While Nifty Bank has logged in double digit returns over the last 1 year, its performance against broader Nifty50 and its other sectoral peers remains subpar. With rising deposit cost and moderation in net interest margins (NIMs), experts remain wary of the pack, toning down their expectations from the sector that has the largest weight…
READ MOREIndian Railway Finance Corporation Share Price 180.96 04:06 PM | 28 Aug 2024 0.12(0.07%) One97 Communications Share Price 538.0 04:06 PM | 28 Aug 2024 -7.15(-1.32%) YES Bank Share Price 23.96 04:06 PM | 28 Aug 2024 -0.06(-0.25%) ITC Share Price 497.3 04:01 PM | 28 Aug 2024 -3.31(-0.66%) HDFC Bank Share Price 1637.1 04:06…
READ MOREPSU stock Canara Bank has entered the Nifty Bank index at the cost of Bandhan Bank as part of the semi-annual rejig. Canara Bank’s average free-float market capitalisation stood at Rs 38,973 crore over six months as against Bandhan Bank’s Rs 15,945 crore. With its inclusion, Canara Bank is expected to receive flows of $…
READ MOREVodafone Idea has made an exit from Nifty 500 index and Nifty Midcap 100 as part of a semi-annual rejig of NSE’s various indices. Vodafone’s current free-float market capitalisation stands at Rs 36,534 crore and the stock today ended at Rs 15.83, down by Rs 0.37 or 2.28% over the Thursday closing price. Vodafone’s exit…
READ MOREDomestic markets, after a lacklustre start on Tuesday, came under pressure and closed with losses, marking a second straight day in the red. “We expect the market to continue its consolidation mode due to the lack of any major positive trigger. However, investors should use this dip as a buying opportunity in quality stocks especially…
READ MOREFifteen stocks are under F&O trade ban on Tuesday viz. Aditya Birla Capital, Aditya Birla Fashion & Retail (ABFRL), Bandhan Bank, Biocon, Birlasoft, Granules India, Hindustan Copper, India Cements, Indiamart Intermesh, LIC Housing Finance, Manappuram Finance, Punjab National Bank (PNB), RBL Bank, Steel Authority of India (SAIL) and Sun TV Network. Gujarat Narmada Valley Fertilizers…
READ MOREBandhan Bank, The Great Eastern Shipping Company (GRSC) and Navneet Education along with 5 other companies, are expected to be in the spotlight today as they had finalized August 13 as the record date to determine the shareholders eligible for dividend payments. This means today is the last day to purchase shares of these companies…
READ MOREShares of private sector lender Bandhan Bank on Monday jumped 10% to hit upper circuit limit of Rs 211.65 on the BSE after reporting a healthy 45% year-on-year (YoY) earnings growth, led by 25% YoY operating profit growth and 15% YoY decline in provisions. Following the beat, ICICI Securities upgraded the stock to βaddβ rating…
READ MOREEleven stocks are under F&O trade ban on Friday viz. Balrampur Chini, Bandhan Bank, GMR Airports Infrastructure, Gujarat Narmada Valley Fertilizers and Chemicals (GNFC), Hindustan Aeronautics Limited (HAL), Hindustan Copper, The India Cements, Piramal Enterprises (PEL), RBL Bank, Steel Authority of India (SAIL) and Vedanta. Chambal Fertilizers & Chemicals has moved out of the ban….
READ MORE