Lakshmi Vilas Bank jumps 4% as board to consider rights issue
"A meeting of the board will be held Thursday to consider and approve the issue of securities of the bank to existing shareholders of the bank on rights issue," the bank said in a regulatory filing.
Stocks in the news: YES Bank, Nestle India, TechM, Asian Paints and Reliance Power
The cement maker reported 50.51 per cent rise in consolidated net profit at Rs 803.50 crore for September quarter 2020.
Ahead of Market: 12 things that will decide stock action on Tuesday
Ajit Mishra of Religare Broking said the news of rising COVID cases across Europe and the US is haunting markets across the globe.
Day trading guide for Tuesday
Broader markets, on expected lines, have relatively outperformed the benchmark during the previous week. We expect the broader market to endure its relative outperformance amid ongoing Q2FY21 result season.
Day trading guide: Sustenance above 11,650 crucial for Nifty
All the sectoral indices ended in red. Auto and retail fell over 3 per cent, while the FMCG index was relatively holding ground.
Nifty likely to trade above 12,000 on bullish IT, banks
With technology shares moving from strength to strength and banking shares showing some promise, the Nifty, in the weeks ahead, is likely to inch closer to its record high of 12,430.5 touched in January this year
Day trading guide for Wednesday
FIIs net position on index futures stand at 55,000 long contracts. Also, in cash market FIIs have been net buyers of stocks to the tune of Rs. 8000 crores in month of Oct.
Day trading guide: Nifty holding ground, could revisit 12,000
Massive additions are visible at 11,900 call and 11,900 put strikes for the current weekly expiry. It represents that traders are not expecting any major move on either side.
These 5 PSU bank stocks are trading near their face value. Here's why
Many banks have taken their shareholders' approval for raising capital from the market. This may lead to dilution of stake of the promoter.
Market Movers: Banks lead, Vedanta gains; 227 stocks hit upper circuit
In stock-specific movements, Britannia continued to decline for the second straight session as analysts cut their earnings estimates for the biscuit maker, while Anil Agarwal-led Vedanta advanced on announcement of dividend payout from subsidiary Hindustan Zinc.
Sebi chief Tyagi bats for reducing fin sector's reliance on banking system for fundraise
The markets regulator also warned that unless the bond markets are developed adequately, the government's target of having Rs 100 lakh crore of investments into the infrastructure sector by 2024-25 may not materialise.
Universal bank account: It’s time to reimagine beyond digital banking
We have also very successfully done this in the telecom sector – a completely new mobility-based system not just moved people away from fixed line, but indeed made fixed lines redundant.
Day trading guide for Tuesday's market
We believe the broader market indices have approached its maturity of price wise and time wise correction. As seen since 2009, post a sharp up move (more than 25 per cent) in the Nifty midcap and small cap indices, the intermediate average correction is to the tune of 12-15 per cent.
Dalal Street week ahead: Nifty50 faces crucial time technically; stay defensive
The coming week is going to be extremely important from technical perspective. From a pure analytical point of view, the 12,000 mark will be a major and important resistance level, both from the point of view of classic market technicals and on the basis of derivative data.
Will RBI’s relaxed loan-to-value rules make home loans cheaper?
According to RBI, retail housing loans will attract a risk weight of 35 per cent, where LTV is less than or equal to 80 per cent and a risk weight of 50 per cent where LTV is more than 80 per cent but less than or equal to 90 per cent.