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JPMorgan had, in September 2023, announced the inclusion of Indian government bonds in its GBI-EM Global index suite starting June 2024.

As per the bulk deals data shown by the exchanges, Stellaris Venture Partners sold 32.17 lakh shares in Honasa Consumer at an average price of Rs 437.04

This is at a premium of 43 percent to the last closing price.

According to the statistics ministry#39;s first advance estimate of this year’s GDP, the Indian economy#39;s growth rate is set to increase to 7.3 percent from 7.2 percent in 2022-23. However, the nominal growth rate is seen at 8.9 percent – well below the government#39;s assumption that it would be 10.5 percent.

According to Soumya Kanti Ghosh, State Bank of India#39;s group chief economic adviser, the signals from usual indicators such as two-wheeler sales are not backed by what new types of data are saying about the Indian economy.

The NCDs will be issued at face value of Rs 1,000 each, with a coupon rate of 9.66 percent. The issue opens on January 11 and closes January 24, with an option of early closure or extension, the company has said

The key Fibonacci retracement levels of 21,507 and 21,406) and the 20-day moving average of 21,426 are likely to provide cushion in case of a correction, says Jatin Gedia of Sharekhan by BNP Paribas

Volume projections too, failed to impress. Godrej Consumer Products’ volumes are set to grow in high-single digits in Q3FY24, while Marico’s volumes are expected to grow in low-single digits.

In this edition of Moneycontrol Pro Panorama: Bangladeshi voters show dissent with low turnout, a decade of economic structural reforms leads nowhere, markets nonplussed with SEBI#39;s new norms, receding twin deficit belies India’s strong growth, and more

The start of the Q3 earnings season, coupled with uncertainty in the Middle East and the recent increase in Russian aggression, caused volatility to rise in the market