Sequentially higher commodity costs to impact margins of some companies
We have advanced the release of our commodities note update (usually released at the end of the..
Second wave of COVID-19 hits hard
2Ws worst hit; Strong order book supports PVs, but new bookings decline
* Regional lockdowns (in nine states) and the uncertaintie..
Average daily flier plunges to 82k
Weekly average daily fliers came in at 82k (excluding the data for 3rd & 4th May due to unavailability) in the week ended (W.E) ..
Spot LNG rebounds as Asia & Europe compete for supplies
JKM spot LNG prices, which fell from record highs in Jan’21 to US$5.6/mmbtu in Mar’21, have reb..
The Reserve Bank of India, in response to covid second wave, announced a series of measures to ensure adequate liquidity mostly targeting the vulnerable segments such as ..
Wholesales down as lockdowns impact sentiment
Two-wheeler (2W): Premium motorcycles, scooters grow ahead of entry segment
* Hero MotoCorp (Hero) has reported sales ..
Steel mills hike prices by INR4,000-4,500/t in May’21
Domestic prices still at a discount of ~INR8,000/t to imports
* Price hikes continue in May’21: D..
In Q4FY21, Reliance Jio Infocomm (RJio) had multiple misses on the revenue front: 1) underlying revenue growth was just 1.7% QoQ, slowest since commercial launch; 2) adju..
Retail demand slows down amidst covid resurgence
In continuation to our monthly series, we are monitoring mobility and retail demand trends as we believe both these da..
Q4FY21 saw residential sales volumes across India’s Tier 1 residential cities rising 9% YoY and 32% QoQ. Accordingly, all listed developers are expected to report s..
In Q3FY21, consumer spend on mobile services (post GST) rose 4.6% QoQ / 20.9% YoY to Rs390bn on benefit of price hike and 4G penetration. Postpaid net revenue dipped 8.1%..
Rupee strengthens against US dollar on Tuesday
Rupee falls 10 paise to 73.94 against US dollar in early trade
NCLT approves sale of IL&FS education arm to LEHL
Rate decision, US stimulus likely constraints to rupee's further appreciation
Rupee slips on RBI's dovish stance, 'loose' policy
Nifty at 15800 but midcap index at crucial juncture now By by Sameet Chavan, Angel Broking
GST cuts for several Covid-relief items; no change in vax tax
India cuts taxes on some COVID-19 medicines and equipment
Oil PSUs to support various Art & Handicraft projects
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