Top officials of SBI and Investec held talks recently, but the structure of the deal could not be ascertained.
Some of the behavioural changes reflect their confusion about the length of this slowdown.
It needs to be clear that there are no indications of stress in these companies.
HDFC 2020 papers were valued at 9.37 per cent, while Reliance Capital’s 2026 securities were valued at 8.55 per cent.
This means investors can expect another 5 per cent-7 per cent gain soon after the 5 per cent run-up on Friday.
At current price, Axis Bank’s M-Cap is Rs 1.67 lakh crore.
Part of Anil Ambani group's plan to prune non-core assets after IL&FS crisis
Speculation was that the group was uncomfortable with the growing losses at MyUniverse.
To repeat one of Dalal Street’s favourite clichés, the announcement only gave investors a reason to sell.
The correction which you are seeing is the actual decline in the consumer demand.
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