with a floor price of Rs 1,875 per share.

According to the SBI website, the bank raised its overnight lending rate, which is based on the marginal cost of funds, by 10 basis points to 7.95%.