If you go beyond the headline indexes, February 1 might be a watershed moment for several equities.
Bajaj Finserv Health Ltd. (BFS-Health), the wholly owned subsidiary of Bajaj Finserv (BJFIN), is acquiring 100% equity stake in Vidal Healthcare Services Private Ltd (VHC), for an enterprise value ₹3,250 Million.
April MCX gold futures were down ₹70, or 0.11%, at ₹ 62,665 per 10 grams
Market value of fintech company dropped by ₹9,646 Crore in early trading.
System non-food loans grew 2.2% Month-on-Month (MoM) and 20% Year-on-Year (16% excluding HDFC merger) in December 2023.
U.S. West Texas Intermediate crude futures gained 47 cents, or 0.6%, to $76.33, while Brent crude futures increased 46 cents, or 0.6%
RBI has imposed severe restrictions on Paytm Payments Bank.
The dollar index fell 0.07% to 103.54 in early Asian trading.
The ban is imposed as these securities crossed 95% of the market-wide position limit (MWPL), as reported by the NSE
Improvement in cement output was a key positive.

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