View: RBI’s action may not be a panacea, but a painkiller at best
RBI’s loan appears to be based on asset size of the credit funds which is at Rs. 55,000 crore. – Stocks-Markets-Economic Times
Month: April 2020
Share market update: Metal shares shine; Hindalco climbs 5%
The Nifty Metal index was trading 1.54 per cent up at 1670.5 . – Stocks-Markets-Economic Times
Oil & gas Q4 earnings preview: OMCs set to log losses on inventory hit; RIL may take 10% knock
Refiners Reliance Industries and ONGC may log 8-10 per cent fall in profit for the quarter. – Stocks-Markets-Economic Times
Share market update: IT shares in the green; Mindtree surges 11%
The Nifty IT index was trading 2.74 per cent up at 13166.8 . – Stocks-Markets-Economic Times
Share market update: Bank shares up; RBL Bank climbs 8%
The Nifty Bank index was trading 2.27 per cent up at 20031.7 . – Stocks-Markets-Economic Times
Axis Bank Q4 results preview: Slippages to rise; higher provisions to hit profit
Most brokerages see loan growth of around 15 per cent YoY while margins may remain steady. – Stocks-Markets-Economic Times
Share market update: Auto shares gain; Motherson Sumi jumps 7%
The Nifty Auto index was trading 1.41 per cent up at 5453.2 . – Stocks-Markets-Economic Times
“Very Challenging” To Meet 2020-21 Fiscal Deficit Target: Shaktikanta Das
Shaktikanta Das said he expected the government to take a judicious and balanced call on the question of the fiscal deficit. – NDTV Profit – Latest
India Ratings Cuts 2020-21 Growth Forecast To 1.9%, Lowest In 29 Years
India Ratings said its growth projection is based on the assumption that the partial lockdown will continue till mid-May 2020. – NDTV Profit – Latest
Buy Infosys, target price Rs 758: Angel Broking
The brokerage expects Infosys to report above industry average growth rates on the back of strong deal wins which will drive top line growth. – Stocks-Markets-Economic Times