Tag Archives: focus

IDBI Bank to close loss-making branches, limit NPAs and focus on retail to get out of PCA: Deputy MD

IDBI Bank hopes to come out of the regulatory restrictive Prompt Corrective Action (PCA) after taking a host of measures, including closure/merger of branches, conversion of 31 loss-making branches into outlets, divestment in non-core assets, setting up of separate stressed assets management group and focus on retail and good quality corporate business. Amid talks of part stake sale by the ... Read More »

Stocks in focus on April 09, 2018

NEW DELHI: The domestic equity market is likely to see a negative opening on Monday, tracking weak global cues. At 08:25 am, the Nifty50 futures of SGX were trading 45.50 points or 0.44 per cent lower at 10,296.50. Here is a list of top stocks that are likely to be in focus in today’s trading session. Binani Industries: Binani Industries has decided to ... Read More »

Top stocks in focus on 16 February 2018

NEW DELHI: Domestic market is likely to see a positive opening on Friday , tracking Nifty50 futures on the Singapore Stock Exchange (SGX Nifty) and cues from other Asian markets. Nifty futures on the Singapore Stock Exchange were trading 31 points, or 0.29 per cent, higher at 10,588, indicating a positive opening start for the Nifty50 in India. Here is a list ... Read More »

Buy, Sell, Hold: 6 stocks are in focus on January 23, 2018

Brokerage: Credit Suisse | Rating: Underperform | Target: Raised to Rs 1,100 The global research firm said that volume growth was much lower than historical trends. It has lowered earnings by 3-4 percent and said that the firm must take a price hike to stem margin decline. Brokerage: Citi | Rating: Sell | Target: Rs 1,080 global financial services firm ... Read More »

Top stocks in focus on 04 January 2018

NEW DELHI: Domestic equity markets are likely to see a flat to positive start on Thursday, tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty) and global cues. At 8.12 am, Nifty futures trading on SGX were trading 19.50 points, or 0.19 per cent, higher at 10,498.50, indicating a positive start for the Nifty50. Here is a list of top stocks ... Read More »

Buy, Sell, Hold: Here are 6 stocks that are in focus today

Brokerage: CLSA | Rating: Buy | Target: Rs 905 The global research firm said that outlook for exports has improved significantly. It sees demand picking up in key industrial export segments and a strong 34 percent EPS CAGR over FY17-20. The brokerage said that the firm had valuations at 30x one-year forward PE are not cheap but should sustain. Dish ... Read More »

Top stocks in focus on Monday, 25 September, 2017

Now-hot-now-cold war cries on the Korean Peninsula, distress signs in the domestic economy and rapid exit of foreign portfolio money all hemmed in to drag the domestic stock market last week, and mutual funds were no longer able to cushion that fall. For some, it’s a wait-and-watch situation now; for others, it’s a stock-picking opportunity. We scoured news sources for events and triggers that ... Read More »

Market Live: Sensex gains, Nifty above 10100; Reliance up 3%, pharma in focus

The benchmark indices are trading firm with Nifty trading above 10100 level. The Sensex was up 78.63 points at 32237.29, and the Nifty was up 15.50 points at 10108.55. About 1234 shares have advanced, 950 shares declined, and 115 shares are unchanged. Reliance Indistries, Sun Pharma, Dr Reddys Labs, M&M, BHEL, Tata Power and Bank of Baroda are top gainers ... Read More »

Focus on cleaning bank books, rather than mergers: Raghuram Rajan

In an interview, former RBI Governor Raghuram Rajan elaborates on his stint and nuances of monetary policy Former RBI governor, Raghuram Rajan’s latest book, I Do What I Do: On Reform, Rhetoric and Resolve, was launched on Tuesday. Ahead of the launch he spoke to BusinessLine on a wide range of subjects from tackling the NPA mess and independence of the RBI to ... Read More »

Top stocks in focus on Tuesday, 22 August 2017

Here is a list of top stocks that are likely to be in focus in today’s trading session. NEW DELHI: Domestic equity markets are likely to open on a negative note on Tuesday, tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty) and mixed global cues. SGX Nifty was down 67.50 points, or 0.69 per cent, at 9,782 around 7.50 am ... Read More »