The sentiment and momentum in the Indian markets these days is extremely positive. Spurred by hope for a rebound in the global economy and encouraging news on the Covid-19 vaccine front, both national benchmarks are making their way into uncharted territory almost daily, with the Nifty50 index now pointing to …
Read More »Chart verification: YES Bank jumps more than 30% in one month; will go higher?
Web exclusive After breaking the Rs 18 mark, the breakout should see an increase towards the Rs 24 to Rs 23 range. Topics YES Bank | bank actions | Vibrant actions Avdhut Bagkar | Bombay Last Updated on December 2, 2020 12:04 IST YES Bank shares were trading nearly 0.5% …
Read More »Nifty Bank Index Down 2%; RBL, Bandhan, HDFC Bank fell more than 3%
Bank stocks were under pressure with the Nifty Bank index falling 3 percent from its intraday high on Friday, after rating agency India Ratings and Research (Ind-Ra) revised its outlook on the banking sector to ‘Negative’ for the second semester. – October to March (H2FY21) from ‘Stable’. Bandhan Bank, RBL …
Read More »Vodafone Idea rallies 54% from Tuesday’s low before fundraising meeting
Vodafone Idea (VIL) shares rose 20 percent, for the second day in a row, to 11.88 rupees on the BSE on Thursday before the board meeting on Friday to consider the fundraising plan. Shares of the telecommunications service provider had risen 11 percent on Wednesday. With the increase of the …
Read More »Future Retail reaches a 10% lower circuit after rallying 38% in 3 sessions
Shares of Future Retail hit the bottom loop of 10 percent at Rs 146.10 on the BSE on Tuesday on the firm market. The drop comes after foreign portfolio investors (FPI) sold 9.5 million shares of the company through the open market on Monday. The world’s largest sovereign wealth fund, …
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