Mon, Nov 20, 2023 5:40 PM
Nifty Bank closes below 50-DMA; here are key levels to track on Tuesday
A Flip by Avya Verma
INOX India and Stanley Lifestyles have received approval from the capital markets regulator Securities and Exchange Board of India (SEBI), to launch their initial public offerings (IPOs). Cryogenic equipment and tanks manufacturer INOX India received an observation letter from the SEBI on November 29.
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Indian banks are yet to fully pass on the central bank's policy rate increases to customers, a Moneycontrol analysis showed. The lack of monetary transmission in the system has long been a concern for the Indian central bank and has limited the impact of policy actions. As per the Reserve Bank of India (RBI), the weighted average domestic term deposit rate of banks increased by 233 basis points.
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Indian data centre market has witnessed investment commitments worth $21.4 billion during the first six months of this year, showing the high interest of investors in this growing sector, according to CBRE. Real estate consultant CBRE has released a report 'From Bytes to Business: India Data Centre Market Powering Progress in 2023'.
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