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The Reserve Bank of India (RBI) has allowed banks greater flexibility to set their own limits to borrow from the interbank call money market to facilitate better management of liquidity. Banks can presently borrow all of their capital funds on a daily average basis in a fortnight, and 125% of capital funds on any given day. Despite speculation that this could increase liquidity, experts suggest that smaller banks could be more likely to borrow more via this window rather than larger ones.

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ETMarkets.com has identified 10 stocks from the BSE universe that have consistently achieved gains exceeding 10% in each of the last three months.

DLF declines 2.38% as Sensex slides

Updated at : 2023-06-08 16:10:03

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The stock traded at a P/E multiple of 58.85, while the price-to-book value ratio stood at 2.34.

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A total of 10,297 shares changed hands on the counter till 02:09PM (IST)

Varun Beverages shares drop 3.88% as Sensex falls

Updated at : 2023-06-08 16:10:03

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The stock quoted a 52-week high of Rs 1747.15 and a 52-week low of Rs 716.65.

What makes a crypto asset a security in the US?

Updated at : 2023-06-08 14:05:02

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The SEC has brought more than a hundred enforcement actions in the past decade, claiming various cryptocurrencies are securities.

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On daily chart “ double bottom” confirmation , daily and weekly RSI is in positive terrain.

Top brokerage firms have released their recommendations for various companies. Morgan Stanley has maintained an overweight rating on Zomato, while CLSA has maintained a buy rating on Tata Motors and BofA Securities has upgraded Paytm to buy. Additionally, Morgan Stanley has initiated equal-weight ratings on HDFC AMC and Tata Steel, and has maintained an underweight rating on HPCL. Morgan Stanley expects sustainable share gain for Tata Motors in the PV segment and believes Paytm is well-positioned to dominate the SME merchant landscape, while the impact of SEBI paper is expected to be limited for HDFC AMC.

Here's why Anand Tandon is bullish on Hero MotoCorp

Updated at : 2023-06-08 14:05:02

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​Currently, it is not very expensive. It is just about marginally at long term valuations average. And assuming the earnings hold up, one year forward earnings are also the estimates which are indicating that the market is trading at around 18 times or whatever which is not particularly expensive

Equity markets were largely steady after the policy outcome. Both Sensex and Nifty 50 were up 0.1% each at 63,221.02 points and 18,749.15 points, respectively. The Nifty Bank index was 0.2% up at 44,382.15 points.

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