Reseñas

India’s annual retail inflation rate eased to 5.72% in December from 5.88% in the previous month, falling below the RBI’s upper tolerance band of 2%-6% for a second straight month, though core inflation, which excludes more volatile food and fuel prices, was still running at 6.1%.

RBI said 50,000 users and 5,000 merchants are transacting through eight banks at present, and another five lenders are set to join soon. The pilot project started on December 1 has witnessed 7.70 lakh transactions, and is now being carried out in five cities, RBI said.

If we have to surpass the sturdy wall of 17900–18000, banking heavyweights should contribute convincingly. Above this, the market will come out of the recent congestion zone, and we may see good broad-based participation thereafter

However, its revenue from operation grew 15% YoY at Rs 4,069 crore during the October-December 2022 period compared to Rs 3,552 crore in the year-ago period.

With an effective provision of capital outlay of Rs 13.7 lakh crore, various brokerages believe that Budget 2023 will make a positive impact on the domestic automobile industry. Also in the Budget, customs duty exemption has been extended on the import of capital goods and machinery required for manufacturing lithium-ion Continue Reading

The total expenses in the third quarter rose to Rs 17,351 crore from Rs 15,164 crore a year ago, and Rs 16,933 crore a quarter ago. Spectrum usage charges in the quarter increased 4% YoY to Rs 2,842 crore but were down 4% sequentially.

In the NSE list of stocks with a market cap of over Rs 250 crore, five stocks crossed their previous five-year high value at the close on February 07. >> For more such web stories click on the ET icon below

Morgan Stanley said that the Q3 results were in-line but capex was higher than expectations. “There is visible strength in 4G subscriber growth in India mobile business. ARPUs are trending higher, and in line with expectations.

​See you had the largest industrial group’s stocks falling 50%-70%, however, the damage on the market was just 5%. It would have been a lot more damage and lot more collateral damage that could have happened and markets have recovered.

Options data suggests a broader trading range in between 18400 to 19200 zones while an immediate trading range in between 18400 to 18800 zones,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said.