Nirmal Bang

Nirmal Bang, one of the leading stock broking companies in India, caters to retail and institutional clients by offering them a range of financial products and services, including equities, derivatives, commodities, currency derivatives, mutual funds, IPOs, insurance, depository services and PMS.

Nirmal Bang is drawn from a diversity of professional backgrounds, and blend of experience, skill and dedication is shared with its clients. Nirmal Bang emphasizes adequate, thorough research local and world-wide developments, balancing these with the astute discovery of intrinsic values, synergies and growth. The aim is simply to help the investors to maximize their returns.

A Relationship Beyond Broking

External broker reports(aggregated public sources), Nirmal Bang

External broker reports(aggregated public sources)

Macroeconomics

<ul>
<li>Economy Update 3QFY22 Balance of Payments/1HFY23 borrowing CAD at 2.7% of GDP in 3QFY22; 1HFY23 borrowing at 59% of budget The current account deficit (CAD) stood at US$23.2bn (2.7% of GDP) in 3QFY22, marginally lower than our estimate of US$23.9bn (3.2% of GDP).</li>
<li>The CAD widened from 1.3% of GDP in 2QFY22 on the back of a higher trade deficit.</li>
<li>The better-than-expected performance against our estimate in 3QFY22 was led by higher remittances (9.7% YoY) and services exports (17.8% YoY).</li>
</ul>
<p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>


Economy Update 3QFY22 Balance of Payments/1HFY23 borrowing CAD at 2.7% of GDP in 3QFY22; 1HFY23 borrowing at 59% of budget The current account deficit (CAD) stood at US$23.2bn (2.7% of GDP) in 3QFY22, marginally lower than our estimate of US$23.9bn (3.2% of GDP).
The CAD widened from 1.3% of GDP in 2QFY22 on the back of a higher trade deficit.
The better-than-expected performance against our estimate in 3QFY22 was led by higher remittances (9.7% YoY) and services exports (17.8% YoY).

Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

3QFY22 Balance of Payments-1HFY23 Borrowing- Economy Update- CAD at 2.7% of GDP in 3QFY22