Motilal Oswal Financial

Upsides from current levels may be capped due to higher valuations

The current account deficit may have widened to 3.4% of the gross domestic product in the first quarter against a surplus of 0.9% a year ago

Simpolo group said that it would aim to use the funds to increase the market share and grow penetration in the market, both domestic and international

Studying the results of corporates tracked by it, Motilal Oswal said that BFSI sector has driven 124% of the incremental year-on-year (YoY) earnings growth during the 1QFY23 which was largely subdued

'Now valuations have become more reasonable and trade at long-term averages. More importantly, there are palpable signs of peak inflation behind us'

Angel Broking, IIFL Securities, Aditya Birla Money, Geojit Financial, Edelweiss Financial, Motilal Oswal Financial and ICICI Securities gained between 4% and 15% on the BSE

Motilal Oswal Financial Services has projected real GDP growth of 8.7 per cent in FY22, down from 11.1 per cent it had forecast earlier

MCX is considering interim measures to handle negative pricing on Nymex and the impact on its platform

Exchange says cannot ascertain the date by which this would be achieved at this point in time

Strategy reports advocate need for caution amid volatility, with likelihood of more declines before a sustained rise signals end of bear market

Almost 61 per cent of the revenue came from linear sources like asset and wealth management and housing finance during the second quarter of FY 2017-18

Emkay Global, Motilal Oswal Financial, JM Financial, Religare Enterprises and Edelweiss were up over 5% each.