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IT and financial stocks declined the most. HDFC tanked 1.89 per cent to Rs 2,619. HCL Tech, HDFC Bank and Infosys declined 1.78 per cent, 1.65 per cent and 1.48 per cent, respectively.

“This year, we should have a very expansionary budget with focus on all the areas where the voters are sitting – be it affordable housing, rural economy, infrastructure creation and job creation. ”

For the past few years, the Big Bull has either been reducing or holding on to his stake in Escorts. He last bought additional shares in Escorts in the September quarter of 2018.

Anil Goel added 38,700 equity shares of the company during the quarter. His stake in the company is worth Rs 11.84 crore.

The microfinance lender delayed the announcement of its second-quarter results as it failed to complete the audit in time due to the flux in management, including the exit of founder Padmaja Reddy in November.

“The next set of great wealth creators are going to come from the likes of Nazaras and Nykaas and maybe Paytm, Policybazaar and many more such companies which are going to get listed over here. A lot of investor attention and focus has to shift to these sorts of companies. ”

The company will commission 23 such forklifts in a phased manner over the next few months at its aluminum smelter in Jharsuguda, Odisha.

State Bank of India key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2021.

The rupee opened weaker against the US dollar on Thursday as the minutes of the Federal Reserve’s December meeting showed that policymakers were considering a faster-than-expected pace of rate hikes in the world’s largest economy. The partially convertible rupee opened at 74.4450/$1 against74.3600/$1 at the previous close.

A median of 34 analyst targets suggest an upside potential of 25 per cent in ITC stock. Retail investors held just over 12 per cent stake in the cigarette maker as of September 30.