Earnings of banks are seen moderating to 15-18 per cent in Q3 of the present monetary 12 months on the again of weaker margins and decrease pre-provisioning working earnings because of elevated working expenditures, worker wage prices, and price of funds. “We count on banks to report muted working revenue development in Q3FY24, on … Read more
Securities and Trade Board of India (SEBI) has begun the brand new 12 months on a robust word, bringing into impact its November 2023 Board selections that amongst different issues prolonged the requirement of obligatory appointment of custodians by Alternate Funding Funds (AIFs) to schemes with corpus lower than or equal to ₹500 crore. Until … Read more
Although there was some minor corrections not too long ago, the Nifty index breached one more lifetime excessive late final month The occasion was marked with the standard mixture of celebration and a quiet discomfort — the place to from right here? To seek out out the reply, we checked out how market valuations stand … Read more
Dwelling Portfolio Large Story Up to date – December 31, 2023 at 12:20 PM. Crew bl.portfolio speaks to consultants from totally different segments of the market to place collectively what fairness buyers can count on in 2024 Share Copy hyperlink E mail Fb Twitter Telegram LinkedIn WhatsApp Reddit READ LATER Sumit Jain, Deputy CIO, ASK … Read more
Nifty might hit the 24200 stage in 2024, pushed by heavyweight shares from the BFSI, auto, cement and healthcare sectors, ICICIdirect has mentioned in its newest Quant Yearly Outlook report. The Nifty was up by 119.10 pts or 0.56 per cent at 21,379.10 as of 11:30 am on Friday. The Nifty 50 pack was at … Read more
ICICI Securities has taken on lease round 1.9 lakh sq. toes of area in Mindspace Juinagar at a month-to-month hire of ₹92.2 lakh, registration paperwork confirmed. The tenure of the lease is 144 months, ranging from January 1, 2024 and the efficient month-to-month rental fee works out to ₹49 per sq. toes. The hire escalates … Read more