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Infosys had announced that it was signing the MoU in September 2023.

Bloomberg reported that the firm is planning to raise $2 billion by next year. The firm is exploring various instruments including private placement of debt, offshore bank loans as well as dollar and rupee bonds

The recent IMF India country report on India notes that the current broadly neutral monetary policy is appropriate, based on the estimates of natural real interest rate of 1%. Based on that estimate and average inflation estimate of 5% in the next fiscal, Repo rate can be at 6% under a neutral stance – implying… Continue reading Room for limited monetary easing will open up in 2024 on December 26, 2023 at 3:21 am

Cummins India continued uptrend for second consecutive session. The stock has formed healthy bullish candlestick pattern on the daily scale with above average volumes and traded above all key moving averages.

Stocks to watch: Check out the companies making headlines before the opening bell today, on December 26, 2023.

One should keep an eye on midcaps from the Cement, Engineering / Capital Goods, Infra, Railways, Defence, Renewable and IT space, says Sudeep Shah.

Despite a positive undertone, the market appears to be in a corridor of uncertainty, and trading within the mentioned broad range is expected in the truncated week ahead of the next calendar year.

One should keep a note of FII’s long short ratio in index futures is around 66 percent (till Thursday). Once this ratio crosses the 70 percent mark, markets might start preparing for a temporary short-term top formation.

On Friday, Indian rupee ended 12 paise higher at 83.15 per dollar versus Thursday#39;s close of 83.27.

On Friday, Indian rupee ended 12 paise higher at 83.15 per dollar versus Thursday#39;s close of 83.27.