Buy Bandhan Bank, target price Rs 262: Emkay Global
Emkay says near-term asset quality disruption is inevitable, but takes comfort in the bank’s healthy liability profile. – Stocks-Markets-Economic Times
Month: April 2020
World’s Biggest Lockdown Brings Trucks To A Standstill In India
Daily movement of trucks has collapsed to less than 10 per cent of normal levels, according to All India Motor Transport Congress – NDTV Profit – Latest
Investor wealth jumps Rs 4.65 lakh crore as markets recover
Bajaj Finance was the sole loser in the frontline 30-company pack. – Stocks-Markets-Economic Times
Share market update: Bank shares up; IndusInd Bank surges 16%
The Nifty Bank index was trading 6.17 per cent up at 18313.35 . – Stocks-Markets-Economic Times
HUL stock may be peaking out after a gulp of Horlicks
The Horlicks brand buyout is the biggest for the company in its over 87-year history. – Stocks-Markets-Economic Times
Share market update: Auto shares gain; M&M jumps over 8%
The Nifty Auto index was trading 4.62 per cent up at 4726.65 . – Stocks-Markets-Economic Times
Multi-notch sovereign ratings downgrade likely in 2020: Fitch
Developed market sovereigns and those in Latin America have experienced the most multi-notch downgrades. – Stocks-Markets-Economic Times
Stock market update: 77 stocks hit 52-week lows on NSE
Domestic benchmark index NSE Nifty was trading 413.95 points up at 8497.75. – Stocks-Markets-Economic Times
Buy Nestle India, target price Rs 17,902: Anand Rathi
The financial risk profile of Nestle India remains healthy, driven by strong operating cash flow and sound capital structure. – Stocks-Markets-Economic Times
IndusInd Bank records meagre 4% deposit growth
Out of the total deposits 34 per cent was contributed by retail and small business customers. – Stocks-Markets-Economic Times