Jefferies’ coverage universe pre-ex earnings growth of 25% was boosted by financials & global commods; ex of which, growth would have been half. Margins declined at a reduced pace; though…
Sensex tanks 1% one day ahead of RBI MPC outcome, Nifty may fall to 16115 below 16400; what’s dragging D-St?
BSE Sensex and Nifty 50 tanked 1.4 per cent each on Tuesday, one day ahead of Reserve Bank of India’s (RBI) Monetary Policy Committee decision on June 8. So far…
PB Fintech slumps 11.5% as CEO offloads stake
Shares of PB Fintech, the operator of online insurance aggregator Policybazaar and credit comparison portal Paisabazaar, slumped 11.5% on Tuesday, after the company notified that chairman and CEO Yashish Dahiya…
SBI, HDFC Bank, DLF, Hero Moto, other bank, realty, auto stocks up on RBI’s repo rate hike; buy, sell, hold?
Rate sensitive stocks such as banks, realty and autos gained on Wednesday, after the Reserve Bank of India’s (RBI) MPC hiked repo rate by 50 bps. Nifty Bank, Nifty PSU…
LIC share price at new record low, falls for 8th straight day, dives 22% from IPO price; buy, sell, hold?
LIC (Life Insurance Corporation of India) share price fell for the 8th consecutive session on Wednesday, hitting a fresh all-time low of Rs 738.10 apiece on BSE. With today’s nearly…
Higher than usual imports of Russian oil to help fuel retailers amid petrol, diesel prices freeze: Report
Higher than usual imports of Russian oil at significant discounts to market prices may limit near-term working capital needs of fuel retailers IOC, BPCL and HPCL, Fitch Ratings said on…
Power shortage to continue as economic activity increases, but SBI, ICICI Bank, NTPC, other stocks may benefit
With rising economic activity the demand for power has been robust while supply has been lagging. Analysts at Bank of America Securities (BofA) believe power shortage in the peak season…
SBI Card, TCS, Adani Enterprises, Reliance Industries, Tata Motors, NMDC stocks in focus on 7 June 2022
Indian equity markets are likely to open gap down on Tuesday as SGX Nifty hinted at a negative start for benchmark indices BSE Sensex, NSE Nifty 50. Nifty futures traded…
Wall Street ends higher led by Apple, other tech shares; energy stocks climb with higher oil prices
US stocks ended higher on Tuesday along with Apple and other technology shares, while Target Corp’s disappointing margin forecast weighed on retail stocks for much of the day. Energy shares…
Loan portfolio protection: How First Loss Default Guarantee (FLDG) helps financial institutions
In the dynamic landscape of the financial industry, the role of First Loss Default Guarantee (FLDG) has emerged as a critical tool for lenders and regulated entities (REs) in securing…