The index closed flat but with a negative bias. It did manage to hold on to 47,000 levels towards the close of the trade, which is a positive sign. The Nifty50 closed with gains of nearly 20 points.
Larsen & Toubro’s shares face volatility, yet analysts remain optimistic about future growth. A record order book and strong capital expenditure demand underpin this positive
Consumer durable loans are leading new-to-credit customers into institutional borrowing. Gold loans and microfinance also significantly contribute to this growing credit access. Institutional credit penetration
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