Stock to Monitor: Lemon Tree Hotels shares are set to be in focus throughout Monday’s buying and selling session on Dalal Avenue. The hospitality chain has introduced the signing of a brand new property in Vrindavan, Uttar Pradesh.The proposed 120-room property will be managed by Carnation Hotels, a wholly-owned subsidiary of Lemon Tree Hotels.
On Friday, Lemon Tree Hotels shares—traded with the image LEMONTREE on shock exchanges BSE and NSE—ended weaker by Rs 6.9, or 4.8 per cent, at Rs 136.9 apiece on BSE.
ALSO READ: Trent, Lemon Tree Hotels, Dr Reddy’s, Delhivery KSB, Himadri Speciality Chemical, different shares to monitor on Monday
How Dalal Avenue Fared in Final Buying and selling Week
Home fairness benchmark Nifty50 fell 614.9 factors, or 2.6 per cent, to settle at 22,904.5 final week, largely due to a riot throughout shares globally as traders stared at headlines on commerce tariffs after US President Donald Trump introduced steep commerce duties on America’s commerce companions. The Nifty Steel, Oil & Fuel, Realty, Pharma and Shopper Durables indices have been the following, falling 2.5-7.5 per cent for the week.
World commerce war-related jitters stored traders on tenterhooks globally. China hit again laborious in opposition to US President Donald Trump’s April 2 commerce bulletins, asserting a reciprocal obligation of 34 per cent on imports from the world’s largest economic system.
ALSO READ: As bulls bled amid Trump tariff turmoil, these shares rewarded traders generously—See record
Key Occasions to Monitor in Market This Week
Dalal Avenue is set to have an eventful buying and selling week from April 7 to April 11, with all eyes on the MPC’s price choice due at 10 am on Wednesday, April 9. At its final bi-monthly overview, the MPC, headed by the brand new RBI Governor Sanjay Malhotra, introduced a discount in the repo price after 5 years. At present, the repo price stands at 6.25 per cent. All MPC members voted unanimously to slash the important thing coverage price, as broadly anticipated.
Official knowledge on shopper inflation and industrial manufacturing in the nation is due at 4 pm on Friday.
TCS—the nation’s largest software program service exporter—is all set to kick off the earnings season by reporting its This autumn outcomes on April 10.
Institutional fund flows will proceed to be in focus. Overseas institutional traders (FIIs) have web bought Indian shares to the tune of Rs 13,730.5 crore to this point this month, although home institutional traders (DIIs) have made web purchases of Rs 5,632.6 crore, in accordance to provisional change knowledge.
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