Posts in category All News
Stylam- Decent Fundamentals with Cheap Valuation (10-07-2024)
@rupaniamit since you track US real estate market closely (my assumption based on your work on Pokarna)
How do you see below product will impact Pokarna / Acrysil ?
Note : This is a slide from Equirus - Stylam latest report.
Many Thanks
Nitish Kumar asks private company official to expedite road project, offers to touch his feet (10-07-2024)
Bihar Chief Minister Nitish Kumar, at a function for the dedication of the "JP Ganga Path" expressway in Patna, expressed frustration over delays in a road project, offering to touch a private company representative's feet to hasten progress. The official, taken aback, rejected the gesture, leading to a social media buzz and criticism from the opposition, with Tejashwi Yadav calling Kumar "lachaar" (powerless) for his actions.
State Bank of India raises Rs 10,000 cr via infra bond issuance (10-07-2024)
State Bank of India (SBI) raised Rs. 10,000 crore today at a coupon rate of 7.36% through its sixth infrastructure bond issuance.
Axis Bank allots 3.77 lakh equity shares under ESOP (10-07-2024)
The paid-up share capital of the Bank has accordingly increased from Rs. 618,10,41,490 (309,05,20,745 equity shares of Rs. 2/- each) to Rs. 618,17,96,100 (309,08,98,050 equity shares of Rs. 2/- each).
INR Stays Range Bound; Key US Inflation Awaited (10-07-2024)
The Indian rupee stayed range-bound and settled 2 paise lower at 83.51 (provisional) against the US dollar on Wednesday amid rising crude oil prices overseas and selling in domestic equities. The benchmark S&P/BSE Sensex dropped 426.87 points, or 0.53 percent, to 79,924.77 while the broader NSE Nifty index closed at 24,324.45, down 108.75 points, or 0.45 percent from its previous close. A softening American currency and inflow of foreign funds capped the fall in the local unit. At the interbank foreign exchange market, the rupee opened flat at 83.49 against the dollar and moved in a close range of 83.48 to 83.53 during the session. The local unit finally settled at 83.51 (provisional) against the American currency, registering a loss of 2 paise from its previous close. The US dollar is staying cautious along the sidelines on Wednesday awaiting further clarity from US data due later this week that could throw some light on Federal course of action. US 10-year Treasury note yield ..
Stock market update: Stocks that hit 52-week highs on NSE in today’s trade (10-07-2024)
NDR Auto Components, Shoppers Stop, GE Power India, IZMO and Talbros Auto, hit their fresh 52-week highs during the day.