Add MCX, target price Rs 1,330: HDFC Securities
The brokerage says institutional volume uptick is possible with Deutsche, Orbis and Stock holding signing up as custodians. – Stocks-Markets-Economic Times
Month: June 2020
Banks seek RBI nod to recast Rs 3 lakh crore loans minus downgrade
At the end of April, banks had an exposure of Rs 2.3 lakh crore to commercial realty, Rs 45,862 crore to hospitality businesses, and over Rs 30,000 crore to aviation … Read More
View: Already in a mega-recession, India needs a venture capitalist of last resort
India must plan for a terrible year ahead in which GDP falls by 5% or more. Bankruptcies are inevitable. – Stocks-Markets-Economic Times
ICICI Bank Cuts Interest Rates On Saving Deposits By 25 Basis Points
The private sector lender has cut interest rate on all deposits of less than Rs 50 lakh to 3 per cent, a reduction of by 25 bps against the existing … Read More
Sensex, Nifty Likely To Open Higher Tracking Global Equities
The markets are likely to open in the green, continuing their gains of the five previous trading sessions, on the back of positive cues from the global front. – … Read More
Many companies reluctant to project Covid hit despite Sebi nudge
Cos fear impact of such disclosures on stock prices already battered in recent selloff – Stocks-Markets-Economic Times
Add Lupin, target price Rs 890: Centrum
The brokerage expects the India business to report healthy double digit growth for the company and emerge as a key growth driver. – Stocks-Markets-Economic Times
DII equity holdings touch multi-quarter high in Jan-March
The AUM of DIIs and FIIs was 20.4 lakh cr & 24.4 lakh cr, respectively, in April 2020. – Stocks-Markets-Economic Times
SGX Nifty up 40 points; here’s what changed for market while you were sleeping
Nifty futures on the Singapore Exchange traded 42 points, or 0.42 per cent higher at 10,080.50 in signs that Dalal Street was headed for a positive start on Wednesday. … Read More
Board Meetings Today: BPCL, Aurobindo Pharma, MAS Financial and Dishman Carbogen
It makes sense to have a look at the corporate agendas for the day’s as announced to the stock exchanges. – Stocks-Markets-Economic Times