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Share market update: Consumer Durables shares trade lower; VIP Industries dips 2%
The S&P BSE Consumer Durables index was trading 0.55 per cent down at 25,690.57.
Share market update: PSU bank shares fall; Syndicate Bank down 3%
The Nifty PSU Bank index was trading 0.94 per cent down at 2428.9.
Next round of fundraising likely at end of 2020: Shyam Srinivasan, MD & CEO, Federal Bank
Given the external situation, our performance on mo...
Buy Dr. Reddy's Laboratories, price target Rs 3,160: Chandan Taparia
The analyst suggested a stoploss at Rs 3010 .
Share market update: Bank shares slip; RBL Bank dips over 2%
The Nifty Bank index was trading 0.38 per cent down at 31,471.65.
Sell Punjab National Bank, price target Rs 58.5 : Kunal Bothra
The analyst suggested a stoploss at Rs 63 .
Emkay Securities maintains sell on L&T Finance, target price Rs 98
The brokerage said it remains skeptical about uncertainty and volatility in the business model of the company.
Anand Rathi Securities maintains buy on South Indian Bank, target price Rs 16
The brokerage expects the credit costs of the bank to normalize on account of asset quality stablisation and lower slippages.
SBICAP Securities maintains buy on Jindal Steel & Power, target price Rs 225
The company has showcased its ability to strengthen its balance sheet by reducing debt and continues to be on a deleveraging path.
HDFC Securities maintains neutral on Reliance Industries, target price Rs 1,562
According to the brokerage, RIL posted underwhelming results in third quarter as operating profit reported was 10% lower than HDFC Securities’ estimates.
Xiaomi, Samsung market share rises, Realme slips
Xiaomi and Samsung increased their respective market shares after the festive season from September till November 2019, while BBK Electronics-led Realme became the only brand which lost significant market share for the same period, according to IDC data.
Bharti Airtel shares could surge upto 8%
On technical charts, the stock is moving up after a consolidation over a 10-year period.
Stocks in the news: RIL, HDFC Bank, Lupin, TCS, Kotak Bank, HCL Tech and Just Dial
Moody's Investors Service placed YES Bank's long-term foreign currency issuer rating of B2 under review.
Vodafone Idea, Airtel gain up to 22% as SC accepts fresh pleas on AGR dues
This implies that the telcos do not have to pay their statuary dues by January 23.
Share market update: Nifty Energy Index down; IOC falls 4%
The Nifty Energy index was trading 0.68 per cent down at 15,967.55.
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