Wednesday, October 21, 2020
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Mumbai, Apr 6 (PTI) Banks in the country are likely to witness a spike in their non-performing assets ratio by 1.9 per cent and credit cost ratios by 130 basis point in 2020, following the economic slowdown on account of COVID-19 crisis, says a report.
Shree cement made its debut in NIFTY 50 index on 19 March 2020. Shree cement became the third cement company to be included in NIFTY; Grasim and Ultratech cement being two other.It was the most expensive stock on inclusion in index. Inclusion in NIFTY...
New Delhi, Apr 5 (PTI) The Indian macroeconomic situation is bleak and all set to get worse if local or national lockdowns continue for some more time, renowned economist Jean Dreze said on Sunday. Dreze further said that due to the country-wide lockdown, social...
New Delhi, Apr 5 (PTI) Seven of the 10 most valued domestic companies lost a staggering Rs 2,82,548.07 crore in market valuation last week, with Tata Consultancy Services (TCS), HDFC Bank and Kotak Mahindra Bank taking the biggest hit. During the last week, the BSE...
Banking and financials tanked due to heavy selling pressure costing Nifty and Sensex.Nifty and Sensex closed down 2%.While pharmaceutical giants Sun Pharma and Lupin outperformed to close the day with massive gain. Indian banking and financial sectors continued there poor run in recent months.Bank...
Today Indian market reversed most of yesterday's gain.In a volatile seesaw week , Nifty and Sensex lost around 4% in today’s session.Nifty also formed a bearish candle.Now big question arises.....            Is Nifty a way to make fresh runs downside? Scary one!
Bear made their presence again in a volatile week where both indices are experiencing see-saw movements in either direction.Nifty and Sensex lost around 4% in today's session. IT and banking stocks drag the indices down.Nifty forms strong bearish candle today and is likely to trend with negative...
It's another day of gap down opening in the volatile month of march. Nifty, Sensex and Bank nifty opened gap down following poor global clues.Sensex and Bank Nifty are trading with 600 points cut while Nifty is trading with 200 points cut. In early trading Kotak bank...
At the beginning of the year, financial stocks were investors' favourites and were  flying high. Sales figures and margins were soaring across the industry. Unfortunately, it didn't last. Suddenly a boom caused by bulls has turned red. They are decelerating rapidly than they took time to reach high.Financial...
Indian stock market ended the day in red; with Nifty and Sensex crashing by more than 4 % each .Bank stocks and financial stocks were the top losers in today's trade.Pharmaceuticals major Cipla and Dr Reddy closed the day with 2 to 6 % gain.
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