Latest Stock Market News
Liquidity will come back but RBI will keep it in deficit for the time being: Jayesh MehtaUpdated at : 2023-10-06 14:35:01 Rate this item (1 Vote)The Reserve Bank of India (RBI) is expected to keep overnight rates more towards the Marginal Standing Facility (MSS) rather than the repo rate. The liquidity situation is expected to improve, although there may be some reduction due to the festive season. The RBI is likely to maintain a deficit for the time being and monitor inflation. The market was surprised by the announcement of OMO sales and the recreation of a 4% target. |
Crypto Price Today: Bitcoin falls below $27,500; Ethereum holds above $1600Updated at : 2023-10-06 14:35:01 Rate this item (1 Vote)In the last 24 hours, the crypto market has traded sideways with slight selling pressure. The crypto fear and greed index is up 2 points since yesterday and currently stands at the middle of the scale with a score of 50/100, said Parth Chaturvedi, Investments Lead, CoinSwitch Ventures. |
SRF shares down 0.65% as Nifty gainsUpdated at : 2023-10-06 14:35:01 Rate this item (1 Vote)The stock quoted a 52-week high price of Rs 2639.8 and low of Rs 2050.0. |
Share price of Colgate-Palmolive falls as Nifty strengthensUpdated at : 2023-10-06 14:35:01 Rate this item (1 Vote)A total of 6,718 shares changed hands on the counter till 01:49PM (IST). |
Valiant Laboratories gets healthy premium on debut. What should investors do?Updated at : 2023-10-06 14:35:01 Rate this item (1 Vote)"Further, the paracetamol API industry is expected to clock a 5-7% CAGR between FY23 and FY27," said analysts, while suggesting investors can hold the stock for the long term if they wish to. |
Page Industries shares rise 0.69 per cent in Friday's trading sessionUpdated at : 2023-10-06 13:20:01 Rate this item (1 Vote)The Relative Strength Index of the stock stood at 46.88 on Friday. |
Pidilite Ind shares gain 0.49% as Sensex risesUpdated at : 2023-10-06 13:20:01 Rate this item (1 Vote)A total of 4,928 shares changed hands on the counter till 12:27PM (IST) |
RBI Monetary policy appears a status quo but there are complexities market should internalise: Abheek BaruaUpdated at : 2023-10-06 13:20:01 Rate this item (1 Vote)According to Abheek Barua, Chief Economist at HDFC Bank, the Reserve Bank of India (RBI) has made it clear that it prefers reasonably tight liquidity conditions. The temporary measure of liquidity will likely be replaced by a more permanent system through reverse open market operations or bond sales. The RBI is also signaling vigilance on the external environment and macro stability, and is ready to use monetary policy instruments to counter emerging pressures |
Marico stock price down 0.34 per cent as Sensex climbsUpdated at : 2023-10-06 13:20:01 Rate this item (1 Vote)As of 30-Jun-2023, promoters held 59.39 per cent stake in the company, while FIIs held 24.96 per cent and domestic institutional investors had 3.29 per cent. |
India 10-year bond yield sees biggest rise in 14 months on RBI’s OMO sales planUpdated at : 2023-10-06 13:20:01 Rate this item (1 Vote)“The timing and quantum of such operations will depend on the evolving liquidity conditions,” Das said. In the last policy meeting, RBI imposed an incremental cash reserve ratio (I-CRR) of 10%, which impounded about Rs 1.1 lakh crore from the banking system. The I-CRR was reviewed on September 8 and the central bank decided to discontinue the same in a phased manner, ending on October 7. |