Daily Market Analysis – 23rd Oct 2020
SBI Cards and payment services 2nd quarter showed impact of Covid 19 on unsecured loans. SBI Cards reported that its gross NPA rose to 4.3% from 1.4% in April- June Quarter. On Sep
Daily Market Analysis – 22nd Oct 2020
Ecommerce Giant Amazon and Walmart owned Flipkart Group had a separate discussion with Aditya Birla Fashion & Retail (which owns brands like Pantaloons, Allen Solly & Peter
Daily Market Analysis – 21st Oct 2020
Hindustan Unilever (HUL) Q2 earnings beat estimates. HUL profit rises by 8.7% to Rs. 2,009 crore compared to Rs. 1,848 crore in the same period last year. Revenue from operations i
Daily Market Analysis – 20th Oct 2020
Dr. Reddy’s receives DCGI approval to conduct phase 2/3 trials of the Sputnik V vaccine in India Dr. Reddy’s Laboratories (DRL) has received regulatory approval from the Drugs
Daily Market Analysis – 19th Oct 2020
The Asian markets have started at a higher note on Monday, on the hopes of a US fiscal package before the US presidential elections in November 2020, and expectations of a co
Daily Market Analysis – 16th Oct 2020
1. Oil falls as possible OPEC+ supply boost, COVID-19 spike weigh on sentiment A technical committee of the Organization of the Petroleum Exporting Countries (OPEC) and allie
Daily Market Analysis – 14th Oct 2020
WIPRO reported a dollar revenue growth of 3.75 at $ 1,992.4 million against $ 1,921.6 million QoQ. Management expects dollar revenue growth at 1.5-3.5% inQ3. The company anno
Daily Market Analysis – 13th Oct 2020
To make home loans cheaper, the Reserve Bank of India said that it will rationalise the risk weights and link them to Loan-to-Value (LTV) ratios for new housing loans sanctioned up
Daily Market Analysis – 12th Oct 2020
Indian equities are entering this week in a cheerful mood, courtesy to positive local and global cues. The earnings season kicked off on an upbeat note after IT major TCS announced
Daily Market Analysis – 09th Oct 2020
1. RBI Governor Shaktikanta Das announced that MPC has kept the policy rates unchanged (Repo rate 4%, Reverse Repo rate 3.35%) and is to maintain an accommodative stance. 2.