Month: January 2021

We expect the valuations to sustain and believe that there is a good chance of index delivering low-teens returns in the New Year.   – Stocks-Markets-Economic Times

The consolidation of corporate book growth is providing the bank an opportunity to work on its liability franchise, and delivery on liabilities will be key to further rerating, said CLSA. … Read More

Consumer lending company Bajaj Finance said the company acquired 2.2 million new customers in the third quarter though lower than the 2.5 million acquired in the smae period last year. … Read More

IT stocks, which had a solid 2020, saw some underperformance towards the later part of the year.   – Stocks-Markets-Economic Times

Domestic benchmark index NSE Nifty was trading 3.65 points up at 14136.55, while the BSE Sensex was trading 47.06 points up at 48223.86.   – Stocks-Markets-Economic Times

Overall, 20 shares were trading in green in Nifty50 index, while 30 were trading in red in the afternoon trade.   – Stocks-Markets-Economic Times

CLSA’s bullish view on the midcap bank is underpinned by the ongoing “second transformation” at the lender as it looks to shift focus away from corporate loans to retail loans. … Read More

For now, JPMorgan sees headwinds for the largest cryptocurrency, with indicators like a buildup of speculative long positions and an increase in investment wallets holding small amounts of Bitcoin showing … Read More

The Cboe Volatility Index, known as Wall Street’s “fear gauge,” on Monday notched its highest closing level since Nov. 5, at 26.97, while posting its biggest one-day gain since late … Read More

These NCDs have a coupon rate of 4.57 per cent per annum and will be listed on National Stock Exchange of India. Tenure of the NCDs is two years 358 … Read More