Tuesday, 18 December 2018

Nifty PSU Bank index gains; Union Bank of India up 3%

The Nifty PSU Bank index gained for the sixth consecutive session in an otherwise weak market. The index has been rising since Shaktikanta Das was named the 25th governor of the Reserve Bank of India last week after the sudden exit of former Governor Urjit Patel.


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Bombay Dyeing hits 5% upper circuit as firm decides to shut down subsidiary

Shares of Bombay Dyeing & Mfg Company hit the upper circuit of 5 per cent after the textile company decided to shut down its loss-making Indonesian subsidiary PT Five Star Textile Indonesia (PTFS).


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IL&FS Transportation hits upper circuit as parent firm initiates divestment

Shares of IL&FS Transportation Networks (ITNL) hit upper circuit limit of 5 per cent to Rs 11.55 on Tuesday after the Infrastructure Leasing and Financial Services (IL&FS) board said it has initiated the process to explore divestment of the group’s interest in road assets and business.


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IT stocks under pressure; Infosys, Wipro down 2%

Shares of information technology (IT) companies were under pressure with Nifty IT index falling over 1% on Tuesday after Wall Street’s all major indices slid more than 2% on Monday, amid concerns about slowing economic growth ahead of a highly anticipated decision from the Federal Reserve on the course of US interest-rate hikes. The FOMC is scheduled to meet on Tuesday and Wednesday.


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Monday, 17 December 2018

IOC के शेयर बायबैक से क्या रिटेल निवेशकों को होगा फायदा?

इंडियन ऑयल कॉर्पोरेशन (IOC) के शेयर बायबैक ऑफर का फायदा छोटे शेयरधारक उठा सकते हैं. कंपनी अगले तीन महीनों में अपने शेयर निवेशकों से खरीदेगी. विश्लेषकों का कहना है कि छोटे निवेशक इस बायबैक ऑफर में 12 फीसदी मुनाफा कमा सकते हैं.


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Bandhan Bank surges 19% in four days after RBI nod for opening new branches

Shares of Bandhan Bank were trading higher for the fourth straight session, rising 4% to Rs 556 on the BSE, after the Kolkata-based private sector lender received prior approval from the Reserve Bank of India (RBI) to open new branches.


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Power Grid shares rise on heavy volumes

Shares of Power Grid Corporation of India (PGCIL) rose 2.5% in Monday's trade on the back of heavy volumes and after brokerage firm CLSA retained its bullish stance on the company despite the new tariff norms.


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