MUMBAI, 7 OCTOBER: RBI did not announce any liquidity absorption methods like CRR etc. (expected by us). As we mentioned, the current tools for liquidity absorption should continue. And in next 6 months, in natural course of liquidity will lead to less surplus. RBI stated concerns about “sudden reescalation” of Iran war since last policy….
MUMBAI, 7 OCTOBER: As per Bloomberg, Jio Platforms (JPL) is seeking a valuation of INR11t (USD114b) in its impending IPO. We note that the valuation ask is broadly in line with our current ascribed valuation of INR11.2t for JPL and implies ~12x FY28E EV/EBITDA, representing a ~17% premium to the implied ~10.3x FY28E EV/EBITDA multiple…
Senior citizens can earn up to 8.15% p.a.; Renewals get additional 0.10% p.a. FD rates raised 15-40 bps across all tenures from 12 to 60 months Regular depositors can earn up to 7.75% p.a.; Senior citizens can earn up to 8.15% p.a. Mumbai/Pune, October 7, 2026: Bajaj Finance Ltd., India’s largest private sector non-bank, today…
RBIની પોલિસી પૂર્વે અને પછી માર્કેટમાં હેવી વોલેટિલિટીની શક્યતાઓ વચ્ચે આજે શેરબજારોમાં તેજીવાળાઓની પક્કડમાં મજબૂતી મેળવવા માટે NIFTYમાં 22,800-23,000ના રેઝિસ્ટન્સ ઝોન તરફ વધુ ખરીદી જોવા મળવી જરૂરી છે. જો આમ ન થાય, તો NIFTY કોન્સોલિડેશનના તબક્કામાં જઈ શકે છે, જેમાં 22,700 પર તાત્કાલિક સપોર્ટ અને ત્યારબાદ 22,550 અને 22,400 પર સપોર્ટ જોવા મળી શકે તેવી…
MUMBAI, 7 OCTOBER: We expect Elara Fertilizers and Agricultural Chemicals coverage universe to report weak Q2FY27 with decline in topline, EBITDA and PAT by 7%, 13% and 31% respectively. An erratic monsoon left West and South India in a rain-deficit situation through most of August and September, hurting both fertilizer offtake and agrochemical consumption. Urea…
MUMBAI, 7 OCTOBER: Sugar mills are likely to report healthy growth in profitability, driven by better volumes for both sugar & ethanol and improving sugar realizations. After a sudden steep surge in sugar price in August, prices have retraced substantially due to continuous government intervention. We expect prices to inch up post crushing season and…
MUMBAI, 7 OCTOBER: Nifty formed a bullish candle with a higher high and a higher low signaling continuation of the pullback for the second session in a row. Index opened on a positive note and gained momentum as the session progressed to close above 22,750 levels. Volatility is likely to be high in today’s session…
MUMBAI, 6 OCTOBER: Nifty ended the session at 22,776.10, up 0.98%, forming a bullish candle that closed at the day’s high. The index remains within the falling parallel channel in place since August, with today’s move pushing it up toward the channel’s upper trendline. However, Nifty stays below its 9 EMA at 22,840, keeping the…
