Brokerages trim volume growth estimates, see impact on margins
Factoring in better demand for delivery, FY24 overall might have growth estimates for 18 per cent
The Q1FY24 data indicates over 90 per cent of savings and current accounts are sourced digitally
SBI Life, HDFC Life gains; Life insurers H1 NBP down 13%
Krystal Family Holdings owns 100 per cent stake in the company
This was the worst fall for the smallcap index since September 12, when it had tanked over 4 per cent
Brokerages see profit growth at 19.6%, slower than Q1
An analysis conducted by PRIME Infobase reveals the sectors where overseas funds turned the most bearish
The country's two depository firms, Central Depository Services and the National Securities Depository, added about 3.1 million new accounts
The BSE smallcap index jumped 7,566.32 points or 36.64 per cent in 2021-22 fiscal, and the midcap surged 3,926.66 points or 19.45 per cent
While analysts remain positive, the two stocks fell by 1.5-4.5 per cent on Wednesday
Market participants also exercised caution ahead of the Reserve Bank of India's upcoming monetary policy announcement
This increase in the US bond yield, the most significant in roughly four decades, is consequential
While the holding company discount should reduce and operational flexibility improve, there are still some concerns on the parent's debt
The four largest players are HDFC Bank, SBI Cards, ICICI Bank and Axis Bank and they hold 70 per cent of outstanding cards and receive about 75 per cent of spends
The competitive intensity is high in the lender segment, with banks, small finance banks and NBFCs including both specialised HFC and non-specilaised NBFCs active in the segment
Increasing US yields, oil price surge trigger risk-off bets
The Rs 30-crore initial public offering (IPO) of Digikore Studios (on the National Stock Exchange's SME platform) garnered 282 times subscription, attracting bids worth Rs 5,407 crore
Given high competition, firms with ability to monetise projects, focus on high margin assets and healthy balance sheets are preferred plays
The Rs 30-crore initial public offering (IPO) of Digikore Studios (on the National Stock Exchange's SME platform) garnered 282 times subscription, attracting bids worth Rs 5,407 crore