RBI outlines conditions for govt’s special liquidity schemes for NBFCs, HFCs
These companies should have made net profit in at least one of the last two preceding financial years – 2017-18 and 2018-19. – Stocks-Markets-Economic Times
Month: July 2020
RBI buys so many US dollars that it ends up supporting debt market
Data from the RBI suggest that local banks are recycling the liquidity into government bonds. – Stocks-Markets-Economic Times
ETMarkets Survey: Chemicals, pharma, telecom, agri-inputs now top sectoral bets on D-Street
BSE Healthcare and BSE Telecom indices have been the best performers so far this year. – Stocks-Markets-Economic Times
Data | Surge in MGNREGS work demand, sowing of kharif crops lead to pre-COVID rural employment levels
However, rise in sowing must be met with equal government procurement – The Hindu – Economy
Sensex, Nifty Close Over 1% Higher
The stock market has recovered sharply from multi-year lows hit in mid-March on virus fears. – NDTV Profit – Latest
Bank holidays list for July 2020
Here is the list of bank holidays in July. – Stocks-Markets-Economic Times
Aarti Industries, HDFC AMC among 11 stocks that could be a part of F&O segment soon
In the last F&O inclusion in April, NSE had announced the introduction of SBI Life Insurance. – Stocks-Markets-Economic Times
Buy Tata Consumer Products target price Rs 444: Motilal Oswal
The brokerage maintains its estimates for FY21/FY22E as demand for salt/tea/coffee is not materially impacted due to the Covid-19 crisis. – Stocks-Markets-Economic Times
Neutral on Tata Steel, target price Rs 328: Motilal Oawal
Near term earnings outlook is weak due to lower domestic demand necessitating higher exports which adversely impacts EBITDA. – Stocks-Markets-Economic Times
India’s Fuel Demand Continues To Recover In June: Report
Petrol and diesel sales in June are still down by about 15 per cent and 17.1 per cent respectively from a year earlier. – NDTV Profit – Latest