RBI in the past was against this market, but gave way when it was found that the offshore volume in rupee trading is actually higher than the onshore volume
Interestingly, all the 50 Nifty components have delivered positive gains during this period.
The pressure on earnings will continue, say experts
Tata group holds on to the top rank while Reliance climbs a spot; Indian Oil debuts in the top 10 list with a 41% jump in brand value
RIL, HUL, HDFC, ITC, Kotak Mahindra Bank and ICICI Bank were the other winners in the top-10 list
Analysts at Edelweiss estimate that banks like Axis Bank, Kotak Mahindra Bank and ICICI Bank have 25-30 per cent of their loan book under the moratorium
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
The bonds were issued in January 2018 for residents and Hindu Undivided Family (or HUF) members, and became instantly popular.
If the corporates are looking at moderation in salaries or in the increments, the same needs to be watched carefully from a prudential perspective, said the bank's country head for retail lending
A gap down close after touching 100-DMA indicates selling pressure in HDFC Bank. he counter has consistently failed to conquer 100-DMA as gap-down close has forced prices to correct even further.
While filing their financial results for FY20, corporations should adequately address the Covid-19 related concern and its impact on asset quality
Last financial year saw a series of banks failures starting with Punjab & Maharashtra Co-operative Bank and culminated in near collapse of YES Bank, India's 5th-largest private sector bank at its peak
Of 30 constituents, 20 declined and 10 advanced. Mahindra & Mahindra ended as the top loser on the index while telecom major Bharti Airtel was the biggest gainer
Unlike its peers, ICICI Bank has been more watchful of the emerging situation
In all, these three entities have added Rs 5.8 trillion to their m-cap during the period, against a Rs 11.3-trillion rise in the incremental m-cap of all 30 Sensex companies
Though stock gained over 6%, Q4 numbers gave investors nothing to cheer about
Muted lending and subdued cross-selling amidst extended lockdown to hurt fee income and earnings
After dropping 6% a day earlier, the markets attempted to rebound with the Sensex gaining as much as 550 points intra-day amid gains in the global markets
SBI, ICICI Bank, IndusInd downgraded; only HDFC Bank in 'buy' category
Larger challenge is to communicate to borrowers the difference between moratorium and waiver, say lenders