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Net interest income or the core income of the bank rose 43.4% on-year to ₹857.2 crore against ₹597.7 crore in the corresponding quarter last year.

"Intermittent holidays in April and the volatility in markets amid corporate earnings weighed on flows," said AMFI Chief Executive NS Venkatesh.

The National Company Law Tribunal (NCLT) in Kolkata has blocked a petition from Central Bank of India that would have allowed insolvency proceedings against Simplex Infrastructures. The engineering company remains in debt to government agencies and contractors, with some payments mired in arbitration. The debt could potentially allow Simplex to pay back creditors, according to the judgment.

Aggressive New Long is a bullish indicator as it signifies the futures OI and price have increased. ​

Over the past month, the call rate has hovered around 6.75%, 25 bps higher than the benchmark policy repo rate. The call market is an uncollateralised lending and borrowing facility used by banks to meet short-term funding needs.

​On the candlestick screener, a bullish reversal pattern helps identify stocks that can move uptrend from a downward zone in the future. ​

The issue received over 155,000 applications and the institutional investor portion was subscribed 5.06 times while the other investor portion witnessed 6.55 times subscription at the upper end of the price band of ₹95-100 per unit.

​Reduction in commodity cost pressure resulted in margin improvement across sectors, including auto, consumer companies, and banking, among others.​

“The demand in the real estate sector continues to be positive. We are confident of continuing our growth trajectory in FY24. Our growth will continue to be driven by expansion in tier 3 and 4 towns this year,” said managing director Lakshminarayanan Duraiswamy

Eicher Motors will invest INR 1,000 crore in the electric vehicle sector and enhancing its internal combustion engine offerings, according to a statement. The Gurugram-based company has also acquired land for an EV unit and is planning an assembly line for EVs at its Chennai facility. Earlier, the firm posted a 48.4% YoY increase in consolidated net profit of INR 906 crore ($121m) for Q4 2022, and its sales in the period were 17.9% up at 214,685 motorcycles. Total revenue from operations stood at INR 3,804 crore, up 19.1% YoY.