NIFTY
Nifty may touch 17900 and Bank Nifty 39400 in next few weeks; Buy HDFC Bank, Tata Motors, Titan
A new temporary drop in the coming week should not be interpreted as a bad thing, but the buyer should focus on using the strategy because we do not expect to break the main support level of the 16900.
RBI Rate hike: RBI raises bank deposit rates
Bank deposit rates are catching up with lending rates after the Reserve Bank of India (RBI) raised repo rates by 50 basis points (bp) and credit growth outpaced deposit receipts.
The net profit of Kotak Mahindra Bank in the third quarter increased by 15% to 213.1 billion rupees.
Kotak Mahindra Bank’s NII (interest income and expense differentiation) for the October-December period increased by 12% year-over-year to Rs 4,334 million. Net banking margin increased from 4.36% to 4.62% in the reporting quarter.
Apollo Hospitals Enterprise reports a net profit of Rs 169 crore for the March quarter.
On Wednesday, healthcare chain Apollo Hospitals Enterprises Ltd announced that it posted a net profit of Rs 169.89 million for the fourth quarter ended March 31, 2021.
KOTAK FLEXI CAP FUND
The fund has a flexible approach, and the fund management team has full freedom to invest in companies of different sizes based on the maximum expected return.
Asian paint results Q1: The profit was 1.17 billion rupees, up 79% from the previous year, and exceeded all expectations.
ASIAN PAINTS: On Tuesday, Asia Pigments posted a consolidated net income of Rs 5,685 crore after low-interest rates rose 78.9% year on year to Rs 1,016.93 crore in the June quarter, compared to Rs 568.50 crore in the same period. last year…
SBI shares are down 17% from their all-time highs.
Shares of State Bank of India (SBI), India’s largest state-owned bank, caught the eye, falling more than 17% from their highs as securities firms strengthened.
SBI shares Tank 5% in 2022.
Shares of State Bank of India (SBI) are down 5% this year. The shares are outperforming the Nifty 50 index, which has fallen 10% year to date.
How Hero MotoCorp affected the stock markets
Hero MotoCorp shares opened at 2,800 on BSE and 2,796.9 on NSE. BSE and ESN shares closed at 2,785.5 (+0.1%) and 2,784.1 (+0.1%). It is trading at the current price with a price return of 18.6. The stock hit a 52-week high of 3,628.6 on February 17, 2021, and a 52-week low of 2,709.9 on … Read more