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The brokerage expects the credit demand to sustain given tightened liquidity in the system as that will push corporates to turn to banks for meeting their credit demand. The bank is gearing up to capitalise on the opportunity and there is an expected 15% overall growth for the public-run lender, in line with the industry.

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FTSE Russell said Thursday that it would continue to keep Indian government bonds on its watch list for possible inclusion in its emerging markets debt index until March 2023, when the next assessment is due. Separately, Reuters has reported that India’s much-desired entry into a similar benchmark maintained by JPMorgan Chase & Co. may also get pushed out to next year. A decision is expected in the coming days.

Gold jumps Rs 980; silver zooms Rs 3,790

Updated at : 2022-10-05 04:55:03

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In the previous trade, the precious metal had settled at Rs 50,738 per 10 grams.Silver prices zoomed by Rs 3,790 to Rs 61,997 per kg from Rs 58,207 per kg.In the international market, gold was trading in green at USD 1,710 per ounce while silver was up at USD 20.99 per ounce.

Is the stock market closed tomorrow for Dussehra?

Updated at : 2022-10-05 04:55:03

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The stock market will also remain closed on October 24 and October 26, 2022 to celebrate Diwali and Diwali Balipratipada.

“The short-term trend of Nifty has turned up sharply after a broader range movement of the last few sessions,” said Nagaraj Shetti, Technical Research Analyst, HDFC Securities. He sees resistance at 17,600 and 18,000 levels in the near term, while the immediate support is at 17,150 levels.

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Ethereum Towers is a social platform for non-gamers who appreciate the creativity of the metaverse without its complexity. It consists of 4,388 NFT apartments set in the upcoming Ethereum Worlds Metaverse- A social platform built for non-gamers.

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Nykaa, with several niche products and a huge addressable market in the fashion segment, will be able to drive the segment’s revenue going forward. Also, the new business initiatives such as NykaaMan and eB2B (Nykaa Superstore) will boost the long-term revenue for the company, the

Tata Steel offloads 19% equity holding in AI Rimal

Updated at : 2022-10-05 04:55:03

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According to the statement, T S Global Holdings had entered into an agreement with Oman National Investments Development Company (Tanmia) and the existing shareholders of Al Rimal to transfer its 19 per cent shareholding in Al Rimal to Tanmia.

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“India has one of the largest and most liquid onshore bond markets among Emerging Market economies, and over the past two years, the market has made significant strides in easing the access for foreign portfolio investors,” the Wall Street Financial powerhouse said in a separate statement.

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