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Jun 8 7 tweets 12 min read Twitter logo Read on Twitter
#RBIPolicy | @RBI’s Monetary policy Committee decides to maintain status quo, policy rate (Repo Rate) is unchanged at 6.50% Image
@RBI @ShereenBhan @latha_venkatesh @_ritusingh @nimeshscnbc @_prashantnair #RBIPolicy | Policy stance is maintained at Withdrawal of Accommodation with MPC voting in favour of this in the ratio of 5:1 Image
@RBI @ShereenBhan @latha_venkatesh @_ritusingh @nimeshscnbc @_prashantnair #RBIPolicy | GDP growth estimate for FY24 is maintained at 6.50% Image
@RBI @ShereenBhan @latha_venkatesh @_ritusingh @nimeshscnbc @_prashantnair #RBIPolicy | #GDP growth estimates for Q1 and Q2 are increased while for Q3 & Q4, estimates are are reduced. Overall for FY24, growth estimate is maintained at 6.50% Image
@RBI @ShereenBhan @latha_venkatesh @_ritusingh @nimeshscnbc @_prashantnair #RBIPolicy | RBI expects #CPI #inflation for FY24 to remain above 5%, estimate is now at 5.1% against 5.2% earlier Image
@RBI @ShereenBhan @latha_venkatesh @_ritusingh @nimeshscnbc @_prashantnair #RBIPolicy | RBI lowers #CPI #inflation forecast for Q1 and Q2 while for Q3 and Q4 estimates are maintained. Overall for FY24, inflation is now seen at 5.1% Image

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More from @CNBCTV18Live

Jun 8
#RBIPolicy | Indian economy & financial sector stand out as strong & resilient, and domestic macro-economic fundamentals are strengthening. Rural demand is on a revival path: @DasShaktikanta Image
#RBIPolicy | See easing of inflation observed across all headline inflation categories, forecast of normal monsoon augurs well for Kharif crop: RBI Governor @DasShaktikanta says Image
#RBIPolicy | Goal is to reach the targeted 4% inflation going forward, our monetary policy actions are yielding desired results giving us space to keep rates unchanged in this meeting: RBI Governor @DasShaktikanta says Image
Read 7 tweets
Jun 8
#RBIPolicy | @RBI keeps Repo Rate unchanged at 6.50%: @DasShaktikanta says Image
#RBIPolicy | @RBI keeps MSF Rate unchanged at 6.75%: @DasShaktikanta says Image
#RBIPolicy | @RBI keeps Bank Rate unchanged at 6.75%: @DasShaktikanta Image
Read 5 tweets
Jun 8
#CNBCTV18Market | Co targets 300 bps EBITDA margin expansion for PV business, see the quantum of PLI scheme tailwinds to EV profitability: GS on Tata Motors Image
#CNBCTV18Market | UBS gives sell rating on Tata Motors, co aims for near zero net debt in India ops by FY25 despite ₹8,000 cr capex in FY24 Image
#CNBCTV18Market | CV segment growth should moderate in FY24, co stands to benefit from Tata Group’s foray into cell manufacturing: JPMorgan on Tata Motors Image
Read 4 tweets
Jun 7
#MarketAtClose | Market gains for 4th straight session, Sensex & Nifty at 6-mth closing highs

Midcaps continue to outperform benchmarks, Nifty Midcap at record high

Financials relatively underperform as ICICI & Kotak Bank drag Nifty Bank Image
#MarketAtClose | Sensex rises 350 points to 63,143 & Nifty 127 points to 18,726

Nifty Bank gains 111 points to 44,275 & Midcap index 354 points to 34,390
#MarketAtClose | 3 of top 5 Nifty gainers are FMCG stocks (Britannia, Nestle, Tata Cons)

Improved rural demand lifts FMCG stocks, Nifty FMCG at a record high

Metal stocks surge in last hour, JSW, Tata Steel & Hindalco up 2% each Image
Read 6 tweets
Jun 6
#MarketAtClose | Market recovers in last hour of trade led by auto stocks

Market ends in the green for the 3rd straight day, Sensex up 0.1% & Nifty up 0.3%

Sensex up 5 points to 62,793 & Nifty up 5 points to 18,599 Image
#MarketAtClose | Nifty Bank up 63 points to 44,165 & Midcap index up 21 points to 34,036

Midcap index ends in green for the 12th consecutive session

IT stocks slump after global IT major EPAM cuts rev guidance, Infosys down nearly 2%
#MarketAtClose | Auto stocks extend gains, Tata Motors up 1.6%, Maruti up nearly 2%

Cement stocks end higher, Nifty Infra hits record high, Ultratech Cem up 2.9%

JK Cement rises 0.5% after co acquires Toshali Cements Image
Read 6 tweets
Jun 6
#CNBCTV18Market | Nomura downgrades BHEL to reduce, cuts EBITDA est by 13%/4% for FY24/25 to factor in delayed order inflow & weak margin Image
#CNBCTV18Market | Assessing JLR EV roadmap heading into 2023 Investor day on June 12, JLR's long-term DCF indicates a valuation of $7 bn within co’s current market cap of $24 bn: GS On Tata Motors Image
#CNBCTV18Market | MS gives an overweight rating on Delhivery, reiterates good long-term growth prospects along with key competitive moats Image
Read 5 tweets

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