Reseñas

Sectorally, buying was seen in power, utilities, banks, and the public sector while selling was seen in telecom, consumer durables, FMCG, and metals.

“There is a case to make pension plans from insurance companies on a par with NPS which has a separate limit. Globally, we have seen that separate tax saving limits for insurance goes a long way in increasing penetration and India is no exception,” said Tarun Chugh, CEO Bajaj Allianz Continue Reading

From a data perspective, during the recent recovery, the Nifty saw closure among short positions as FIIs closed their shorts last week. Moreover, the prevailing high Nifty premium has declined considerably in the last few sessions and is just close to 20 points ahead of the monthly settlement. However, aggressive Continue Reading

From food to fashion, travel to theme parks, cinemas to concerts, the Experience Economy is underpinned by the idea that consumers are increasingly preferring immersive experiences to objects, thereby creating economic value for the provider of those experiences.

​​For the nine month period, the company has recorded a profit growth of 13% growth to 940 crore. The company said it has a strong distribution network of 255,848 trained insurance professionals consisting of agents, CIFs and SPs along with widespread operations with 990 offices across country.

The index has created a very well-defined trading range for itself at the moment and continues to stay within the defined boundaries. Markets witnessed mixed trends throughout the previous week. It stayed quite ranged and the trading range too remained narrow as the Nifty oscillated in a 330-point range in Continue Reading

Adani Group has consistently aligned itself to support Prime Minister Narendra Modi’s agenda. It has pledged more than $70 billion to help India pivot from being a fossil fuel importer to a generator of renewable energy.

​​The bank’s net interest income (NII) increased by 34.6% YoY to Rs 16,465 crore in Q3. ICICI Bank’s net interest margin increased to 4.65% in Q3 compared to 3.96% in the year-ago period and 4.31% in Q2 of the current financial year.

The government’s focus to build infra, support real estate demand and ambitious plans under the national infrastructure pipeline (NIP) will increase the demand for cement companies as well.

Its net interest margin (NIM) in Q3 stood at 2.5% up nearly 10 bps YoY and down 10 bps QoQ. Provisions rose 45% QoQ to Rs 845 crore. While net advances rose 10.4% YoY to Rs 194,573 crore, total deposits increased 15.9% YoY to Rs 213,608 crore.