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"USDINR has been extremely resilient, but biased higher and could remain so for the foreseeable future," said Srinivas Puni, managing director at forex advisory firm QuantArt Market Solutions.

Ashok Leyland shares down 1.07% as Nifty drops

Updated at : 2023-10-20 12:30:01

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A total of 63,297 shares changed hands on the counter till 11:31AM (IST).

“As an investor, there is opportunity in premiumisation, mass market and super luxury segments. All three options are available in India and as an investor we will have to keep our eyes open. As of today, post Covid consumption distribution, premium markets or premium products have done well but it is just a question of time before the mass market products also start doing well.”

ICICI Bank’s net profit is seen rising to Rs 9,662 crore, according to the average of estimates given by nine brokerages. NII or net interest income is likely to grow 24% YoY to Rs 18,286 crore, the estimates showed

Bharat Forge shares drop 1.55% as Sensex falls

Updated at : 2023-10-20 12:30:01

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The stock quoted a 52-week high of Rs 1147.95 and a 52-week low of Rs 744.0.

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The Relative Strength Index of the stock stood at 51.37 on Thursday.

MCX December gold futures traded in the green on Friday at Rs 60,459 per 10 gram, up by Rs 141, or 0.23%. Meanwhile, the December silver futures were trading at Rs 72,025 per kg, higher by Rs 409 or 0.57%.

Bajaj Holdings shares up 3.54% as Nifty drops

Updated at : 2023-10-20 11:25:01

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A total of 1,065 shares changed hands on the counter till 10:00AM (IST).

Nomura maintained a neutral rating on Havells India with a target price of Rs 1410. The 2QFY24 EBITDA was below broader consensus estimates.

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