Mumbai : India could see inflows of up to $3 billion by the end of August due to the scheduled inclusion of select stocks by index provider MSCI in its benchmarks. In addition to the inclusion of seven stocks into the Global Standard index, MSCI will also increase the weight of HDFC Bank in the … Read more
Rail Vikas Nigam (RVNL) and Vodafone Idea stand among 7 stocks granted seats at the MSCI’s Global Standard index while Bandhan Bank was excluded as part of the global index service provider’s August rejig. Due to this inclusion, RVNL is likely to attract passive fund inflows worth $219 million while Vodafone Idea may likely be … Read more
Fifteen stocks are under F&O trade ban on Tuesday viz. Aditya Birla Capital, Aditya Birla Fashion & Retail (ABFRL), Bandhan Bank, Biocon, Birlasoft, Granules India, Hindustan Copper, India Cements, Indiamart Intermesh, LIC Housing Finance, Manappuram Finance, Punjab National Bank (PNB), RBL Bank, Steel Authority of India (SAIL) and Sun TV Network. Gujarat Narmada Valley Fertilizers … Read more
Chandra Shekhar Ghosh, MD & CEO, Bandhan Bank, says last financial year the bank had opened 300 branches and for that recruited 2,000 people. That cost is showing in the book but they had not given the full business of last year. Their business will be forwarded to this financial year and next and onward. … Read more
Mumbai: Notwithstanding the sharp swings in the stock market in recent weeks, individual investors are not shying away from borrowing and betting on shares, especially mid-caps – some of the worst hit in the recent sell-off. The total quantum of margin funding – a short-term loan to investors for buying shares they cannot afford otherwise … Read more
Adani Enterprises. Share Price 3083.85 01:03 PM | 14 Mar 2024 177.66(6.12%) Adani Ports & Special Economic Zone. Share Price 1274.60 01:03 PM | 14 Mar 2024 65.05(5.38%) Hero MotoCorp. Share Price 4649.00 01:03 PM | 14 Mar 2024 136.90(3.04%) Hindalco Industries. Share Price 522.00 01:03 PM | 14 Mar 2024 15.00(2.96%) Infosys. Share Price … Read more
Bajaj Auto. Share Price 8363.60 10:04 AM | 16 Feb 2024 240.56(2.97%) Tata Motors. Share Price 944.60 10:04 AM | 16 Feb 2024 24.06(2.62%) Bharat Petroleum Corporation. Share Price 668.95 10:04 AM | 16 Feb 2024 16.21(2.49%) Maruti Suzuki India. Share Price 11350.00 10:04 AM | 16 Feb 2024 259.75(2.35%) Eicher Motors. Share Price 3981.95 … Read more
“If we see that whatever the slippage happened in the Rs 1390 crores, out of that 45% of this slippage happened in the October month, which in that the two causes we mentioned about it,” says Chandra Shekhar Ghosh, MD & CEO, Bandhan Bank.Well, the credit cost this quarter has remained quite stable. But if … Read more
Brokerage firm Macquarie maintained a neutral rating on Bandhan Bank, Divi’s Laboratories recommended a sell rating on Divi’s Laboratories, BofA Securities recommended a buy on Biocon, and JPMorgan upgraded LIC to overweight. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Macquarie on Bandhan Bank: Neutral| Target Rs … Read more
The Reserve Bank of India (RBI) has said the economy will expand at 7% in FY25, at world-leading rates for the second straight year running, as corporate investments follow state-led capital expenditure in boosting demand across sectors in the world’s most populous country. The optimism also led the central bank to revise the quarterly GDP … Read more