Earnings results for several companies, including Power Grid, Divi’s Labs, and Tata Chemicals, will be released soon. Power Grid is expected to report modest growth, while Divi’s Labs anticipates significant increases in net profit and revenue. Other notable companies announcing results are General Insurance Corp and Aditya Birla Capital. Stay tuned for important financial updates.
RBI seeking to curb yields buys bonds at a premium
The Reserve Bank of India purchased bonds at higher prices than the market on Monday. This move aimed to control bond yields during a period