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Bajaj Electricals revenue from operations was down 6.2 per cent to Rs 1,228.24 crore during the quarter under review. It was at Rs 1,309.48 crore in the corresponding quarter a year ago. ....
Nifty ended with weekly gains of 2.3% led by IT stocks. PSU Banks outperformed other sectors. Markets will reopen after a holiday week and react to major domestic and global events. RBI will announce monetary policy decisions. US markets closed with strong gains, influencing Indian markets. Several companies will announce Q3FY2024 earnings. Rupee remained flat against the dollar. Corporate actions include ex-dates and record dates for interim dividends. Technical factors and FII/DII action will also impact the market. ....
Budget 2024: FM announced the revised estimate of the fiscal deficit for FY2024 at 5.8 per cent of GDP. She added that the fiscal deficit in 2024-25 is estimated to be 5.1 per cent of GDP, adhering to the government’s path of fiscal consolidation to reduce fiscal deficit below 4.5 per cent by 2025-26. ....