PSU bank stocks plunge up to 12% on asset quality woes
Nifty PSU Bank plunged 9.26 per cent led by Indian Bank, Canara Bank, Punjab National Bank and Bank of India that dropped over 10 per cent each in a single … Read More
Nifty PSU Bank plunged 9.26 per cent led by Indian Bank, Canara Bank, Punjab National Bank and Bank of India that dropped over 10 per cent each in a single … Read More
The overhaul comes two days after e-commerce giant Alibaba Group Holding Ltd, of which Ant is an affiliate, was hit with a $2.75 billion antitrust penalty as China tightens controls … Read More
On NSE, Dr Reddy’s Labs ended up 7.09 per cent at Rs 5,098. On BSE, it rose 4.83 per cent and was the only gainer among Sensex stocks. – … Read More
The unemployment rate had just hit a post-crisis low of roughly 7.5 per cent. But for Blacks it remained a catastrophic 13 per cent, a fact not raised by Powell … Read More
As long as Nifty remains below 14,500 level, weakness can continue for a downside move towards 14,100 and the psychologically important 14,000 levels, while on the upside, hurdles are seen … Read More
The swift changes have set off alarm bells in the financial industry, which is having to adapt quickly to the tougher new regime, and set the stage for potential legal … Read More
As many as 84 stocks listed on the National Stock Exchange gave sell signal based on MACD indicators. The list included UPL, Berger Paints, NALCO, and JK Cement. – … Read More
Recently, RJIL entered into a spectrum trading arrangement with Airtel to acquire more spectrum in the 800 MHz band. – Stocks-Markets-Economic Times
Saurabh Mukherjea, Founder, Marcellus Investment Managers, thinks Indian specialty chemicals today is where the pharma sector stood in the mid-1990s — on the cusp of a golden 20-year run. … Read More
Further imposition of lockdowns and all-time high Covid-19 cases have dragged the market to a monthly low. – Stocks-Markets-Economic Times