Company: PNB Housing Finance Ltd (the “Company”) Exchange Identifiers: NSE: PNBHOUSING / BSE: 540173 Bloomberg Ticker: PNBHOUSI IN Equity Sole Bookrunner / Sole Broker: IIFL Securities Limited Type of Transaction: Vendor sale – By way of one or more share sales on the screen-based trading platform of Indian Stock Exchanges (“Sale”) Vendors / Sellers: General …
InCred Equities Nifty 50 Overview: •u0009Resistance Levels: 24,622, 24,650, 24,694 (based on pivot points) •u0009Support Levels: 24,534, 24,507, 24,462 (based on pivot points) •u0009Market Sentiment: As long as Nifty 50 sustains above 24,500-24,550, it is likely to move towards 24,700-24,800. A fall below the 24,400-24,300 range could trigger further downside. •u0009Candlestick Pattern: Despite forming a …
INDIA 1)India’s retail inflation in July dropped to 3.54%, marking a near five-year low as food prices eased, government data showed. The actual figure fell below the Reserve Bank of India’s 4% target, primarily due to a high-base effect from last year. 2)Food prices, which constitute nearly half of the retail inflation basket, saw a …
Ward wizard: Company gets order worth $1.29 billion from Beulah International Development Corporation to revolutionize Philippines public transport with electric vehicles KEC Int: Company gets new orders worth Rs 1,061 crore across business verticals. Artson Engineering: Company gets Rs 126 crore order for engineering and construction at Guwahati International Airport Vakrangee: Company Partners with Tax2Win …
SML Isuzu: Net profit at Rs 52 cr vs Rs 27 cr, Revenue at Rs 680 cr vs Rs 583 cr. (YoY) JK Lakshmi Cement: Net profit at Rs 162.1 cr vs Rs 114.8 cr, Revenue at Rs 1780 cr vs Rs 1862 cr. (YoY) Honasa Consumer: Net profit at Rs 30 cr vs loss …
The FOMC’s decision to hold interest rates steady at 5.25-5.5% reflects confidence in the US market’s upward economic trajectory. Despite maintaining a forecast of lowering rates to 4.6% by 2024, the latest “dot plot” indicates a shift in expectations, with fewer members anticipating multiple rate cuts this year. With signs of economic resilience and a …
IRCTC Q3 FY24 (Consolidated, YoY) Revenue up 21.81% at Rs 1,118.3 crore vs Rs 918.06 crore (Bloomberg estimate: Rs 1,069.78 crore). Ebitda up 20.92% at Rs 393.97 crore vs Rs 325.8 crore (Bloomberg estimate: Rs 377.03 crore). Margin narrows 25 bps to 35.22% vs 35.48% (Bloomberg estimate: 35.20%). Net profit up 17.4% at Rs 299.99 …
Most Indices in Asia opened higher tracking gains in Wall Street. Investors in Japan await the outcome of Japan central bank’s two-day meeting. Amid speculations that the Bank of Japan will soon end the world’s last negative-rate regime, economists see April as the most likely timing for a change, according to a Bloomberg survey. Australia’s …
The December futures contract of the GIFT Nifty index opened higher and traded below the 21,500 level. Most markets in Asia declined on Monday ahead of the caution about the Bank of Japan’s policy meeting outcome, and economic data from China. Brent crude was trading 0.43% higher at $76.8 a barrel. Gold was up 0.14% …
Asian markets were trading on a mixed note Wednesday as traders assessed latest jobs data from the U.S. and treasury yields declined. The U.S. Jobs and Labor Turnover Survey data showed jobs in the world’s largest economy declined by 6,17,000 to 8.73 million in October. The fall in jobs fueled investors’ expectation that the Federal …