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Gold headed for weekly gains on revived hopes of Fed rate cuts
Spot gold was flat at $2,715.21 per ounce as of 0047 GMT, hovering near a more than one-month peak hit on Thursday. Bullion has gained
HDFC Life surges on brokerage signals
Nomura upgraded its rating on the stock from ‘Neutral’ to ‘Buy’. The brokerage said that the impact of surrender value, higher valuations and the slowdown
Muted growth, higher slippages & credit costs weigh on Axis Bank
Axis Bank on Thursday reported a tepid rise in its December quarter profits on the back of weak business growth, increased slippages and higher credit
RBI injects ₹40,000 cr into banking system via 2 auctions
The Reserve Bank of India injected over ₹40,000 crore into the banking system through two operations, addressing a liquidity deficit that breached ₹2 lakh crore.
Reliance net profit jumps 11.9% in December quarter, beating estimates
Revenue from operations increased 7% to ₹2.43 lakh crore from ₹2.27 lakh crore in the year earlier. Consolidated ebitda increased by 7.8% to ₹48,003 crore.
Adani m-cap still 34% below Jan ’23, but financials healthier
Out of the 11 Adani stocks listed then, seven are yet to recover to the pre-Hindenburg levels though the Nifty index has rallied 29% since