Stock recommendation by Religare Broking
The S&P BSE Sensex Index posted its third day of losses on Tuesday, ending a surge since the Sept 20 announcement of the tax cuts
After the recent share sales, the family's stake in the bank has shrunk to around 1 per cent, showed an analysis of exchange data
The investors would get a 3 per cent discount over the issue price
Castor seed prices have hit the lower price circuit every day over the past six sessions on the NCDEX
Concerns about financial sector health weigh on investors' minds
Volume gains from dedicated freight corridor remains the key stock driver
A likely volume recovery in the second half of FY20 and relatively reasonable valuation should support further upside in the stock
Dollar bonds of Yes Bank Ltd., which has sizable exposure to the cash-strapped shadow lenders, slumped a record 5.5 cents to 80.9 cents on the dollar on Wednesday
ONGC, BPCL, Coal India, Hero Motocorp, NMDC, Power Grid and Infosys are the top picks for the brokerage in the high-dividend space
Five of the seven NPS schemes have underperformed the flagship multi-cap mutual fund (MF) schemes managed by their sister firms
This would be subject to such investments in unlisted NCDs having simple structures being rated, secured and with monthly coupons
The crisis at PMC Bank has led to fears amongst investors that the money of ordinary depositors will be blocked
New asset-based valuation method indicates strong upside for OMCs
Robust deal pipeline, margin gain hopes have helped it to bridge the valuation gap with TCS
Counters such as PSU banks, realty, and media fell like ninepins.
Based on publically available data, analysts at Macquarie said in a recent report that YES Bank, Bank of Baroda (BOB) and IndusInd Bank are the most exposed to Indiabulls Group
The development represents an effort to get out ahead of recent headlines that contributed to its share price losing an unprecedented 34% slump on Monday. Shares rebounded 5% on Tuesday
All that happened in markets today.
YES Bank, Bank of Baroda, SBI, IndusInd Bank, and RBL Bank are amongst the banks most prune to "high risk" emanating from Anil Dhirubhai Ambani Group (ADAG), Cox & Kings, CG Power, and DHFL