Q2 results: Banks to feel the heat on profit margins
The spread between average lending rate and deposit rate is at its peak for private banks at 470 bps, posing a risk to downside as repricing fructifies. – Stocks-Markets-Economic … Read More
Month: October 2020
Will my bank be open tomorrow? Bank holidays in October
Banks in some states will also be closed to observe some regional holidays. Moreover, various states have variation when they celebrate Durga Puja and Vijaya Dashmi. – Stocks-Markets-Economic Times
Multiplex Stocks Rally; Government Allows Cinemas To Open With 50% Seating
About 9,500 theatres have remained shut since the nationwide coronavirus lockdown started in late March. – NDTV Profit – Latest
Sensex Gains Over 400 Points Amid Buying Across Sectors
Stock Market Updates: The Bank Nifty index – comprising stocks of 12 major lenders in the country – traded 1.90 per cent higher at the time, having risen as much … Read More
Where is Nifty headed towards in 2021? Citi says don’t expect gains
Citi has a September 2021 target of 11,000 for the NSE Nifty 50 Index, about 2% lower than Wednesday’s close. – Stocks-Markets-Economic Times
Stock market update: Auto shares up on strong Sept sales numbers
The Nifty Auto index was trading 1.63 per cent up at 8036.75. – Stocks-Markets-Economic Times
KEC International bags new orders worth Rs 1,033 cr
Engineering, procurement and construction major KEC International on Thursday said it has bagged new orders worth Rs 1,033 crore across various businesses. – Stocks-Markets-Economic Times
Bajaj Auto reports 10 per cent jump in September sales at 4,41,306 units
Total two-wheeler sales in September stood at 4,04,851 units as compared to 3,36,730 units in the same month of 2019, a jump of 20 per cent, Bajaj Auto said in … Read More
Rupee Jumps To 73.32 Vs Dollar After Current Account Surplus Hits Record
Rupee Vs Dollar: Weakness in the dollar overseas and sharp gains in domestic equity markets amid optimism about a recovery from the damage caused by the coronavirus pandemic supported the … Read More
Chemcon, CAMS listing: Should investors buy more, hold or sell?
CAMS, the biggest IPO of FY21, also had a respectable listing pop of 23 per cent, making investors wonder whether there is more money to be made in the stock. … Read More