Equity MRK
Wednesday, August 04, 2021 3:12:00 PM  
Asian Paints  3019.55    (-0.26%)
 
Axis Bank  755.05    (2.24%)
 
Bajaj Auto  3828.80    (0.02%)
 
Bajaj Finance  6364.40    (0.57%)
 
Bajaj Finserv  14191.85    (-0.63%)
 
Bharti Airtel  573.80    (-1.10%)
 
Dr Reddy's Lab...  4765.05    (0.93%)
 
H D F C  2675.25    (4.75%)
 
HCL Technologi...  1041.75    (0.23%)
 
HDFC Bank  1464.15    (2.07%)
 
Hind. Unilever  2376.45    (-0.45%)
 
ICICI Bank  714.90    (3.60%)
 
IndusInd Bank  1021.10    (-0.03%)
 
Infosys  1651.05    (-0.18%)
 
ITC  208.55    (-0.60%)
 
Kotak Mah. Ban...  1750.00    (3.75%)
 
Larsen & Toubr...  1624.05    (-0.56%)
 
M & M  765.75    (-0.61%)
 
Maruti Suzuki  7100.55    (-1.33%)
 
Nestle India  18077.00    (-1.15%)
 
NTPC  117.95    (0.30%)
 
Power Grid Cor...  175.05    (0.34%)
 
Reliance Indus...  2103.35    (0.79%)
 
St Bk of India  458.35    (2.67%)
 
Sun Pharma.Ind...  784.80    (-1.26%)
 
Tata Steel  1416.45    (0.66%)
 
TCS  3272.90    (-0.34%)
 
Tech Mahindra  1216.30    (-0.80%)
 
Titan Company  1799.95    (-2.13%)
 
UltraTech Cem.  7750.95    (-1.24%)
 
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ADB Upgrades India's FY22 Growth Estimate From 7% To 7.5%
(13:16, 20 Jul 2021)
Asian Development Bank (ADB) stated in a latest update that India's GDP growth recovered to 1.6% in Q4 of fiscal year 2020 (FY2020, ended 31 March 2021), narrowing contraction in the whole fiscal year from 8.0% estimated in April to a revised 7.3%. Then a second wave of the pandemic induced many state governments to impose strict containment measures. New COVID-19 cases daily peaked at more than 400,000 in early May, then fell to a little over 40,000 in early July. Early indicators show economic activity resuming quickly after containment measures eased. The growth projection for FY2021, downgraded from 11.0% in ADO 2021 to 10.0%, reflects large base effects. The projection for FY2022, by which time much of India's population is expected to be vaccinated, is upgraded from 7.0% to 7.5% as economic activity normalizes.

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