Stock Market Holiday On April 18: NSE, BSE to remain closed for Good Friday

Following the extended weekend, regular market operations will resume on Monday, April 21.

Following the extended weekend, regular market operations will resume on Monday, April 21.

While a 25 bps repo rate cut usually squeezes bank margins by 8–9 bps in the first year, IIFL’s Rikin Shah expects recent savings rate cuts to soften the hit to around 5–6 bps.

Jefferies called the KFin Technologies–Ascent deal valuation attractive, while Nuvama expects the acquisition to be earnings-dilutive in the short term but value-accretive over the long run.

Shares of Gensol Engineering have lost another 5% in today’s trading session and have now shed 90% from their record high levels of over ₹1,147. The developments around Gensol prompted the market veteran’s post on “X”.

Carbamazepine Tablets USP, 200 mg have an estimated market size of $32 million for 12 months ending December 2024, according to IQVIA.

Government securities (G-Secs) are bonds issued by the central or state governments to raise money from the public. According to Ravi Jha, Managing Director & CEO – Equity at LIC Mutual Fund Asset Management, the timing may be just right…

Florian Neto, Head of Investments-Asia at Amundi, a $2 trillion asset manager, expects India’s earnings growth to come in slightly below market consensus, but remains confident in the country’s long-term potential.

This comes at a time when the yield on the US 10-year treasury bond rose to 4.314%. In addition, the yield on the US 5-year treasury bond has also risen to 3.950%.

At the interbank foreign exchange, the domestic unit opened at 85.48 and slipped to 85.54 against the greenback in early deals, trading 10 paise higher from its previous closing level.

SGBs have a tenure of 8 years. But the government allows investors to exit early, starting from the 5th year, only on interest payment dates.