By Tapan Patel Commodity prices traded lower with most of the commodities in the non-agro segment continuing to decline while crude oil prices remained exceptions with marginal gains. Bullion prices…
Auto sector: PV wholesales in line, MHCVs ahead
Industry wholesale volumes were largely in line with our estimates for passenger vehicles (PVs), while those for medium heavy commercial vehicles (MHCVs) were ahead. We note a strong high-base effect…
Analyst Corner: Maintain ‘Buy’ on HDFC Bank, ‘growth runway’ is huge
The FY22 annual report of HDFC Bank laid stress on reimagining the future with technology and a service-first culture. The CEO’s message is similar to what was articulated during the…
Data Drive: Rising profits, for some
The corporate profit-to-GDP for Nifty-500 companies surged to a decadal high of 4.3% in FY22 due to the expansion in the economy as the Gross Domestic Product (GDP) grew 19.5%…
Women’s Reservation Bill: Beyond Numbers That Matter
By Gifty Ann Babu The Women’s Reservation Bill was introduced in Lok Sabha on 21st September and became law on 29th September with the approval of the President of India.…
Reliance Industries, SBI, ICICI Bank, Ruchi Soya, Route Mobile, Tata Steel stocks in focus on 29 June
Bears are likely to make a comeback on Dalal Street as SGX Nifty hinted at a negative start for benchmark indices. Nifty futures traded 160.5 points, or 1.01% lower at…
US Dollar flies higher while Euro and GB Pound dive down; what’s next on the cards for major currencies?
By Amit Pabari A tranquil business of currency trading has now been jumbled to high volatility due to war, soaring inflation, central banks tightening at vastly different speeds, and recessionary…
India’s import of crude oil driven by national interests: Foreign Secretary Vinay Mohan Kwatra
With the upcoming G7 summit set to discuss cutting dependency on Russian fossil fuels, India on Friday said its sourcing of crude oil is totally driven by its national interests…
Data Drive: External commercial borrowings lose attractiveness
Rising interest rates and the weakening of the rupee against the dollar will dampen the attractiveness of external commercial borrowings (ECBs), which have become an important source of financing for…
Reliance, Infosys, LIC, Biocon, Indian Oil, GR Infraprojects stocks in focus on monthly F&O expiry
Indian equity markets are likely to extend losses on Thursday as SGX Nifty signalled at a gap-down open for benchmark indices BSE Sensex and NSE Nifty 50 on monthly and…