21 Jul 2018 | 11:03 PM
Research Report

Equity Research Report: Religare Morning Digest

Market Outlook for the day — We expect this profit taking phase to extend further in the coming days and Nifty would test crucial support zone of 8600-8650 shortly.
04 Feb 2015 | 07:00 AM

Corporate News

In Monetary Policy review, the Reserve Bank of India kept the repo rate (the interest rate at which it lends short-term funds to banks) unchanged at 7.75 per cent. To encourage banks to lend more, the central bank reduced the statutory liquidity ratio (SLR) of scheduled commercial banks by 50 basis points from 22.0 per cent to 21.5 per cent of their deposits with effect from the fortnight beginning February 7, 2015.

Lupin reported a 26.32 per cent increase in its consolidated net profit at Rs. 601.45 crore for the quarter ended December 2014 on account of robust sales and improved operational efficiencies.