Blackstone exits Embassy REIT, but analysts bullish on growth; stock recoups losses on December 20, 2023 at 8:40 am

Blackstone#39;s exit from Embassy REIT marked the second biggest block trade in FY24 so far.

Aurobindo subsidiary in Tirupati classified as VAI by US FDA on December 20, 2023 at 9:00 am

Aurobindo Pharma shares hit their record high of Rs 1,081.95 a piece around 1 pm today, December 20.

What Social Trends Taught Us About the 2023 Economy on December 20, 2023 at 10:02 am

From girl dinners to ChatGPT, a look back at the trends that broke the internet and taught us about the American economy this year.

Oil India hits all-time high, ONGC scales 6-year peak on high volumes, tax cuts on December 20, 2023 at 8:11 am

Oil India surged by 20% to reach a new peak of Rs 406 per share in intraday, whereas ONGC Ltd gained 5%, hitting Rs 212 per share, marking its highest level since 2018

Nippon India Life MF gains 9% despite huge block deal, keeps analysts bullish on December 20, 2023 at 8:25 am

Nippon India stands to gain from a growing AUM and a steady fund performance, analysts say.

Mid-day Mood | Sensex, Nifty off record highs; metal, PSBs see profit-booking on December 20, 2023 at 7:21 am

Nifty FMCG, consumer durables and oil gas continued to perform well, gaining over a percent each

Ashok Leyland shares rise 2% on #39;buy#39; tag from CLSA with 33% upside on December 20, 2023 at 5:49 am

CLSA analysts said that they were building in another 6-10 percent year-on-year (YoY) growth in heavy truck volumes for Ashok Leyland

Glenmark Pharma shares trade flat as Nirma to acquire majority stake in Glenmark Life on December 20, 2023 at 7:23 am

In September this year, Glenmark Pharmaceuticals said its board has approved to divest 75 per cent stake in its subsidiary GLS.

Embassy REIT slumps 5% after Rs 7,148-cr block deal, Blackstone likely seller on December 20, 2023 at 4:14 am

Moneycontrol had reported citing sources that PE firm Blackstone was planning for a mega exit from Embassy REIT by planning to offload its entire stake in a block deal.

Gap between credit and deposit growth set to narrow on December 20, 2023 at 5:09 am

Robust credit growth witnessed in the recent past should drive deposits forward but for now the slowdown in loans could narrow the gap between credit and deposit expansion