Muthoot Fincorp Limited NCD Company Profile: Muthoot Fincorp Limited (“MFL”) is a non-deposit-taking, systemically important NBFC registered with the RBI. The company primarily offers personal and business loans secured by gold ornaments and jewelry. As of September 30, 2023, the company had ~31.68 lakhs of loan accounts in…
View on market: Volatility Prevails, Market is searching for better value While traders anticipate the release of US CPI data for March, the majority of equities in the Asia-Pacific region saw a decline. The inflation report will provide new insights into the Federal Reserve's future outlook for interest…
Nifty opened at 22765.10, a gap up of 98 points from Monday's close and made fresh high of 22,768.40. However, the rally didn’t sustain and it closed down marginally lower at 22642.75 down 23.55 points. The index gave up all early gains due to losses in heavy-weight stocks…
Nifty opened at 22578.35, a gap up from Friday's close and made fresh high of 22,697.30 and closed up by 0.68% at 22666.30 up 152.60 points. The rally was supported by positive cues from international markets, rise in large-cap auto stocks and few index heavyweights like Reliance Industries.…
View on market: Volatility Prevails, Market is searching for better value While market players wait for the CPI report to receive new signals regarding the Federal Reserve's rate outlook, markets in the Asia-Pacific area increased despite an increase in U.S. Treasury yields. As of 06:26 a.m., the S&P…
View on market: Volatility Prevails, Market is searching for better value Early trading on Monday saw gains in Asia-Pacific stocks as Wall Street posted a good weekly closing and the jobs report showed a robust U.S. economy. At 6:20 am, the NIKKEI was trading 1.18% higher at 39,450,…
Nifty opened at 22486.40, marginally down from Thursday's close and made intraday high of 22,537.60 and closed flat at 22513.70 down 27.30 points. Banking and realty stocks witnessed buying interest. However, IT and auto stocks faced selling pressure. Heavy-weights like HDFC Bank, Kotak Mahindra Bank, ITC, ICICI Bank…
View on market: Volatility Prevails, Market is searching for better value The Asia-Pacific region's indexes were trading lower, after Wall Street's overnight losses due to the uncertainty surrounding rate cuts and the strong increase in crude oil prices. At 06:24 a.m., the Nikkei 225 was down 699.03 points,…
BLS International Services Limited (BLSIL) is an India-based company, which offers tech-enabled, visa, consular and citizen services to states and provincial governments of Asia, Africa, Europe, South America, North America, and Middle East. The company ranks under top 2 player in visa outsourcing services and has a presence…
Edelweiss Financial Services Limited NCD Company Profile: Edelweiss Financial Services Limited is one of India’s leading financial services conglomerates, offering a robust platform to a wide range of client bases across domestic and global geographies. The company’s single-minded focus and continuous is on understanding customers’ needs and offering…