The Bajaj group is the only one on the list of 12 conglomerates to be down - 1 per cent - since the lockdown came into effect, thanks to the hammering of stocks of non-banking financial companies.
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
Sitharaman announced a special liquidity scheme of Rs 30,000 crore for NBFCs, housing finance companies (HFCs) and MFIs, which are finding it difficult to raise money from the debt markets.
Unlike its peers, ICICI Bank has been more watchful of the emerging situation
All that happened in the markets today
ICICI Bank stock has corrected 37 per cent in three months. But investors should not rush into it
Excluding covid-19 related provisions, the profit after tax of the bank would have been Rs 3,260 crore
Total income during the quarter under review increased to Rs 23,443.66 crore, from Rs 20,913.82 crore in the same period of the preceding fiscal
A total of 13 companies, including SBI Cards and Shree Cements, are scheduled to announce their March quarter results today
Analysts would track the management's commentary on Covid-19 related impact, traction in deposits post investment in YES Bank, movement of reported GNPAs, and moratorium utilised by customers
Though stock gained over 6%, Q4 numbers gave investors nothing to cheer about
Today, a total of six companies, including YES Bank and Kansai Nerolac Paints, are set to declare their quarterly numbers
SBI, ICICI Bank, IndusInd downgraded; only HDFC Bank in 'buy' category
Reliance Industries Ltd witnessed a rise of Rs 31,506.3 crore to Rs 9,30,006.19 crore in its valuation
Affirms Issuer Default Ratings for seven banks including these four and Bank of India, Canara and PNB
The bank's slippages moderated significantly in March, but provisioning costs because of the coronavirus rose.
The weight of FMCG, software and pharma companies in Nifty now at 31.5% from 25.3% in December 2017