Big movers on D-Street: What should investors do with Infosys, Apollo Hospitals and SBI Life?
Stocks that were in focus included names like HCL Tech, which rose 0.02%, SBI Life, which fell 1.48%, and Apollo Hospitals, whose shares jumped 1% on Thursday.
Adani Ports uses unique structure to place bonds with private credit funds
The company, with a market capitalisation of ₹2.6 lakh crore, has placed uniquely structured bonds with a clutch of local private credit funds to mobilise ₹500 crore, said two persons familiar with the issuance that closed on January 9.
Take pre-emptive steps to mitigate risks: RBI to banks
While the flexible inflation targeting provided the elbow room to address the supply side shocks, the regulator post Covid put together a mechanism to strengthen the institutions through prudential norms and heightened supervision and inspection, Governor Shaktikanta Das said.
SIP account additions hit new high in December 2023
The benchmark indices gained around 8% in December alone following renewed interest of foreign portfolio investors (FPIs) and sustained flows form domestic investors. That took the calendar year gain to over 20%. This has prompted more retail investors to opt for equity investments, and SIP has emerged as a preferred route.
Financial creditor claims should have primacy: RBI Guv Shaktikanta Das
“It has to be recognised that the financial creditors take the maximum risk and hence their risk needs to be commensurately compensated and with priority,” Governor Das said at a conference in Mumbai.
Fed officials say December CPI did not budge view of inflation
Overall consumer price inflation on a 12-month basis rose to 3.4% in December from 3.1% the month before. But excluding volatile food and energy costs the pace of price increases fell to 3.9% from 4%, showing ongoing moderation in underlying price pressures.
Full-service brokers see exodus of clients to discount players
NSE data reveal that brokerage firms, including ICICI Securities, HDFC Securities, Axis Securities, Sharekhan, IIFL Securities, Nuvama, and Geojit, among others, have observed a decline in the number of active clients.
TCS, Infosys retain deal momentum amid a challenging scenario
In addition, each of the companies continued to show lower employee attrition and falling headcount which reflects the muted demand outlook in the short term despite fresh deal wins.