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FM Sitharaman pushes equity support to oil firms to next fiscal year

Finance Minister Sitharaman has deferred the Rs 15,000 crore equity infusion for fuel retailers to support energy transition projects. The budget documents did not provide any funds either in the current fiscal or the next for filling of the strategic reserves. ....

India General , Andhra Pradesh , New Delhi , Nirmala Sitharaman , Indian Oil Corporation , Bharat Petroleum Corporation Ltd , Natural Gas Corporation , India Ltd , Hindustan Petroleum Corporation Ltd , Finance Minister Nirmala Sitharaman , Lok Sabha , Secretarytv Somanathan , Budget 2024 , Oil And Natural Gas Corporation , Gail India Ltd ,

Hot Stocks: Brokerage firms on HDFC Bank, Dalmia Bharat, SBI Life and IOC

Macquarie maintained outperform rating on HDFC Bank with target price of Rs 2075. The bank is consolidating, focusing on NIMs. Deposit growth must exceed loan growth by 400bps over next 3 years for pre-merger NIMs. CLSA raised target price for SBI Life to Rs 1730, it has limited impact of surrender value regulations. SBI s wide presence gives it an advantage. CLSA upgraded Dalmia Bharat to buy with target price of Rs 2700. Q3 Ebitda in line with estimates. Nomura maintained neutral rating on IOC with target price of Rs 105, Q3 results above estimates. ....

Dalmia Bharat , Brokerage Nomura , Hdfc Bank , Sbi Life , Stock Market ,

4 stocks saw a high increase in futures open interest

A significant uptick in futures open interest signifies a substantial growth in the number of active, unexpired futures contracts in a specific security. ....

National Aluminium Company , Icici Bank , Axis Bank ,