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“Maruti is finding a good base at Rs 8,300. We have seen multiple corrections below this support point for Maruti. We might see the stock rising higher or at least getting back into the thick of the rally once the auto stocks manage to rise again. Rs 9,750 could be a potential target range for Maruti in that timeframe.”

ICICI Prudential Life Insurance Company Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 73872.29 Crore) operating in Financial Services sector.

The company said its internal forecast estimates that revenue for the fourth quarter, which includes the holiday season when advertisers ramp up activity, will be flat from the previous year. The ability to forecast future quarters remains challenging, Snap said.

To see why, start with what the brokerage HDFC Securities is calling the “changing contours of monetary transmission” in India. In March 2020, less than 10% of floating-rate rupee loans were priced off an external benchmark such as the RBI’s repurchase rate. By June this year, that figure had jumped to 47%. Taking advantage of rising interest rates, lenders have frequently reset loan prices.

Shares of other companies that sell digital advertising also dropped, with Meta Platforms down over 4%, Alphabet down 2.7% and Pinterest losing nearly 8%. All together the sell-off in late trading erased over $50 billion in stock market value from internet ad companies.

RIL, HUL, Bajaj Finserv, JSW Steel, SBI Life Insurance, Hindustan Zinc, HDFC Life Insurance, Ambuja Cements, DLF, United Spirits, Torrent Pharma and Vodafone are among the companies that will announce their results for September 2022 quarter today.

Total advances increased 22% year-on-year with a 15% growth in retail, agriculture and MSME segments and a 22% growth in corporate loans led by segments like infrastructure, iron and steel, chemicals and NBFCs. As a result, net interest income (NII) grew 22% to 8,305 crore . CEO A Manimekhalai said the bank continues to maintain a conservative 10% to 12% credit growth target for the current fiscal year despite the strong growth in the second quarter.

Total income rose by 29% to 9,972 crore during the quarter, Bajaj Finance said in a regulatory filing. Interest income grew by 27% to 8,509 crore. Shriram Transport Finance Q2 Net Rises 38%

While gold is considered a hedge against inflation, higher interest rates increase the opportunity cost of holding the bullion, which yields nothing. Euro zone consumer inflation was marginally lower in September than estimated earlier, data showed on Wednesday, but still at a record high, underlining market expectations of more rate rises before the end of the year.

The funds raised via rights issue are in multiple calls - the first call at the time of application is ₹600 crore. This will be used in the manner described in the letter of offer, including for repayment or pre-payment of a portion of certain outstanding borrowings availed of by the company and its subsidiaries.