New Delhi has provisioned Rs 33,000 crore for oil subsidy in FY20.
The inflows in the domestic mutual funds had dropped to Rs 4,229 crore in April.
Outperformance of the Bank Nifty over the benchmark Nifty may extend in the near to medium term.
The momentum, however, is expected to slow down in the current fiscal due to falling demand.
The positive edge to profits also underscores sustained domestic demand.
Endurance has won new business to supply front forks and rear shock absorbers to HMSI and Hero MotoCorp.
Option sellers rely on empirical or logical method to calculate probability-adjusted premium.
The weight reduction may lead to fund outflows to the tune of $700 million.
The Royal Enfield volume fell by 14 per cent year-on-year to 1.9 lakh units in the March 2019 quarter.
Last fiscal, L&T delivered on its stated guidance of order inflows and revenue growth.
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