Markets continue to trade lower, bankex slips
The order comes after the Sebi received various complaints against proprietor Neha Gupta
Among the key sectoral indices on the National Stock Exchange, Nifty Metal index closed 1.3 per cent lower, while Nifty IT index settled 1.02 per cent higher
Speculators slashed their bullish positions in COMEX gold contracts in the week to Dec. 10
All that happened in the markets today
Mastek (UK), wholly owned subsidiary of the company sold partial stake sale in Majesco to drive growth strategy.
The stock has rallied 32% in past two months, as compared to 6% rise in the benchmark S&P BSE Sensex
The stock was locked in upper circuit of 20% at Rs 299 on the BSE, after the credit rating agency revised its outlook on the long-term bank facilities of the company to 'Positive' from 'Stable'.
Axis Bank may see huge buying momentum after a strong close above Rs 760. On a bigger scale, the stock has managed to hold around 200-days moving average (DMA) and has not shown any major breakdown
In Q3FY19 (July-September quarter), Crisli's consolidated PBT grew 13 per cent to Rs 148 crore against Rs 131 crore in the corresponding quarter of previous fiscal.
The company was awarded a contract worth of Rs 4,443 crore by Tamil Nadu Generation and Distribution Corporation for execution of 1x660 MW Supercritical Ennore Thermal Power Station Expansion Project.
Investors, however, booked profit at most banking counters with shares of SBI, Axis Bank, HDFC Bank, YES Bank, Punjab National Bank, Bank of Baroda, and The Federal Bank down up 2.7 per cent.
The company said it was preparing the response to the observations, which will be submitted to the US FDA within 15 business days
Here's a look at the top stocks that may remain in focus today -
Bank Nifty would have a range of 31,370-32,650
Banking stocks will be in focus today as the lead banker of the bankrupt Essar Steel, the State Bank of India (SBI), is likely to settle dues of other lenders as it received Rs 40,000 crore on Friday
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
While the stock listed at more than 50 per cent premium over its IPO price, investors lost money as the huge oversubscription pushed up the break-even threshold to 70 per cent
Chana prices are expected to move higher on the back of delayed crop and weather risk supporting the sentiments
Foreign portfolio investors (FPIs) and mutual funds (MFs) have seen their assets under custody (AUC) grow at a much faster rate