D-Street buzz about DMA spooks broking firms, stocks tank up to 8% Under the DMA, investors will be able to trade directly from the exchange instead of going through stockbrokers. This may result in a drop of brokerage revenue.
ICICI Bank Q1 preview: Profit may jump 60% on stake sales; eyes on corporate NPAs Analysts said the private lender might utilise the funds in creating additional Covid-19-led provisioning. Accounting for that, they see a 55-60 per cent surge in profit for ICICI Bank on a 15-17 per cent rise in NII.
Power demand to decline 8% in FY21, discoms' revenue to fall 13.1%: Report Power demand is expected to decline by around 8 per cent in current fiscal due to the steep fall in demand from commercial and industrial segments on the back of COVID-19 pandemic-induced nationwide lockdown, Emkay Global Financial Services said in a report.