EOD update 05-06-2019

Foreign Investors Buy Equities Worth Over Rs 85,000 Crore Since May 20

On May 20, just after the exit polls were announced, FIIs’s gross purchases were Rs 7,521.24 crore

ED confronts Robert Vadra with voluminous statements, documents in money laundering case

FinTech adoption rate has grown to 64% globally: EY Survey

NCLT allows HDIL 4 weeks to pay Rs 98 cr to Bank of India

RBI May Lower Key Interest Rates By 35 Basis Points: Report

The MPC had started meeting for three days beginning June 3 to firm up the second bi-monthly monetary policy of the fiscal year

Fed’s Powell commits to ‘act as appropriate’ to defend US economy

World Bank Retains India’s Growth Rate For Financial Year 2019-20At 7.5%

The Bank in its Global Economic Prospects released on Tuesday said that India is estimated to have grown 7.2 per cent in fiscal year 2018/19, which ended March 31.

Crisil downgrades DHFL’s CP rating to ‘default’ grade as firm fails to pay interest on bonds

Housing Sales Up 3% In March Quarter: Report

Mumbai, Chennai, Bangalore and Delhi-NCR were the dominant markets, with a share of almost 70-75 per cent in both new launches and sales

Market ‘pain threshold’ looms on $300 billion more China tariffs

Monsoon Rains To Arrive On Southern Coast Around June 8: Weather Office

Monsoon rains usually arrive on the southern tip of Kerala state around June 1 and retreat from Rajasthan by September

FDI limit in defence sector should be raised to 51%: Study

Crisil, ICRA Give Lowest Rating To DHFL’s Commercial Paper

This was Crisil’s fifth rating cut on the company’s paper this year and ICRA’s fourth, highlighting the problems in shadow banking sector

Vikesh Kumaar Kataria

Experienced Founder of Brokers Bazaar with a demonstrated history of working in Skilled in RMS from various big corporate giants, Analytical Skills, Banking, Entrepreneurship, Digitalisation and Equities with Strong entrepreneurship professionalism. Experienced Co-Founder with a demonstrated history of working in the logistics and supply chain industry.

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