Merger-bound Shriram Fin to emerge as second largest retail NBFC: KIE

Merger-bound Shriram Fin to emerge as second largest retail NBFC: KIE

New Delhi: Kotak Institutional Equities (KIE) remains positive on Shriram Transport Finance Company Limited (STFCL), which now will be known as Shriram Finance Limited (SFL). The company, in its regulatory filing with exchanges on Thursday, said it has changed its name to Limited from Limited from November 30. In its report, Kotak Institutional Equities said … Read more

Any rally without net FPI inflows unlikely to sustain

Any rally without net FPI inflows unlikely to sustain

Technical and derivative analysts expect the Nifty to rise further in the coming week, up to 16,000 levels. The Nifty gained 2.7% last week to 15,699.25, outperforming most of the Asian peers. SUDEEP SHAH HEAD, TECHNICAL & DERIVATIVES RESEARCH, SECURITIES What should investors/traders do? Investors should look to buy the dips until 15,450 levels are … Read more