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00:00 Start
00:17 China to bolster economic recovery
01:49 Global Data to watch this week
04:12 Morgan Stanley upgrades India rating
05:35 New CEO of Kotak Mahindra Bank
07:34 Kotak Mahindra Bank Q2 Results
08:35 ICICI Bank Q2 Results
09:37 Finolex Industries Q2 results
10:43 Balkrishna Industries Q2FY24 results
12:25 Believe it or not

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16 thoughts on “Today’s Stock Market News – 23 Oct 2023 | Aaj ki Taaza Khabar | Onlyinvesting.info”
  1. Key Takeaways for quick navigation (AI Generated):

    00:17 China to bolster economic recovery

    – China's efforts to speed up its economic recovery.

    – The head of the Central Bank's report on guiding financial institutions to cut lending rates.

    – China's economy performing better than expected in the third quarter.

    01:49 Global Data to watch this week

    – Upcoming PMI numbers for Japan and the US.

    – Japan's PMI numbers indicating a contraction in manufacturing activity.

    – US PMI numbers for September showing a slight improvement.

    04:12 Morgan Stanley upgrades India rating

    – Morgan Stanley's upgrade of India's status due to macro stability and manufacturing momentum.

    – India leading the AMS MSCI Emerging Market Index.

    05:35 New CEO of Kotak Mahindra Bank

    – Appointment of Ashok Vaswani as the new CEO.

    – Ashok Vaswani's credible reputation from his previous tenure at Citigroup.

    07:34 Kotak Mahindra Bank Q2 Results

    – Financial performance of the bank.

    – Growth in gross NPA, net NPA, and unsecured retail advances.

    08:35 ICICI Bank Q2 Results

    – Increase in net profit by 36% in Q2.

    – Loan book growth at 18% and total income increasing.

    – Slight decline in asset quality and capital adequacy ratio.

    09:37 Finolex Industries Q2 results

    – Performance of the Indian economy and consumption growth.

    – Economic growth in the pipes and fittings segment.

    – Company's revenue and management commentary on global PVC prices.

    10:43 Balkrishna Industries Q2FY24 results

    – Company's challenges due to heat waves and recessionary fears.

    – Shift in focus to the US market and macro challenges impacting the company's numbers.

    12:25 Believe it or not

    – Discussion on mortgage rates in India and the US.

    – Affordability of houses in the US declining.

    – Central banks in the US not showing signs of rate cuts.

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