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In March, the group got a lifeline of Rs 15,000 crore from global investment firm GQG Partners, which picked up stakes in 4 Adani Group companies. This further soothed Dalal Street investors and brought in some stability in the stocks.

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The consolidated total revenue for the fourth quarter was Rs 10,795 crore as compared to Rs 13,308 crore in the corresponding previous quarter.

The Stock prices reflect expectations for future financial performance. Thus, as an investor, it becomes very important to anticipate revisions in those expectations. Banking Index has performed well, but it is now the past and thus what lies ahead is the big question.

A rise in political polarisation, divided government since November 2022 congressional elections and more elevated federal deficits over the forthcoming years are the other reasons Scope cited for the ratings review.

Demand for business loans has skyrocketed with a healthy credit cycle, while demand for mortgages has seen some transfer. Diversified lenders such as BAF, Poonawalla, LTFH, and non-vehicle segments are expected to show healthy results. HDFC Bank, ICICI Bank, Tata Capital, Yes Bank, Faircent, L&T Finance and AB Capital have adopted an aggressive stance to grow their loan book across product segments. Commission payouts offered by different lenders for a particular product are not significantly different. Rural areas in Rajasthan have a history of lower delinquencies. Poonawalla Fincorp and Bajaj Finance have been deemed as a buy with potential for increase in value.

A basket of highly-shorted stocks tracked by Goldman Sachs Group Inc. jumped more than 3% on the final day of the week as bears closed positions.

Sovit Manjani, CEO and Chartered Market Technician (CMT) at http://www.systematicalpha.in, turned to Vipassana meditation after facing a challenging 45-session loss period in his long-only model from January 2018 to mid-2020. The multi-cap systematic trading model by Manjani focused on small and mid-caps, leading to difficulties due to prevalent issues in YES Bank, DHFL, ASM, Jet Airways, Infibeam, and ADAG Group stocks. He maintained his patience by following position sizing rules, his understanding of impermanence or annica, and staying committed to his approach while keeping himself resilient through Vipassana meditation.

After record deposit outflows immediately after the failure of SVB and smaller Signature Bank within days of each other, deposits had stabilized into early April.