Latest news from Indian Stock markets and Global Markets. Real-time information and updates.
In a report on Monday, SBI Research headed by Soumya Kanti Ghosh said corporate results, operating profit of companies, excluding banking and financial sector, degree by 14 percent in Q2FY23 as against 35 per cent growth in Q2FY22,
#GDP may print at 5.8% in Q2: SBI Research Citing a weak manufacturing sector coupled with the steep margin compression, SBI Research has pencilled in the country's GDP growth for the second quarter at 5.8 percent, down 30 basis points from average estimates.
#Fed's Barkin: Our Foot Is Off The Gas - BBG TV - I'm Supportive Of A Path That Is Slower, Longer And Potentially Higher For Rates - Inflation Has Been Stubborner Than Would Like - If Inflation Stays Elevated, Fed Needs To Do More
#Stocks under F&O #ban on NSE The National Stock Exchange has added three stocks - BHEL, Delta Corp, and Indiabulls Housing Finance - under its F&O ban list for November 29.
#Lupin: Lupin's Brazilian subsidiary, MedQuimica has signed a definitive agreement to acquire all rights to nine medicines from BL Indústria Ótica Ltda., a subsidiary of Bausch Health Companies Inc. MedQuímica will acquire rights to nine products including Limbitrol,
Arvind Smartspaces: Arvind SmartSpaces launched Arvind Greatlands, a plotted development, located at Devenahalli, Bangalore - sold an area of more than 0.57 msf amounting to a booking value of over Rs. 200 Crore.
#Filatex Fashions: The Hyderabad based manufacturer is planning a capex of Rs 300 crore over the next 18 months towards installation of another 500 machines to meet the growing demand for its products. It is in the process of acquiring 100 units of Cut and Sew machines for
Ajanta Pharma: Officials of the company will interact with Nomura Asset Management, Kotak Mahindra Offshore, White Oak Capital Partners, and Templeton Investment Management.
JK Cement: Officials of the company will interact with investors. Syngene International: Officials of the company will interact with Franklin Templeton AM.
#Investors Meetings on November 29 Aegis Logistics, Havells India, ITC, Navin Fluorine International: Officials of the company will attend IIFL's Invest India conference. MCX India: Officials of the company will interact with Nordea Asset Management.
#Bulk Deals Ami Organics: Norges Bank on account of The Government Pension Fund Global bought 10.92 lakh equity shares in Ami Organics at an average price of Rs 920 per share. Small Cap World Fund Inc sold 12.72 lakh shares at same price.
These seven countries all began forceful rate hikes in 2021, and the interest rates in some of them rose above 10%, according to a footnote in Fed Vice Chair Lael Brainard’s remarks.
S&P sees the chance that the U.S. avoids a recession as “dimming,” as the Federal Reserve continues to try to squelch rising inflationary pressures by raising interest rates.
Fed’s Brainard: Even countries that hiked interest rates ahead of U.S. didn’t avoid high inflation
NY Fed President Williams Says Inflation Is Expected To Fall To 5%-5.5% By The End Of 2022 And 3%-3.5% By Late 2023 $SPY
Inflation in the euro zone has not yet peaked, says #ECB's Christine Lagarde
Dhanlaxmi Bank to consider raising funds up to Rs 200 cr via #NCDs on December 5
#ECB's Christine Lagarde: The ECB is committed to taming inflation and to ensuring price stability. Interest rates are, and will remain, the main tool for fighting inflation.
#ECB's Christine Lagarde: Euro area GDP growth slowed to 0.2% in third quarter of 2022
#ECB's Christine Lagarde: Some are feeling the rise in inflation more than others