Sensex rallies 40% from March lows, but 2 in 3 stocks fail to keep pace
The BSE 500 index has gone up by 40.3 per cent, from 2020 low of Rs 7,864.01. – Stocks-Markets-Economic Times
Month: July 2020
Sell Vodafone Idea, target price Rs 8: ICICI Securities
ICICI Securities is concerned about the dip in mobile broadband subscribers, which means Voda Idea is unable to even retain subscribers who are converting from 3G to 4G. – … Read More
India may ease regulatory pricing cap for ECBs
Currently its capped at 4.5 % over LIBOR; May help borrowers to improve liquidity at the time of Covid pandemic – Stocks-Markets-Economic Times
Axis Bank to raise Rs 15,000 crore via share sale
The bank’s shares slipped over 2 per cent to end the day’s trade at Rs 423.5 on the BSE. – Stocks-Markets-Economic Times
Franklin’s six shut debt schemes receive cash flows of Rs 2,667 crore
The money received is on account of maturities, principal repayments and prepayments. – Stocks-Markets-Economic Times
Stocks in the news: HDFC Life, SBI Card, JB Chemicals, Motherson Sumi and Future Retail
Vedanta will be replaced by HDFC Life Insurance in the Nifty50 index, effective July 31. – Stocks-Markets-Economic Times
Parekh calls for one-time restructuring of realty loans
He also backed the RBI on allowing interest to be charged on loans under moratorium. – Stocks-Markets-Economic Times
Cognizant faces action from IT workers’ union over layoffs
‘Don’t resign under pressure from HR,’ KITU tells tech staff – The Hindu – Industry
Bank credit grows 6.18%, deposits 11%: RBI data
Loan growth to industry slows to 1.7% – The Hindu – Economy
‘Need ₹50-60 lakh crore FDI to bolster economy’
Infra, MSMEs can benefit: Gadkari – The Hindu – Economy