 |
|
|
|||||
The Reserve Bank of India has lifted all restrictions on banks opening and maintaining cash credit accounts, offering greater flexibility for short-term working capital loans. Additionally, the central bank eased norms for current and overdraft accounts, allowing banks to maintain them without restriction for customers with exposures under 100 million rupees.
Category:
News and Media
Indias stock market created a record Rs 148 lakh crore in wealth between 2020 and 2025, with the top 100 wealth creators delivering 38% CAGRits strongest cycle ever, according to Motilal Oswal. Bharti Airtel, ICICI Bank, BSE, and HAL topped categories across the biggest, fastest, and most consistent performers during this structural rally.
Category:
News and Media
Bank of America Securities upgraded Swiggy to buy, citing its stronger balance sheet after a major fundraise, rising cash generation in food delivery, and potential valuation rerating as quick-commerce consolidation accelerates and losses narrow amid improving margins.
Category:
News and Media
The Indian rupee hit an all-time low of 90.48 against the US dollar following reports that a trade deal between India and the US is likely by March 2026. Forex traders cited the Chief Economic Advisor's statement and prevailing risk-averse market sentiment, coupled with strong dollar demand, as key factors for the decline.
Category:
News and Media
Markets staged a strong recovery on Thursday, led by banking stocks, as the Nifty rebounded from intraday lows. Analysts noted a positive technical setup at a crucial support zone, with potential for further upside if the rebound sustains above 25,850. Eicher Motors and Glenmark Pharma were highlighted as potential stock ideas.
Category:
News and Media