News Overview

Because this metal is a proven inflation hedge, it is an appealing investment option during times of economic uncertainty.

Recommendation: Buy; Target Price: Rs 505

The announcement follows the recent awarding of 5G equipment contracts to Nokia by Reliance Jio and Bharti Airtel.

Telangana government will assist the company in obtaining the necessary approvals for the expansion.

For the month of January 2023, based on the monthly business data published by the IRDAI, the market of share of LIC has come down MOM to 64.71% on cumulative basis while the share of private insurance companies has improved over the previous month of December 2022.

Despite a drop in US sales, consolidated revenue increased by 3.9% y-o-y to Rs 4,322 crore in Q3FY23.

For January 2023, inflows into active equity funds remained positive and surprisingly robust.

The SIP flow data for January 2023 released by AMFI was the 6th consecutive month of consistently higher SIP flows.

Brent crude futures decreased by 28 cents, or 0.3%, to $84.22 per barrel, while U.S. West Texas Intermediate (WTI) crude futures decreased by 35 cents, or 0.5%, to $77.71.

India's final steel output climbed by 5.2% to 98.3 million tonnes between April and January.