In the past one month, the stock has outperformed the market by surging 17 per cent, as compared to a marginal 0.35 per cent rise in the S&P BSE Sensex.
In September, the government slashed the corporation tax rate. He's also eased foreign investment rules in retail, manufacturing and coal mining, & merged 10 state-run banks to create four big lenders
Moody's downgraded the Bank's long-term foreign currency issuer rating to B2 from Ba3, as potentially stressed assets and low loss-absorbing buffers may add pressure to its funding and liquidity.
The decision by the Reserve Bank of India spurred speculation that it has run out of ammunition after slashing rates five times this year.
Here's a look at the top stocks that may hog the limelight today.
NSE on Thursday launched Nifty Bharat Bond Index series, which will track a portfolio of AAA-rated bonds issued by government entities
Till 11,950 is held on the Nifty, one can maintain the long positions however if it breaks one has to reverse the longs to shorts
The benchmarking report would have to be provided along wherever the performance of the AIF is disclosed
Bars Fidelity employee and family members from stock market for allegedly pocketing illegal gains
On September 23, the RBI had imposed regulatory restrictions on the PMC Bank for six months over alleged financial irregularities
HDFC AMC has time until August 2021 to bring down promoter holding to 75 per cent
But beware that NBFCs with high exposure to real estate are not out of the woods yet
Once we see some recovery in real estate, this money will get released and move towards capital market products like mutual funds, says Aashish Somaiyaa
A320ceo aircraft accounted for 53 per cent of the company's capacities as of September quarter
The sum raised by the oil giant surpasses the $25 billion garnered by the Chinese online trading group Alibaba in 2014 when it entered Wall Street
Spot gold was up 0.1% at $1,475.58 per ounce, as of 0811 GMT on Thursday, and US gold futures were up 0.1% at $1,480.90 per ounce.
Sources said NHAI, NHPC, NTPC, REC, PFC and Nuclear Power Corporation of India Ltd would be in the index.
RIL stock valuations may surge 29% from current level; brokerages bet big on refinery business, Reliance Jio
In the absence of near-term government stimulus, markets may remain range-bound until Budget
Gold is stubbornly holding on to the levels of $1450 and any sustained breach with volume can crash the prices till $1430