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1) Hindustan Zin Stock price gained after positive Q2 results. The total income of the company increased to Rs 6,050 crore in the July-September period from Rs 5,101 crore in the year-ago period.2) The SBI will offer interest concessions up to 20 basis points for loans above Rs 75 lakh, based on the CIBIL score. An additional concession of 5 basis points will be offered if home loans applied through YONO, it said in a statement. The customer will get a credit score-based concession up to 10 basis points for loans ranging between Rs 30 lakh to Rs 75 lakh. An additional interest concession of 5 basis points will also be offered to women home buyers. #MOMarkerketUpdates #MotilalOswal #SBI #homeloans #festiveseason #festiveoffers #indianstockmarket #nifty #sensex

1) The business of LIC Housing Finance is back to pre-Covid levels, its Managing Director and Chief Executive Officer Siddhartha Mohanty has said. Mohanty said housing finance companies witnessed excellent growth in September due to by various incentives by builders and the momentum would continue with the onset of the festive season. LIC Housing Finance is growing good in the affordable segment, while the premium segment has also seen an uptick. "In Mumbai, we are registering good growth because of the reduction in stamp duty. 2) SBI positive comments by chairman Dinesh Kumar Khara lifted the stocks. Yesterday he said that the lender's business has recovered to around 70-80% of pre- Covid levels. Khara said his focus would be on credit quality, preservation of net interest margins (NIMs) and employee safety because of the pandemic. Moreover, the fall in 10-Year G-Sec Yield will be positive for PSU banks. 10-Year G-Sec yield declined 8-bps to 1-month low at 5.92%. The fall is after the RBI announcement of issue of OMO in its Credit policy. #MOMarketUpdates #MotilalOswal #Indianstockmarket #LIChousing #NBFC #Nifty #Sensex #PSUBank #SBI #LIC #realEstate #home #Newhome

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Hit the like button or give a shout in the comment section if you have learned to make perfect roti during the lockdown.....

Cholamandalam: Diversifying the asset franchise; Two-wheeler finance and home loans the next growth engine. Read more: http://ow.ly/p19z50ke9JM#readresearch #marketknowledge #Cholamandalam #readresearch #marketknowledge #Cholamandalam