#CNBCTV18Market | Credit Suisse on RBI Policy: As expected, MPC kept rates unchanged, tweaked growth/ inflation forecasts a bit. While stance remains 'accommodative', bulk of overnight surpluses has shifted to VRRR
#CNBCTV18Market | Citi maintains its view of limited upside, December 2022 Nifty target at 17,500. Says, post the big upgrade cycle in Q3/Q4, consensus estimates have been unchanged
#CNBCTV18Market | Citi on RBI Policy: It strongly reiterated its growth bias in policy as the omicron variant poses risks. Have pushed Normalisation’ trajectory further out into 2022
#CNBCTV18Market | Macquarie gives Underperform call on Paytm. It’s a big risk for Fintech cos, where charges on PPI & wallets are likely to reduce, says Macquarie
#CNBCTV18Market | The 2-wheeler market is seeing the first signs of EV adoption. Expansion in portfolio & capacity key for incumbents to remain ahead of the curve says, Jefferies
#CNBCTV18Market | HSBC on RBI Policy: Some latent monetary policy normalisation may continue. Expect 40 bps in reverse repo rate hikes over two meetings. Growth recovery has gotten stronger & core inflation will remain elevated
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Official Sources @PTI: Army helicopter carrying Senior Defence officials crashes at Coonoor in Nilgiris district in Tamil Nadu
From @ANI | Chief of Defence Staff Bipin Rawat was on board the chopper that crashed in Coonoor. Search and rescue operations launched from nearby bases
.@IAF_MCC says | | An IAF Mi-17V5 helicopter, with CDS Gen Bipin Rawat on board, met with an accident today near Coonoor, Tamil Nadu. An Inquiry has been ordered to ascertain the cause of the accident
#CNBCTV18Market | JPMorgan on steel: There are signs of policy easing in China. Exports could further reduce driving regional HRC prices higher
#CNBCTV18Market | Morgan Stanley on Life Insurance: SBI Life continued to gain market share & is our top pick. ICICI Pru's growth for the month was relatively muted
#CNBCTV18Market | Credit Suisse maintains outperform on IndiGo, says continued strong yields & traffic may turn quarter profitable