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Morgan Stanley has upgraded its outlook by 13% for large private sectors banks in India. The global brokerage firm believes that the sector will witness next leg of re-rating cycle as the debate in Indian banks has quickly shifted from impaired loans to growth. Large private banks have emerged stronger post-crisis as balance sheets are […]
Shares of Ircon International slumped 10.57% to Rs 95.15 after the company said its board deferred the agenda to issue bonus shares.
Axis Bank, ICICI Bank, SBI, Bajaj Finance and IndusInd Bank were among major gainers on the Nifty.
In an interview with Money9, BSE MD and CEO Ashishkumar Chauhan, however, said the percentage of people investing in equity products has seen a rapid increase in the last few years
Varun Beverages Ltd is quoting at Rs 925.25, up 1.38% on the day as on 12:49 IST on the NSE. The stock is up 14.89% in last one year as compared to a 27.07% spurt in NIFTY
Procter & Gamble Hygiene and Health Care Ltd is quoting at Rs 13700, up 1.83% on the day as on 12:49 IST on the NSE. The stock is up 20.05% in last one year as compared to a 27.07% spurt in NIFTY
Axis Bank Ltd is quoting at Rs 773, up 3.01% on the day as on 12:49 IST on the NSE. The stock is up 4.69% in last one year as compared to a 27.07% jump in NIFTY and a 20.32% jump in the Nifty Bank index
Central Depository Services (India) jumped 7.19% to Rs 576.75 after the company said it became the first depository to open three crore plus active demat accounts.
RailTel has fixed a price band of Rs 93-94 for the IPO and investors can bid for a minimum lot of 155 shares and in multiples thereof.
Shares of the company are proposed to be listed on BSE and NSE both