Both LVB and Indiabulls Housing Finance are proposed to merge. Last month, IBHFL said it expects the regulator to take a decision on its merger plan with Lakshmi Vilas Bank in the next two months.
Earlier this month, the Union cabinet had approved capital infusion worth over Rs 9,000 crore into the bank.
Here's a look at the top stocks that may remain in focus today -
Stock calls and Outlook on Nifty by Mr. Sameet Chavan, Chief Analyst- Technical & Derivatives, Angel Broking Ltd.
Markets are expected to remain in the consolidation-mode, as investors watch out for key micro and macro-level developments through the week
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
IRCTC has had healthy revenue growth of 27.4 per cent in FY19, while the same over FY17-19 averaged 11 per cent
Even after the surprise reduction in corporate tax, select large-caps have been outperforming the broader markets this year
Global emerging market (GEM) funds saw outflows to the tune of $868 million, paring the 2019 inflows by these funds to about $181 million
Christian Gattiker, in an interview with Puneet Wadhwa tells that he has a neutral view on the Indian equity market for now, given the rich valuation
Industry experts say that this trend is likely to continue
Information system infrastructure includes networking systems, security devices, servers and databases
Prior to this, foreign investors had pulled out a net Rs 5,920.02 crore in August
PIMCO pegs India's GDP growth for 2020 in the range of 6.5 - 7.5 per cent, while the consumer price inflation (CPI) during this period is seen between 3.5 - 4.5 per cent
With this transaction, Japan-based Nippon Life's gross investments in RNam is now over Rs 7,800 crore
Clarity on existing definitions of ownership could also be under review, believe experts
While lower tax rate and attractive valuations are positives, concerns on volumes, lower e-auction realisations and divestment could weigh on the stock
The efforts are expected to make life easier for investors and boost mutual fund penetration
On a weekly basis, however, Sensex gained 2.12 per cent while Nifty added 2.11 per cent
The IPO is part of the government's ambitious disinvestment programme that targets raising Rs 1.05 trillion via this route in financial year 2019-20 (FY20).