SBI's total exposure to Adani Group at Rs 27,000 crore; none against shares: Chairman Dinesh Khara

Speaking to reporters after the announcement of results, SBI Chairman Dinesh Khara clarified that the non-fund exposure is limited to letters of credit and performance bank guarantees, and is not related to any equity raising or acquisition activities of the Gautam Adani-led group

Sensex, Nifty to resume trading on Friday amid local, global triggers – here are 10 things to watch out for

Domestic equity markets will resume trading on Friday taking cues from Wall Street closing on Thursday; Q3 results, rupee movement against dollar and development around Budget 2023 may also play a decisive role in the way frontline indices trade

BofA names cheap stocks with strong earnings momentum

Bank of America says investors face a “huge risk” of being too defensive at the trough of a cycle and advises reducing the size of such positions. The bank noted that stocks with “expensive negative momentum” — which it dubbed “the defenders” — outperformed in November on the back of a less aggressive U.S. Federal … Read more

India Strategy & Q2 FY23 Results Review

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.  Prabhudas Lilladher Report Nifty moved up by ~20% to 18250 post our anti … Read more

SBI, Power Grid Corp, Bank of Baroda, Indian Overseas Bank Q2 Results Today — Earning Estimates

As the earnings season progresses, several companies are going to announce their financial performance on Saturday.The major companies that will declare their earnings for the quarter ended September include State Bank of India, Power Grid Corp. of India Ltd., Bank of Baroda, Indian Overseas Bank, Punjab and Sind Bank, Rossari Biotech Ltd., EPL Ltd., JBM … Read more

SBI slashes FY23 growth forecast from 7.5% to to 6.8% on way-below Q1 GDP numbers understands that your privacy is important to you and we are committed for being transparent about the technologies we use.  This cookie policy explains how and why cookies and other similar technologies may be stored on and accessed from your device when you use or visit websites that posts a link to this … Read more

Sovereign Gold Bond Scheme: 2nd series to open tomorrow; price, discount, minimum and maximum limit- All you need to know

Second Sovereign Gold Bond Scheme: The interesting aspect of the scheme is that if an investor will apply and pay for Second Sovereign Gold Bond online, then the Reserve Bank of India (RBI) will offer a discount of Rs 50 per gram.