Nifty outlook and few trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.
The government on Monday infused Rs 10,882 crore in four public sector banks, including UCO Bank and Syndicate Bank
Domestic investors have been buyers of Indian stocks since 2015
Beneficial owners are natural persons who ultimately own or control an FPI
Capping off 2018 on a high note, both Sensex and Nifty clocked gains for the third straight year in a row amid positive cues from global markets and strengthening rupee
After Q2FY19, analysts had cut their earnings estimates of consumer firms, amid higher input costs on the back of high oil prices and a weakening Rupee
The development comes close on the heels of broader moves to better supervise corporate bond pricing
Banks are to link retail loans to external benchmarks; finance companies may be next
After experiencing extreme pressures from stressed loans and provisioning for them for many quarters, banks can look for better days in 2019, says Union Bank of India CEO
Are we looking at reduced terms for CEOs at private banks, say not more than two-terms? Don't be surprised if this were to happen
UCO Bank, Dena Bank, Bank of Maharashtra, Indian Bank and Corporation Bank were trading higher by up to 11%.
The move may curb excessive speculation in a market where derivatives trading is about 30-times that of the cash market.
The stock was locked in the upper circuit limit of 20% on the BSE after the company posted a strong 50 per cent growth in sales numbers for December 2018.
The broader Nifty50 index of National Stock Exchange (NSE) reclaimed the crucial 10,900 level to settle at 10,910, up 48 points or 0.44 per cent.
Here's a look at the two indices that, according to technical charts, are likely to perform in the new year -
The stock dipped 4 per cent to Rs 772, falling 5 per cent from intra-day high on BSE, as tractor sales down 6 per cent at 17,404 units in December over the previous year.
The stock down 5% to Rs 123 after the company said it has failed to pay the balance payment to global private equity major Blackstone, due to un-contemplated events arising in the debt market.
The Air India subsidiaries and assets alone are expected to fetch the government close to Rs 9,000 crore
Prestige Estates Projects, Oberoi Realty, Godrej Properties, Unitech, Indiabulls Real Estate and DLF from the Nifty Realty index up in the range of 2% to 5%.
The G-Secs accounts for 79 per cent of the total amount of outstanding bonds in India