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11. India elected to UN Statistical Commission for four-year period ahead of China.
#icicidirect #Directupdates
10. World Bank cuts India's GDP growth forecast from 6.6% to 6.3%; says India is one of the fastest-growing economies.
11. MSME sectorโs EBITDA margin to cross pre-pandemic levels this fiscal; revenue to grow 1.36x: Crisil
#icicidirect #Directupdates
11. Chalet Hotels acquires 100% of Sonmil Industries for 75 cr and Dukes Retreat, Khanala For 82 cr.
12. Sportskeeda, a subsidiary of listed Nazara Tech has acquired 73.3% of US NFL play Pro Football Network LLC for $1.8 M.
#icicidirect #Directupdates
6. Dr Reddyโs: Company inks agreement with Coya Therapeutics for neurodegenerative diseases treatment ๐ง (Positive)
7. Coal India : Company has strong case to increase prices ๐, talks on: CMD Agrawal (Positive)
#icicidirect #Directupdates
9. GMR Group seeks to refinance โน4,000 crore Goa, Hyderabad airport debt. Expects a better interest rate as these assets are now operational. Positive.
10. Patel Engineering declared L1 for Two Micro Irrigation Projects worth Rs. 1,265 Cr (Positive)
#Directupdates
#FIIs have offloaded over Rs 13,000 crore of Indian holding in first 7 sessions of 2023. FII ownership in Nifty 500 falls ~17.5%, which is a 15 year low.
#Directupdates #icicidirect

10 Curated morning insights
1. FIIs have offloaded over Rs 13,000 crore of Indian holding in first 7 sessions of 2023. FII ownership in Nifty 500 falls ~17.5%, which is a 15 year low.
#Directupdates #icicidirect

Quote of the day: "The most important quality for a trader or an investor is emotional detachment."
~ Jesse Livermore
+ Key #Directupdates today - Faster construction of high rises is the future. AAC blocks, pre-fabricated steel structures, glass processing โ

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