In all, these three entities have added Rs 5.8 trillion to their m-cap during the period, against a Rs 11.3-trillion rise in the incremental m-cap of all 30 Sensex companies
Though stock gained over 6%, Q4 numbers gave investors nothing to cheer about
Muted lending and subdued cross-selling amidst extended lockdown to hurt fee income and earnings
After dropping 6% a day earlier, the markets attempted to rebound with the Sensex gaining as much as 550 points intra-day amid gains in the global markets
SBI, ICICI Bank, IndusInd downgraded; only HDFC Bank in 'buy' category
Larger challenge is to communicate to borrowers the difference between moratorium and waiver, say lenders
With malls and shops closed, spending avenues are practically non-existent.
Among sectoral indices, Nifty Metal index was the top gainer - up 3.74 per cent at 1,724 levels, followed by Nifty Financial Service index (up 3.43 per cent)
The bank's slippages moderated significantly in March, but provisioning costs because of the coronavirus rose.
Lenders are staring at unexpected asset quality losses due to the slowdown in economic activity after the countrywide lockdown.
The weight of FMCG, software and pharma companies in Nifty now at 31.5% from 25.3% in December 2017
Educated in Mumbai, where his father worked on Dalal Street, Damani dropped out of college after studying commerce for a year.
Investment values Jio Platforms at Rs 4.36 trn; US giant gets 9.99% stake, board seat; collaboration is non-exclusive
Today, IT giant Infosys is scheduled to come out with its Q4 numbers and analysts are penciling in a 1 per cent QoQ hit in its revenue growth in constant currency terms for the quarter
Till April 19, only 41 out of the 3,947 companies listed on the BSE have managed to finalise the dates for the declaration of their yearly financial results.
Until now, Chinese investments were automatically allowed, similar to those from other nations, in all but 16 sectors, such as telecom, defence, and national security.
It is one of the most coveted jobs in the Indian banking sector and market watchers are keenly awaiting who will be the chosen appointee.
It had reported a pre-tax profit of Rs 8,954.38 crore in the same period last financial year (Q4FY19).
All analysts are optimistic on the stock, which hasn't seen any downgrade so far
HDFC will be in focus in today's session after the People's Bank of China increased its stake in the lending major to 1.01 per cent