CPI inflation is seen at 5.3% for this fiscal. In Q2, it is seen at 5.1%, 4.5% in Q3 and 5.8% in Q4, with risks broadly balanced.
Market experts have expressed the hope that in the festive season, given the ease in restrictions spending will increase further.
Milan Vaishnav of Gemstone Equity Research and Advisory is bullish on ICICI Bank with a target price Rs 735.
We cannot have our GDP growing at a steady 7-8% pace and the banking sector not participating.
SBI Savings Plus account is a unique savings account that can help you to earn higher interest on your savings account balance.
The report said in July credit card spends have gone up 19% (month-on-month) to Rs 74,900 crore, which is the highest in two years.
The forthcoming festive season will lend further support to the picked-up momentum in the spends and new customers sourcing.
SBI has created 'Wecare' scheme in the retail segment in which people above 60 get an additional interest of 30 basis points on FDs of 5 yrs or more.
Equirus is positive on Oberoi Realty considering a strong pipeline in the high-growth Mumbai Metropolitan Region (MMR)
Axis Securities highlighted that even in the mid and smallcap space, quality stocks have outperformed the non-quality stocks by a significant margin.