Business Assessment Index recovers from lows: RBI Data
Business Assessment Index recovers from lows: RBI Data

Business Assessment Index recovers from lows: RBI Data

Pratik Shastri Article rating: 3.6

Overall, business sentiment in the manufacturing sector, which is reflected by the business assessment index (BAI), surged from a record low at 55.3 in Q1 to 96.2 in Q2, (but still remains in the contraction zone).

GNFC features as Bollinger Band Squeeze pick
GNFC features as Bollinger Band Squeeze pick

GNFC features as Bollinger Band Squeeze pick

Vinayak Gangule Article rating: 4.2

The stock of Gujarat Narmada Valley Fertilisers & Chemicals Limited has been picked up by our Bollinger Band Squeeze scanner, which suggests that the stock is near a consolidation breakout.

HFCs react positively to lowering of risk weights on home loans
HFCs react positively to lowering of risk weights on home loans

HFCs react positively to lowering of risk weights on home loans

Pratik Shastri Article rating: 3.0

As per the announcement, all individual housing loans shall have a risk weight of 35 per cent, if their loan-to-value ratio is at 80 per cent or lower. The term, loan-to-value ratio, means the percentage of the amount financed when compared to the value of the property.

Infibeam Avenues inks definitive agreement with second largest bank of Oman
Infibeam Avenues inks definitive agreement with second largest bank of Oman

Infibeam Avenues inks definitive agreement with second largest bank of Oman

DSIJ Intelligence Article rating: 3.9

Infibeam Avenues share price added 3 per cent during the early trading session on Friday after the company entered into a definitive agreement with Oman's second-largest bank i.e. Bank Dhofar to offer its acquiring processor services to the bank.

GOCL shares jump 5 per cent on recent order win of Rs 187 crore
GOCL shares jump 5 per cent on recent order win of Rs 187 crore

GOCL shares jump 5 per cent on recent order win of Rs 187 crore

DSIJ Intelligence Article rating: 5.0

The share price of GOCL Corporation surged up to 5 per cent on Friday after its wholly-owned subsidiary, IDL Explosives, won an order to supply explosives and accessories worth Rs 186.8 crore from Singareni Collieries.

RBI keeps repo rate untouched at 4 per cent
RBI keeps repo rate untouched at 4 per cent

RBI keeps repo rate untouched at 4 per cent

Nidhi Jani Article rating: 5.0

On the economic growth front, RBI said that the real gross domestic product (GDP) growth in 2020-21 is expected to be negative at (-) 9.5 per cent, with risks tilted to the downside: (-) 9.8 per cent in Q2FY21; (-) 5.6 per cent in Q3; and 0.5 per cent in Q4.

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