Federal Bank on Saturday reported two-fold jump in net profit for the March quarter at Rs381.5Crore due to higher interest income and lower provisioning. The bank had posted a standalone net profit of Rs144.99-Crore in the Q4FY2018 fiscal. Total income Read more
Stock market indices ended in the negative territory after a volatile session as selling pressure witnessed in TCS, HUL, and Infosys. At closing hours, the BSE Sensex was down 18 points at 38,963.26, while Nifty was down 12.50 points at Read more
Nifty bank index declined 0.68percent at 26,867.55 on the weekend Friday, 22-February, the index pulled by Kotak Bank, HDFC Bank, IndusInd Bank and Bank of Baroda The Weekly top losers on Bank Nifty are Kotak Mahindra Bank, IndusInd Bank, Federal Read more
Stocks in Auto companies will be in focus since they are set to declare their monthly sales figures for December.
Appointment Shaktikanta Das as the new Governor of the Reserve Bank of India (RBI) has been a boost to banking sector shares.
Share benchmarks have closed on a lower note on Wednesday, amid investors keenly awaited for cues from US Fed meeting that ends later today. The BSE Sensex fell 109.79 points to 36,542.27 while the Nifty50 index fell 13.70 points to 11,053.80.
Indiabulls Housing Finance, UPL, Vedanta, Titan, Hindalco were among major gainers on the NSE, while Tata Motors, SBI, Bharti Infrael, ITC and Wipro were top losers.