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Daily Market Analysis Tag

Daily Market Analysis

Daily Market Analysis – 14th Oct 2020

byAkshay ShahOctober 14, 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 announced a buyback of shares worth Rs. 9,500 Crs at Rs. 400 per share. Future outlook: The company said that it has signed a definitive agreement to acquire Eximius Design, a leading engineering services company...

Daily Market Analysis

Daily Market Analysis – 13th Oct 2020

<img alt='' src='https://secure.gravatar.com/avatar/9c4fb77a9b580ca7508305adb522e519?s=64&d=mm&r=g' srcset='https://secure.gravatar.com/avatar/9c4fb77a9b580ca7508305adb522e519?s=128&d=mm&r=g 2x' class='avatar avatar-64 photo' height='64' width='64' decoding='async'/>

byfintooOctober 13, 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 to March 31, 2022. What it means is that banks are given a leeway while giving out larger housing loans. With reduced risk weights for loans above ₹75 lakh, the cost of lending to this customer segment will come...

Daily Market Analysis

Daily Market Analysis – 12th Oct 2020

byLavish BhambhaniOctober 13, 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 robust second-quarter earnings. On the global front, updates on the US stimulus package and upcoming Presidential debates will provide support to the markets Mazgaon dock Shilpbuilder, the country’s...

Daily Market Analysis

Daily Market Analysis – 27th Sept 2020

<img alt='' src='https://secure.gravatar.com/avatar/9c4fb77a9b580ca7508305adb522e519?s=64&d=mm&r=g' srcset='https://secure.gravatar.com/avatar/9c4fb77a9b580ca7508305adb522e519?s=128&d=mm&r=g 2x' class='avatar avatar-64 photo' height='64' width='64' decoding='async'/>

byfintooSeptember 28, 2020

EPFO has provided a huge relief to employees who will be retiring from SEP 30th onwards. Companies have to now send a list to the government mentioning the names of the employees who will retire in that particular month. The government will then initiate the retirement benefits in that month itself rather than the previous waiting period of 3-4 months. It is a very good move and will help...