Stocks to Watch: HP Adhesives, RBL Bank, Adani Trans, HUL, Lupin, CBI
The key benchmark indices are likely to start trade on a quiet note owing to lack of any major directional cues from the overseas market. As of 08:00 AM, the SGX Nifty futures were quoted at 17040, up 14 points. Meanwhile, here the top stocks to focus in trade today. HP Adhesives: The stock will make […]
State Bank of India to cut base rate by 5 bps to 7.45%, reduce PLR
By Administrator_ India Capital Sands Ahead of the festive season, the country’s largest lender, State Bank of India (SBI), has decided to cut its base lending rate by 5 basis points (bps) to 7.45 percent, effective September 15. Also, it has cut its prime lending rate by 5 bps to 12.20 percent. Last week, private […]
Fitch now expects lower GDP contraction in India at 9.4% for FY21
By Administrator_ India Capital Sands A sharper-than-expected rebound by India’s economy in the second quarter has prompted Fitch Ratings to lower its projections for GDP contraction to 9.4 per cent in the current financial year from 10.5 per cent forecast earlier. However, the agency warned against weak investment demand with Covid-19 affecting the economy and asset quality […]