News Overview

Fed macro projections in June are mixed, although the longer run rates will be higher for longer at 2.8%

The Red Sea crisis appears to be taking its toll on the goods exports as it sees a sharp fall

Market breadth was positive as 2,177 shares advanced, 1,598 shares declined, and 106 shares remained unchanged.

The company's net profit grew by 20% to ₹7,190 crore in FY24. Shriram Finance is among 96 companies in India with a market capitalisation over ₹1 lakh crore.

Market breadth was positive with 2269 shares advancing, 1491 declining, and 108 remaining unchanged.

A composite license would allow insurers to provide comprehensive insurance alternatives by merging life, health, and savings into a single policy.

Provident Housing will use this loan to finance the acquisition of about 31.8 acres of land in Dabolim, Goa.

Growth projects in progress include increasing the capacity of the BALCO smelter from 0.6 to 1 MTPA, the Lanjigarh alumina refinery from 3.5 to 5 MTPA

According to NSE bulk trade data, Anahera sold 20.42 Crore shares of IRB Infrastructure Trust, while Dagenham offloaded 4.90 Crore shares.

The transaction occurred at an average price of ₹4,300 per share, totaling ₹224 Crore in value.