News Overview

Foreign institutional investors (FIIs) were net sellers of shares worth ₹1,136.47 Crore, while domestic institutional investors (DIIs) offloaded stocks worth ₹893.11 Crore on April 4, as per provisional data from the NSE.

The complaint alleged unfair trade practices by Nestle India in manufacturing and selling hazardous and defective goods, seeking compensation and punitive damages amounting to ₹284.55 Crore and ₹355.41 Crore, respectively.

This solar project marks the company's first venture in sourcing power for captive consumption from the inter-state transmission network.

The market rates were at their lowest in 2021 and 2022, around 6.5%, at a time when the repo rate was 4%, meaning there was a 2.5% gap above the repo rate.

The MPC maintained the key repo rate at 6.5% for the seventh consecutive time, aligning with market expectations, with a primary focus on curbing inflation

The asset allocation under the scheme Equity & equity related instruments of large cap, midcap and smallcap companies, Debt & Money Market Instruments and Units issued by REITs & InvITs.

The market is concerned about a potential delay in the rate cut, which could cause it to remain range-bound in the near term.

Nachiket Deshpande, COO of LTIMindtree, highlights the significance of Aforza's AI innovations and digital content execution capabilities in enhancing consultants' skills.

The IPO, ending today on April 5, comprises solely of an offer-for-sale (OFS) without any fresh equity issuance.

While ILOM witnessed minor market share loss in the Motor segment last year, it has started to recoup the same with high growth in new private car segment. Presence of a multi-channel business model helped them navigate this business cycle. ILOM believes that with the new EoM regulations, industry CoR should improve; benefitting ILOM disproportionately.