Welcome to ETMarkets Watch, your daily wrap-up to the day on Dalal Street. I am Nikhil Agarwal.It was a winning week for Dalal Street investors after months of tumult in the markets. Domestic benchmark indices gained for the sixth day in a…
Mumbai: Banks are unlikely to take a big hit on profitability this quarter due to rising bond yields, which may eat up 5.3 per cent (Rs 11,790 crore) of their net income in the worst-case scenario, according to a report. In the worst-case…
New Delhi: Banking stocks are among the worst victims of the latest mayhem on the Dalal street. Stocks pertaining to the sector, whether private or public, have taken a big blow from their peak, hitting their 52-week low.
Nifty Bank - the…
After plummeting 1,255 points on Thursday, the BSE Bankex lost further ground on Friday as it fell 498 points, wiping out a total market capitalisation to the tune of Rs 1.1 trillion.
The slide on Friday began after State Bank of India…
Shares of interest rate sensitive sectors were under severe pressure on Monday, with financials including banks, non banking finance companies (NBFCs), housing finance…
All is not well for pharma major Lupin and that is visible in the company's share performance.
The scrip has been falling for the past three sessions, with the fall getting exacerbated on Monday. The stock touched a new 52-week low in…
Technical analysts see the Nifty finding resistance around 17,800 this week. Banking stocks are looking strong on technical charts ahead of the Reserve Bank of India’s monetary policy meeting outcome on Thursday, they said. The Nifty ended…
"We expect HCL Tech and to outperform in the largecap IT space. In the midcap space, a couple of large names like Zensar should do well," says Rahul Shah, Motilal Oswal Financial Services. Edited excerpts:
Three IT bellwethers - , Infosys…
Anticipating very high volatility going into Wednesday and post the press conference, the markets will settle for the rest of the year, says market expert Ajay Bagga.
Despite marginal FIIs selling markets have gone up. What does this tell…