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Whether it's relationship or portfolio the quality matters. #indianmatchmaking #indianmatchmakingmemes #netflix #investing
Route One Investment Company LP, USA (ROIC) is an existing investor, holding approximately 4.96% of the issued and subscribed capital of the bank.ROIC has approached the Reserve Bank of India seeking a prior approval to increase their stake in the bank up to 10%. #MOMarketUpdates #IndusindBank #Nifty #Indianstockmarket
1) Newly listed Rossari Biotech closed at Rs742 vs IPO price of Rs425 in trading debut; the stock climbed as much as 89.2% intraday to 804 rupees while open 57% high at Rs669. It has recorded 3.6cr traded on NSE.2) Reliance climbed up 3% to close all-time high of Rs2058. Reliance Market-Cap at Rs13.4 lakh cr. Amazon is in preliminary talks to acquire a 9.9% stake in Indian billionaire Mukesh Ambani’s retail venture. #MOMarketUpdates #Reliance #IPO #Rossari #Amazon #MotilalOswal #IndianStockMarket #Nifty50
When investors try to make a match with stock market. #indianmatchmaking #memes #netflix #trending
Silver jumped to the highest in seven years at Rs 59615 and gold continued its march towards a record on expectations more stimulus is needed to help the global economy recover from the coronavirus pandemic. Rising gold and Silver price will be positive for Gold Finance stocks like Manappuram Finance and Muthoot Finance. #MOMarketUpdates #Indianstockmarket #commodities #safeinvestment #gold #silver
Tech Stocks - Northbound journey continued in the tech stocks after better than expected Q1 results announced by Infosys, HCL Tech and Wipro. Both the Tech giants Infosys and HCL Tech closed on a record high today. HDFC Bank- HDFC Bank reported Q1 net profits at Rs6660cr grew at 19.6% YoY (inline to our estimates at Rs6680cr) , NII growing at 8% YoY (3% QoQ) to Rs15660cr (expectation Rs15390cr). Other income declined 18% YoY to Rs4070cr (34% below estimates at Rs6140cr) affected by decline in fees & commission income (37% YoY/49% QoQ decline) due to lockdown . Total provisions spiked to Rs3890cr (49% YoY increase) – Expectation Rs4150cr. GNPA at 1.4% vs 1.3% (QoQ) – expectation 1.3%. NNPA at 0.3% vs 0.4% (expectation 0.4%). #MOMarketUpdates #HDFCBank #HCL #Infosys #MotilalOswal #Indianstockmarkets #nifty #sensex #nifty50 #nse #bse
Zydus received approval from COFEPRIS to conduct clinical trials in Mexico with Pegylated Interferon alpha-2b to treat novel Coronavirus. #MOMarketUpdates #Zydus #covid19vacccine #covid19 #indianstockmarket
Rally on tech stocks may continue after tech major Infosys, TCS and Wipro reported strong Q1 results. Mid-cap tech major L&T Infotech has also reported better than expected Q1 results. Infosys EBIT margin guidance (21%-23%) is again a big positive surprise in the market. #MOMarketUpdates #Infosys #TCS #Wipro #Nifty50 #Indianstockmarket #MotilalOswal
Google invests $4.5B in India's Jio Platforms, takes 7.73% stake. #MOMarketUpdates #JIO #Facebook #Google #indianstockmarket #Reliance #Nifty50 #MukeshAmbani