Stock market update: Cement stocks edge lower; SKCIL plummets over 5%
SKCIL, Shiva Cement and Sanghi Industries were the top losers. – Stocks-Markets-Economic Times
Month: December 2019
Bad Loans Spike At Mumbai-Based Shadow Lender As Crisis Deepens
Bad loans at Altico Capital India spiked to 23.8 per cent of its loan book in the quarter ended September from 1.8 per cent in the previous quarter. – … Read More
GST revenues not enough for States’ compensation: Centre
Letter to States flags falling collections – The Hindu – Economy
China capex growth hits three-year low as weak economy, trade war drag
Capital investment by Chinese firms has ground to its slowest pace in three years, as a weakening economy, tight credit and prolonged trade war with the United States dent sales … Read More
GST revenues not enough for States’ compensation: Centre
Letter to States flags falling collections – The Hindu – Economy
Lakshmi Vilas Bank jumps 5% as Capri Group entities buy 4.9% stake
The shares were bought by Capri in a series of transactions over the past 5-6 months. – Stocks-Markets-Economic Times
CSB Bank jumps 41% over issue price to list at Rs 275
This was better than the grey market trend, where the scrip was trading at a Rs 65-67 premium. – Stocks-Markets-Economic Times
Stock market update: IT shares advance; Mindtree climbs 3%
The Nifty IT index was trading 0.9 per cent up at 15055.5 . – Stocks-Markets-Economic Times
Share market update: Bank shares gain; Bank of Baroda rises 1%
The Nifty Bank index was trading 0.29 per cent up at 31706.55 . – Stocks-Markets-Economic Times
Sensex sheds 100 points, Nifty tests 11,950 as trade deal hopes wane
Except IT and pharma, all other sectoral indices on NSE were trading in the red. – Stocks-Markets-Economic Times