[22/03 Market Update] HDFC Life (+3%) & Bajaj Finance (+2%) rose for 2nd day straight after a positive view by Jefferies
[22/03 Market Update] HDFC Life (+3%) & Bajaj Finance (+2%) rose for 2nd day straight after a positive view by Jefferies
Tribe Daily
Market Summary
Market ends with minor gains after a range-bound session ahead of the Fed meet
Companies
HDFC Life (+3%) & Bajaj Finance (+2%) rose for 2nd day straight after a positive view by Jefferies.
Sectors
Nifty PSU Bank(+1%) up after a Wall Street rally led by the banks most beaten down by the industry's crisis as investors prepared for the Federal Reserve’s much-anticipated interest-rate decision. Nifty Pharma (+1%) up due to the strong performance of ALKEM, AUROPHARMA, & LUPIN. Nifty PSE (-1%) fell due to the weak performance of SAIL, BHEL & BPCL.
Market News
1.International Finance Corp to buy 5.6% stake in JK Tyre for $30 million. (Economic Times)
2.Anupam Rasayan to set up three new plants in Gujarat with Rs 670 crore investment (CNBCTV18)
3.NBCC bags order worth Rs 350 crore. (Business Standard)
4.KEC International wins new orders worth ₹1,123 crore (Live Mint)
5.Gensol Engineering to acquire Scorpius Trackers for ₹135 crore (CNBCTV18)
Expert of The Day
Latest on our Social:
Follow our Socials
Looking for fantastic content on the stock market, trading and investing?