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HDFC LIFE INSURANCE CO: Q1 SL NET PROFIT 4.78B RUPEES VS 4.15B (YOY)
6500
US 30-YEAR TREASURY YIELD SURPASSES 2-YEAR YIELD FOR FIRST TIME SINCE JANUARY
Summary:The yield on the US 30-year Treasury bond has risen above the yield on the 2-year Treasury bond for the first time since January. This inversion is a rare phenomenon that has historically signaled an impending economic recession.
Impact:An inverted yield curve can negatively impact the stock market as it often precedes economic downturns. Sectors particularly sensitive to economic conditions, such as financials and industrials, may be affected more than others.
6600
BANK OF MAHARASHTRA: Q1 SL NET PROFIT 13B RUPEES VS 8.8B (YOY)
BANK OF MAHARASHTRA: Q1 GNPA 1.85% VS 1.88% (QOQ) || Q1 NNPA 0.20% VS 0.20% (QOQ)
BEAT YOY
4800
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