HAL announces 200% interim dividend, fixes record date
The board has declared an equity dividend of Rs 30 per share in the past 12 months, resulting in a yield of 1.05%. Shares of the company are traded 0.48% lower at Rs 2,848 apiece on NSE
Moody’s downgrades Vedanta Resources’ CFR to Caa1
”Ongoing delays in Vedanta Resources’ refinancing efforts and its continued reliance on dividend receipts are depleting liquidity at its operating subsidiaries,” Moody’s said.
2 top stock recommendations from Swati Ananda Hotkar
Definitely the view has been very cautious to negative on the Nifty front. From the last few trading sessions, we are witnessing a gap down opening and on every resistance levels we are witnessing a selling pressure. It is a roller coaster ride for the Nifty and the Bank Nifty as well.
One bank folds, another wobbles and Wall Street asks if it’s a crisis
“Silicon Valley Bank is just the tip of the iceberg,” said Christopher Whalen, chairman of Whalen Global Advisors, a financial consulting firm. “I’m not worried about the big guys but a lot of the small guys are going to take a terrible kicking,” he said. “Many of them will have to raise equity.”
Govt trying to make crypto dealing transparent to identify frauds: Smit Khakhkhar
On users there would be very less impact because any users that are dealing with crypto which is from the right source would not face any problems.
ETMarkets Fund Manager Talk: FY24 earnings downgrades likely as assumptions look aggressive: Hemang Kapasi, Sanctum Wealth
The lead indicators like Composite Purchase Managers Index (PMI) have started showing sequential improvement in developed markets as well as China post the reopening from Covid restrictions, while India continues to be in an expansionary zone leading the pack.
ETMarkets Smart Talk: We are getting cautiously optimistic on equities; like gold as a hedge: Rohit Beri
The market valuations have corrected and are now closer to the historical averages with a relatively better outlook on earnings growth (~11-13% CAGR for the next 2 years) and ROE improvement vs the last decade (low single-digit earnings growth).
Bank of Japan keeps easing policies at Kuroda’s last meeting
Kuroda has championed a raft of ultra-loose policies in his decade at the central bank’s helm, despite recent pressure to join the Federal Reserve and other global peers, which have hiked interest rates to tackle inflation.
Oil little changed, worries over rate hikes persist
Expectations of ongoing rate hikes in the world’s largest oil producing country and similar remarks over the weekend by the European Central Bank President have cast a shadow over global growth, setting oil up for a weekly fall after two straight weeks of gains.
US stock market: Wall Street falls on bank stocks tumble, jobs report jitters
Traders were betting that chances of a 50-basis-point rate hike at the Fed’s March meeting were around 60%, according to CME Group’s FedWatch tool, up sharply from a probability of 31% before Powell’s Tuesday and Wednesday appearances in Congress.