Bajaj Finance fell as much as 5.2%, the most intraday since April 19, after the company said B2B and auto finance businesses were the worst hit by lockdowns in different states.
Stocks For Today: Bajaj Finance, NHPC, PNB, REC, Welspun Corp
tocks For Today: Bajaj Finance, NHPC, PNB, REC, Welspun Corp — Indian equity benchmarks go into the new week after a decline on Friday as the central bank kept borrowing costs at a record low level and lowered its economic growth projection. The S&P BSE Sensex slid 0.2% to 52,100.05, paring gains of as much as 0.3%, but closed the week 1.3% higher. The NSE Nifty 50 fell 0.13% at 15,670.25, capping its weekly advance to 1.5%.
APL Apollo Tubes Q4 Review – Profitability Intact: Centrum Broking
APL Apollo Tubes Ltd. recorded better than expected Q4 FY21 Ebitda of Rs 2.07 billion (our estimate: Rs 1.8 billion) on account of higher premium/lower discounts.
WTI Oil Hits $70 for First Time Since 2018 as Market Tightens
WTI Oil in New York hit $70 a barrel for the first time since October 2018 as upbeat comments on the market from major trader Vitol Group added to optimism over the global demand recovery.
Techno Funda Picks – Auto Ancillary – Changing Gears To Structural Recovery: ICICI Direct
ICICI Direct Report: In this report, we have focused on the auto ancillary pack, where most quality stocks have undergone significant price/time correction and yet many of them are available at favourable risk-reward profile.
RBI Announces Rs 1.2 Lakh Crore G-SAP 2.0 Plan To Buy Government Bonds
India’s central bank will buy Rs 1.2 lakh core ($16.4 billion) of bonds under its government-securities-acquisition programme in the July-September quarter, Governor Shaktikanta Das said.
Gold Silver Positional Call: Enjoy Bloodbath, Silver 2500 Point Down, Gold 1100 Point Down (Premium member Mint Money)
Gold Silver Positional Call: Enjoy Bloodbath, Silver 2500 Point Down, Gold 1100 Point Down (Premium member Mint Money)