Dalal Street’s top stock picker Saurabh Mukherjea, who handles HNI money worth around Rs 8,500 crore in his PMS firm Marcellus, has picked three new stocks in his portfolio recently – City Union Bank, Tube Investments, and Narayana Hrudayalaya. While adding the smallcap City Union Bank to his financials-focused Kings of Capital Portfolio (KCP) fund, … Read more
Indian market is expected to open higher on Friday tracking positive global cues. The Nifty future closed positive with gains of 0.28% at 21983 levels on Thursday. India VIX was down by 4.65% from 16.33 to 15.57 levels. Volatility cooled off after steaming in the entire week and paved the way for the bulls in … Read more
MUMBAI: RBI has penalised three major lenders – SBI, Canara Bank, and City Union Bank – for violating RBI norms. These fines come after an inspection of their books as of March 2022.SBI has been fined Rs 2 crore for holding shares exceeding 30% of certain companies’ paid-up share capital, violating RBI regulations, and for … Read more
The Nifty future closed negative with losses of 0.28% at 19750 levels on Monday. Positive setup was seen in stocks like Indus Tower, PFC, Balrampur Chini, CUB, Indian Hotel, REC Ltd etc. India VIX was up by 2.68% from 11.83 to 12.14 levels on Monday. Volatility was slightly higher but the overall market was in … Read more
SBI Life Share Price 1413.95 03:58 PM | 17 Nov 2023 54.00(3.97%) HDFC LIFE INSURANCE Share Price 651.80 03:59 PM | 17 Nov 2023 16.85(2.65%) Apollo Hospitals Enterprises Share Price 5478.95 03:58 PM | 17 Nov 2023 140.20(2.63%) Larsen & Toubro Share Price 3109.00 03:59 PM | 17 Nov 2023 57.85(1.90%) Hero MotoCorp Share Price … Read more
The Indian market is expected to consolidate on Friday tracking muted global cues. The S&P BSE Sensex rose more than 300 points while the Nifty50 closed above 19700 levels on Thursday. The Nifty future closed positive with gains of 0.5% at 19835 levels. Positive setup was seen in Manappuram, Coforge, Hero MotoCorp, Dixon Technologies, HCL … Read more
City Union Bank Ltd, part of the private sector banking space, has fallen by about 30% from December 2022 highs but the stock gave a breakout from a channel pattern last week which has opened room for the stock to head higher. As long as the stock stays above 136-140, bulls will be able to … Read more