The management said it had gained market share across product segments like in vehicle finance (VF), and other business units.
Stocks to watch on May 04, 2023: Adani Enterprises, Bombay Dyeing, Dabur, HDFC, Hero MotoCorp, Tata Power and TVS Motors may see some action owing to Q4 results on Thursday.
Nifty Auto, and Nifty FMCG indices are likely to face resistance in the near-term, hence the best trading strategy to adopt is to sell-on-rise, said the technical analyst
The broader NSE Nifty fell 57.80 points or 0.32 per cent to end at 18,089.85.
CLOSING BELL: The NSE Nifty 50 settled with a loss of 58 points. IT, metal and energy stocks slipped, while FMCG shares ended on a firm note.
Both benchmarks closed at their lowest since late March in the previous session, when they also recorded their biggest one-day percentage declines since early January
Capital markets regulator Sebi is looking at introducing a performance-linked incentive for mutual funds and will soon be coming out with a consultative paper on the same, a senior official said
So are analyst opinions with ratings ranging between 'hold to 'buy', and valuations between Rs 110 and Rs 132
Madan Sabnavis, Chief Economist, Bank of Baroda said Bond yields have come down sharply due to factors like Sudden demand for bonds by HDFC group ahead of merger
Capital markets regulator Sebi introduced Legal Entity Identifier system for issuers that have listed or planning to list non-convertible securities, securitised debt instruments and security receipts
See regulatory risks to yields; most maintain 'buy' call on improved valuations, long-term growth potential
Proposal being reviewed by a working group formed by Sebi
From April 1, the centre increased the STT on sales of futures and option (F&O) contracts by 25 per cent
Industry players said more such funds could move to Gift City as the tax treatment is now at par with other global jurisdiction
With this Crisil has 10 benchmarks across the three AIF categories
By Arundhati Sarkar
By M. Sriram and Rama Venkat
MRF's board has recommended a final dividend of Rs 169 (1,690 per cent) per share
Shares of Adani Enterprises, Adani Power, Adani Green Energy, Adani Total Gas, Ambuja Cements and Adani Ports and Special Economic Zone were trading 3-7 per cent lower intra-day
As per PTI, the raids were being undertaken to gather evidences related to allegations that the company collected public deposits worth over Rs 150 crore in contravention of RBI guidelines