Federal Bank: Federal Bank tanks as hopes of Kotak top exec joining fade

Federal Bank: Federal Bank tanks as hopes of Kotak top exec joining fade

Mumbai: Shares of Federal Bank fell 5.3% on Tuesday as the elevation of KVS Manian at Kotak Mahindra Bank dashed expectations of the senior banker joining the Kerala-based lender. The stock had risen recently on reports that Manian is one of the top candidates for Federal Bank’s next chief. “We believe any stock run-up attributed … Read more

Stock: Stock indices drop on concerns over tighter liquidity

Stock: Stock indices drop on concerns over tighter liquidity

Mumbai: India’s benchmark indices shed almost 1% on Thursday as traders were disappointed the RBI in its monetary policy meeting did not ease tight liquidity conditions. Large private banks led the sell-off, while public sector lenders and information technology stocks bucked the weak trend. NSE’s Nifty fell 212.5 points, or 0.97%, to close at 21,717.9. … Read more

These 5 stocks have ‘Sell’ call from Emkay Global. Do you own any? – Bearish View!

These 5 stocks have ‘Sell’ call from Emkay Global. Do you own any? – Bearish View!

Oil And Natural Gas Corporation. Share Price 242.20 02:26 PM | 19 Jan 2024 8.65(3.71%) Bharti Airtel. Share Price 1125.20 02:26 PM | 19 Jan 2024 38.16(3.51%) NTPC. Share Price 308.65 02:26 PM | 19 Jan 2024 9.35(3.13%) Tech Mahindra. Share Price 1390.15 02:26 PM | 19 Jan 2024 35.00(2.59%) Tata Steel. Share Price 134.30 … Read more

nifty record high: Early Christmas party? What exit poll results, GDP data mean for stock investors

nifty record high: Early Christmas party? What exit poll results, GDP data mean for stock investors

While the smallcap and midcap indices have already been hitting new peaks every other day, it took the twin triggers of exit poll and GDP data for Nifty to scale above its previous peak of 20,222 hit on September 15 today. While the Q2 GDP growth rate at 7.6% surpassed all expectations, Street favourite BJP … Read more