Latest Updates Around The World
The Indian market ended higher on Monday, driven by banking and financial heavyweights after lenders had posted a strong quarterly loan growth, while the Sharing site won before the upcoming winning streases. The S&P BSE Sensex rose 582.95 points, or 0.72%, to end at 81,790.12, while the NSE Nifty 50 Advanced 183.40 points, or 0.74%, […]
Global Brokerage Citi has reset the coverage on State Bank of India (SBI) with a ‘buy’ rating and a target price of RS 1,050, which indicates a bullish look at the largest public lender of India. The move stems from the conviction of CITI in SBI’s strong visibility of credit growth, improving return statistics and […]
The stock markets remain floating with Nifty that hits 25,400 this week. Analysts believe that the rally could stretch next week, which marks a fourth consecutive week of profit. Mark expert Rajesh Palviya now said in an interview with ET: “Looking at the wider market and width, there is a good chance that Nifty ends […]
Indian shares were higher on Thursday, with the Sesex and Nifty Vooruit for a third consecutive session, after the American Federal Reserve Rates has reduced by 0.25% in an attempt to strengthen his labor market. Investor sentiment also received support from recent GST reforms and progress in India-US-Handel negotiations. The S&P BSE Sensex rose 328.17 […]
The Indian market ended higher on Wednesday, with banking and metal shares of leading profits, while investors were waiting for updates from a gods and services Tax (GST) council meeting that are expected to weigh the rate reductions on different products. The NSE Nifty went to 135.45 points, or 0.55%, to end at 24,715.05, while […]
Shares of Indusind Bank will probably be focused on Thursday, August 21, because the private lender announced important steps to solve Legacy problems in its treasury and microfinance companies, reported a change in financial performance and revealed a change in leadership at the top. The chairman of the Bank, Sunil Mehta, said that Indusind has […]
The board of IDFC First Bank On Friday, the preferential allocation of more than 81.26 crore convertible cumulative preference shares (CCPs) approved RS 4,876 Crore, based on private placement to the investments of the Bessen Burg pincus. The decision was made in a meeting that is being held today. In principle, the bank had received […]
