Union Budget 2023 is just over a week away, and since this is the last full-year Budget before General Elections in 2024, it is expected to be a growth-oriented one with a primary focus on job creation, investment-driven growth, and infrastructure development. According to analysts at IIFL Securities, Finance Minister Sitharaman may announce more subsidies to customers to boost EV production which...

Indian equity markets are likely to open in the red as trends in the SGX Nifty indicated at a negative opening for benchmark indices in India with a loss of 85 points. In the previous session, the BSE Sensex fell 652 points to 59,646, while the NSE Nifty 50 slipped 198 points to 17,758 and formed a bearish Engulfing pattern on the daily charts. “17,300-17,600 zone would provide a cushion in ...

Here is the list of top 10 stocks that will be in focus todayTata Motors: Tata Motors on Wednesday reported a consolidated net loss of Rs4,951 crore in the June quarter as chip shortage and COVID-19 lockdown in China impacted Jaguar Land Rover sales. The company had posted a consolidated net loss of Rs4,450 crore in the same quarter last fiscal. Consolidated revenue from operations during the peri...

ITC shares have jumped around 23% so far this year compared to over 10?ll seen in benchmark NSE Nifty 50, and the positive momentum is likely to continue in the near-term, according to analysts. ITC’s performance in FY22 has been robust on all fronts including strong recoveries across cigarettes and hotels, over 110 new products launched in FMCG and margin maintained, said IIFL Securities. “Ta...

IIFL Finance is planning to raise debt capital worth Rs 5,000 crore by issuing bonds on a private placement basis, the company said on Thursday. The bonds will be offered through public issue, subject to regulatory and statutory approvals, IIFL Finance said in a regulatory filing.“The board of directors of the company at their meeting held today, June 23, 2022, approved the raising of funds by w...