Bank shares tank after Moody’s changes outlook on Indian banks to negative
The BSE Bank index was quoting lower by 3.74 per cent at 20,098.85. – Stocks-Markets-Economic Times
The BSE Bank index was quoting lower by 3.74 per cent at 20,098.85. – Stocks-Markets-Economic Times
Compared with the 2007-2009 meltdown, the current crisis is a massively more complex problem. – Stocks-Markets-Economic Times
The brokerage has reduced its earnings estimate for FY21/FY22 by 19 per cent/18 per cent to Rs 51/Rs 53 to factor in termination of Sandoz acquisition plan. – Stocks-Markets-Economic … Read More
The U.S. bank said it had cut its first-quarter forecast to an annualised 3.4% contraction from a previous 2.4%, while in the second quarter the economy is predicted to shrink … Read More
The Nifty Metal index was trading 2.12 per cent down at 1520.55. – Stocks-Markets-Economic Times
Most NBFCs are facing a threat from plummeting liquidity and reduced growth projections. – Stocks-Markets-Economic Times
The Nifty Realty index was trading 0.38 per cent up at 172.75 . – Stocks-Markets-Economic Times
The Nifty Pharma index was trading 5.38 per cent up at 7404.6 . – Stocks-Markets-Economic Times
The brokerage has cut its FY21/22 adjusted EBITDA estimate by 24 per cent/5 per cent, given the sharp fall in demand. – Stocks-Markets-Economic Times
Fitch Ratings last week reaffirmed the US’ AAA credit rating for the same reason. – Stocks-Markets-Economic Times