As confidence builds around the sustainability of returns and the durability of the transformed franchise,Nirmal Bang believes South Indian Bank is well positioned for a valuation rerating.
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As confidence builds around the sustainability of returns and the durability of the transformed franchise,Nirmal Bang believes South Indian Bank is well positioned for a valuation rerating.
The Central Railway said the landslide occurred between Thakurvadi (TKW) and Monkey Hill Loop Cabin (MHLC) on the Up Main Line of Mumbai Division, in the stretch between Karjat and Lonavala.
Heavy rainfall triggered landslides on the Central Railway's Karjat-Lonavala ghat section, disrupting train services. Maharashtra also witnessed widespread flooding, school closures and a fatal building collapse in Mumbai.
Pune schools remained closed after the IMD issued a red alert for extremely heavy rainfall. Authorities urged residents to avoid unnecessary travel, while NMMC also shut schools amid persistent monsoon rains.
All government, private and municipal schools and colleges across Mumbai to remain closed on Monday, July 6 due to heavy rainfall forecast.
Top picks include for Monday, July 6 include Biocon, IndusInd Bank, Lupin, Angel One, and Electronics Mart India.
The GIFT Nifty, an early indicator of Nifty 50's performance traded at24,344.50 against Friday's index close of24,270.85.
Central Railway has issued helpline numbers after landslides disrupted Karjat-Lonavala rail traffic.
IMD's regional office in Mumbai had warned of heavy to very heavy rainfall, with extremely heavy rain at isolated places, across the Mumbai Metropolitan Region.
Motilal Oswal believes the latest approvals, coupled with the government's fast-track procurement initiatives, could significantly improve order inflow visibility for domestic defence companies.