The key pivot for Kotak Mahindra Bank’s MSME lending business has come through holistic banking relationships and out-of-the-box solutions, says Manish Kothari, Head, Commercial Banking, Kotak Mahindra Bank.
The Nifty Pharma index was trading 0.66 per cent up at 20325.3.
In the Nifty200 pack, we've compiled a list of seven stocks that reached a five-year high closing on July 4, indicating bullish momentum in these counters.
Effwa Infra and Research IPO is now open for subscription, aiming to raise Rs 51.27 crore. The company offers engineering and project management services in water pollution control. Investors can bid for shares at Rs 78-82 apiece.
In the context of Britain's political landscape and its climate ambitions, Keir Starmer, poised to become the next prime minister, has positioned the Labour Party as advocates for transforming the nation into a "clean energy superpower." This aspiration marks a significant departure from Britain's historical role as a major contributor to climate pollution, stemming from its origins in the Industrial Revolution fueled by coal.
India Cements Ltd., incorporated in the year 1946, is a Small Cap company (having a market cap of Rs 8810.38 Crore) operating in Cement sector.
Ganesh Green Bharat IPO will open for subscription, aiming to raise Rs 125 crore for solar and electrical projects. The company's diversified business model and strong financial performance make it a potential investment opportunity.
South African citrus farms face export issues due to Transnet SOC Ltd's inefficiencies, causing reliance on trucking to Durban.
Modi said that India has contributed significantly to enhancing the economic agenda of the SCO grouping with institutionalised mechanisms such as the SCO Startup Forum and Special Working Group on Startup and Innovation.
Star Cement Ltd., incorporated in the year 2001, is a Mid Cap company (having a market cap of Rs 8480.11 Crore) operating in Cement sector.
BUDGET EXPECTATIONS: Industry experts anticipate the Union Budget 2024 will maintain the Modi government’s focus on renewable energy, emphasizing policy stability and increased investment. Sharad Mahendra of JSW Energy underscores the need for consistent policies to support long-term projects and a significant boost in annual renewable capacity to meet India’s 2030 target of 500 GW.
As per the Sebi mandate, large & mid cap schemes are open-ended equity schemes that invest a minimum of 35% of total assets in large cap companies, and a minimum of 35% of total assets in mid cap stocks.
HDFC Bank shares, previously rising due to potential MSCI weightage increase, fell over 3% on Friday to Rs 1,665.55 on BSE. This decline followed a sharp drop in CASA ratio in its June quarter update. Deposit growth was soft at 15.3% YoY (pro-forma), flat sequentially, with CASA declining 5% QoQ, lowering CASA ratio by 190 bps to 36%
The government in Punjab, Pakistan, plans to ban all social media platforms, including YouTube and WhatsApp, for six days to prevent the spread of hate material during Muharram. This decision follows previous bans and crackdowns on social media activists.
Nazara Technologies Ltd., incorporated in the year 1999, is a Small Cap company (having a market cap of Rs 7061.35 Crore) operating in Services sector.
Indian IT firms like TCS and HCL are set to report on their earnings, showing signs of recovery amidst cautious spending by US and European companies. Retail giants Fast Retailing and Ryohin Keikaku are expected to see growth in operating profits. Keep an eye on LG Energy Solution's earnings amid lower demand for electric vehicles.
Starmer will face a jaded electorate impatient for change against a gloomy backdrop of economic malaise, mounting distrust in institutions and a fraying social fabric. "Tonight people here and around the country have spoken, and they're ready for change," Starmer told supporters in his constituency in north London, as the official count showed he'd won his seat. "You have voted. It is now time for us to deliver."
Indian market likely to witness consolidation on Friday following subdued global cues. Nifty future shows slight gains, with key levels and options data suggesting a narrow trading range.
Indus Towers Ltd. key Products/Revenue Segments include Income from Infrastructure Activity for the year ending 31-Mar-2023.
Indian equity indices decline due to HDFC Bank's disappointing Q1 update, with Sensex dropping over 500 points. Experts anticipate potential Fed rate cuts based on US jobs data. Global markets remain positive on U.S. rate cut expectations. Oil prices hold near recent highs. Rupee strengthens against the dollar.
Solar Industries India Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 110128.66 Crore) operating in Chemicals sector.
As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.
India's auto retail sales saw a 0.73 per cent annual growth in June, largely due to delayed monsoons in certain regions. The two-wheeler and three-wheeler segments saw positive YoY growth of 4.66 per cent and 5.1%, respectively. However, passenger vehicles, tractors, and commercial vehicles sales declined 6.7%, 28.3%, and 4.7%, respectively.
RateGain Travel Technologies Ltd., incorporated in the year 2012, is a Large Cap company (having a market cap of Rs 9477.98 Crore) operating in General sector.
