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“Weakening consumption and rising personal loans are a concern. Where is the money going? Is it being used to fund debt servicing because unsecured loans are growing at almost 30%. We are asking some fundamental questions on this dichotomy between consumption and credit growth. Maybe 20-25% of credit growth is going into the travel tourism angle.”

Nomura said actual inflows from passive funds are unlikely until around June 28, 2024, when the bonds will be included, and active fund houses will need to be mindful of their tracking error limits.

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​FII debt for last six years, there has been a winter there and money has not come on its own. FII equities, of course, notwithstanding the good time we have had over the last few months, six-eight months.

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Month-end dollar demand from importers, including oil companies, will keep the rupee under pressure, a foreign exchange trader at a state-run bank said.

​I do not agree with the high for long. It is true that for reshoring and many other reasons including crude interest rates will not go back to zero, but then does not mean that the cycle will not turn and these rates are high enough for us as speculators to dial and actually hope for good 2%-2.5% rally from here.

Indian Oil Corp. shares rise 0.15% as Nifty gains

Updated at : 2023-09-25 13:25:01

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The stock quoted a 52-week high price of Rs 101.44 and a 52-week low of Rs 65.2.

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Although under selling pressure, Bitcoin is able to keep above the $26,000 level, while Everlodge achieves impressive increases during its early presale stage. What you should know is as follows.

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A total of 58,406 shares changed hands on the counter till 12:48PM (IST)

“This year we might be performing a little better than expected, but that is not anything significant right. It is just maybe 5-10% better than expected. So, our guidance stays the same. This year we will broadly be a PAT positive and every year in our core business we add about Rs 200 crore of incremental profit.”

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