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Financial Reports
Solid Rebound after Fall; Chris Wood Exclusive; Zomato to list tomorrow? | Top cricket live buzz
Solid Rebound after Fall; Chris Wood Exclusive; Zomato to list tomorrow? | Top cricket live buzz
1. Indian equity markets rebounded after a couple of torrid sessions at the start of the week. The benchmark Nifty 50 index gained nearly 0.9% in early trade and the broader markets outperformed, with the midcap and small cap indices gaining 1.4% and 1% respectively. 2. What is happening in the world, 3 weeks ago, the world was worried about inflation, now growth concerns are back and yields have plummeted. Are we in a repeat of 2019 where central banks will only print money and interest rates will remain low for long? 3. BAJAJ Finance is up in the session despite the stress. Investors keep the faith. 4. Lip smacking gains of Jubilant Food, back with good Q1 earnings. 5. HUL is likely to report 14,7% revenue growth led by growth in beauty & personal care segment (BPC) & growth in foods & refreshment segment. Discretionary portfolio has been impacted in the second covid wave but performed better than the base quarter due to less strict movement restrictions. 6. RBI’s approval for exit as promotor IDFC First Bank posts stellar rally. 7. D-street is all set for the listing of Zomato, this could be one of the largest unicorns to be listed in India. 8. Blackbuck drives into unicorn club with $67 million funding. India’s 16th this year.
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