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Employees of PSBs go on a two day strike
In the Union Budget presented in February, Finance Minister Nirmala Sitharaman had announced the privatisation of two public sector banks (PSBs)
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Sensex jumps 0.86%, Nifty increases by more than 122 points
Infosys was the top gainer in the Sensex pack, rising over 2%, followed by Bajaj Finance, HCL Tech, Tata Steel, Tech Mahindra and NTPC
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Microfinance industry grew by 5.16% to Rs 2.43 lakh crore
NBFCs accounted for another 6.85% and other MFIs account for 1.05% of the universe, the report said
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Investors bullish, expect market to bounce back: Sanjiv Bhasin
Among NBFCs, we think Cholamandalam Finance would be a dark horse, given that second-hand vehicles are seeing a huge amount of buying and selling
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SBI approves 6% stake sale in mutual fund
Currently, SBI holds 63% stake in SBIFMPL and the 37% stake is held by AMUNDI Asset Management through a wholly-owned subsidiary, Amundi India Holding
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Markets turn volatile ahead of Fed announcement
In opening trades, Sensex slipped 125 points or 0.22% to 57,991. Similarly, Nifty was quoting at 17,304 declining 20 points or 0.12%.
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Sensex, Nifty may open lower
The Fed will conclude its two-day policy meeting on Wednesday later, and central bank Chair Jerome Powell is set to speak at a press conference.
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Trading ideas: four stock recommendations for Wednesday
Religare Broking is bullish on PI Industries with a price target of Rs 3,050 per share.
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Centre earned more than Rs 8 lakh cr in fuel taxes in last 3 fiscals: Sitharaman
The excise duty on petrol rose from Rs 19.48 per litre as on October 5, 2018 to Rs 27.90 a litre as on November 4, 2021
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Sebi issues clarifications on RTAs
With regard to nomination by holders of physical securities, Sebi said nomination form will be sent out to the security holder accounts in two phases
