Gold Silver Reports (GSR) – India’s ‘Macro Concerns’ Will Hold Nifty Below 11,000, CLSA Says – NSE Nifty 50 Index won’t cross the 11,000 level in 2018 as concerns about the revenue and fiscal deficits, higher oil price and inflation, new taxes on equity gains and political uncertainties will continue to linger on and impact returns, CLSA India Pvt. said in an investor note Monday.
Neal Bhai
NBCC Gains After Cabinet Panel Extends Chairman’s Tenure
Gold Silver Reports (GSR) – NBCC Gains After Cabinet Panel Extends Chairman’s Tenure — Shares of the state-run construction firm rose as much as 7.6 percent, the …
Binani Industries Offers Full Debt Repayment To Binani Cements Lenders
Gold Silver Reports (GSR Team) – Binani Industries Offers Full Debt Repayment To Binani Cements Lenders — Shares of Binani Industries rose as much as 5.7 percent to Rs 92.25 after the National Companies Law Appellate Tribunal has granted liberty to Binani Cement wherein lenders can settle insolvency proceedings out of court.
India Manufacturing Growth Slows Again In March
Gold Silver Reports (GSR Team) – India Manufacturing Growth Slows Again In March — Growth in India manufacturing sector slowed again in March as both output and new orders fell to its lowest pace since October, according to an industry benchmark.
Infibeam Surges Most in Three Months After Smaller Cap World Fund Buys Stake
Infibeam Surges Most in Three Months After Smaller Cap World Fund Buys Stake — Shares of the Ahmedabad-based online shopping website operator rose as much as 6.5 percent, the most in three months, to Rs 162 after Smaller Cap World Fund Inc. bought 1.89 crore shares or 3.5 percent equity at Rs 152 each.
Rupee Opens Higher Against U.S. Dollar
Gold Silver Reports (GSR Team) — Rupee Opens Higher Against U.S. Dollar — Rupee opened higher at 65.08 versus U.S. dollar against its previous close of 65.18. …