Sensex catches global flu, falls 392 pts, Nifty below 11,700
CLOSING BELL: Sensex catches global flu, falls 392 pts on Day 4 of losing streak...
Stock market update: Bank shares slump; IndusInd Bank dips 2%
The Nifty Bank index was trading 0.54 per cent down at 30,268.85.
Stock market update: Private banks tumble; IndusInd Bank dips 2%
The Nifty Private Bank index was trading 0.68 per cent down at 16,477.05.
Tech View: Nifty50 forms bearish candle; bears to rule below 11,800
Nifty closing below its long-term average of 11,686 does not augur well for the bulls.
Stocks in the news: SBI, Bharti Airtel, Vodafone Idea, HUL, Apollo Tyres, IDBI Bank
Apollo Tyres said global PE firm Warburg Pincus will invest $150 million in the company
Stocks in the news: Bandhan Bank, Voda Idea, YES Bank, IRB Infra and BPCL
BPCL has procured 500 million barrels of distress crude (five shiploads) at a discount of $3-5 per barrel.
IRB Infra to prepay loans from Rs 3,800-crore InvIT play by GIC
This would help the company reduce interest outgo by Rs 300-350 crore, sources told ET. It will use Rs 3,000 crore out of the total proceeds to prepay loans.
Jhunjhunwala co, others in race for IDBI Federal stake
The three shortlisted bidders have bid for up to 74% stake in the life insurance company.
Bandhan Bank, HDFC Life Insurance, Info Edge gain on inclusion in F&O segment
NSE said the futures and options contracts on these companies would be available from February 28.
No uncertainty on bank merger; going on as per schedule: FM Nirmala Sitharaman
"So the merger and the decision taken by respective banks board are all well taken. We are going as per schedule on that. There is no uncertainty on that. I am on course. There need not be speculation," she said after unveiling EASE 3.0, the PSB Reforms Agenda 2020-21 and the PSB EASE Reforms Annual Report 2019-20.
Aditya Puri squelches speculation over differences with Deepak Parekh
Industry is keenly watching the succession at HDFC Bank as Aditya Puri steps down in October.
GDP growth in Q3 likely to stay flat at 4.5 per cent: Economists
India’s economic growth slipped to a 26-quarter low of 4.5% in July-September from 5% in the first quarter. The statistics office lowered the FY19 GDP growth rate to 6.1% from the provisional estimate of 6.8% and has forecast 5% growth in FY20, its slowest pace in 11 years.
Nifty can head higher if it holds above 12,000
Stocks that can be traded with positive bias are Voltas, SBI, ICICI Bank, STFC and TVS Motor.
Sensex falls 385 points, Nifty below 11,700 as coronavirus fears hit risk appetite
Sensex tanks 385 points, Nifty slips below 11,700 as coronavirus fears hit risk appetite; Vodafone Idea tumbles 7%, Bandhan Bank jumps 4%.Se...
Nifty below 11,750, Sensex sheds 250 points as coronavirus fears grow
Equity indices saw gap down start to the session but soon pared losses partially.
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