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Showing posts with the label financial services

Kotak Mahindra Bank Q3 review: Should you buy, sell or hold the stock?

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Kotak Mahindra Bank Q3 review: Should you buy, sell or hold the stock? Kotak Mahindra Bank, on Monday, reported a jump of 23% year-on-year in its net profit for December quarter at Rs 1,291 crore. The lender had posted a profit of Rs 1,053 crore during the same quarter of last year. Analysts largely remain positive on Kotak Mahindra Bank’s Q3 performance, but believe that its subsidiaries show was a key negative. They remain upbeat on the banking business. Kotak Mahindra Bank, on Monday, reported a jump of 23 percent year-on-year in its net profit for December quarter at Rs 1,291 crore. The lender had posted a profit of Rs 1,053 crore during the same quarter of last year. The net interest income (NII), the difference between interest earned and expended, grew 23 percent YoY at Rs 2,939 crore from Rs 2,394 crore last year. The net interest margin rose to 4.33 percent from 4.20 percent in the previous quarter. On the asset quality front, gross non-performi...

Nifty reclaims 10,700 mark; Tata Motors among top gainers

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Nifty reclaims 10,700 mark; Tata Motors among top gainers Value benchmark lists opened higher on Friday, with the Nifty exchanging over 10,700. The Sensex was up 116 points at 35,630, while the Nifty rose 37 at 10,709. The market broadness was sure with 985 offers progressing, 505 offers declining, and 539 staying unaltered. On the sectoral front, autos, banks, and foundation stocks are exchanging the green, while the IT record is in the negative zone. The rupee opened higher by 24 paise at 69.96/$ in the midst of blended Asian prompts and a decrease in unrefined petroleum costs. Offers of GM Breweries are down over 10% after the organization discharged its Q3 results. Goodbye Motors increased 3.5% subsequent to posting 24% higher JLR US deals for the period of December, according to media reports. Goodbye Motors, Infratel, Indiabulls HF, Bharti Airtel, and NTPC were the best gainers on the Nifty50, while ICICI Bank, HCL Tech, TCS, RIL, and Cipla were exchanging the re...

BSE, NSE shut on Friday for Gurunanak Jayanti

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BSE, NSE shut on Friday for Gurunanak Jayanti On Thursday, equity benchmark indices see off the week on a lower level, with Sensex closing 219 points down at 34,981 levels. Nifty also settled at 10,526 levels, 73 points down. Equity benchmark indices Sensex and Nifty will remain shut on Friday on account of Guru nanak Jayanti. Forex and Commodity markets too will remain close today. Meanwhile, on Thursday, equity benchmark indices see off the week on a lower level, with Sensex closing 219 points down at 34,981 levels. Nifty also settled at 10,526 levels, 73 points down. Markets traded with a negative bias throughout the day as across-the-board short-selling was seen in all the major counters. Metal stocks such as Tata Steel, Hindalco, and Jindal Steel & Power added fresh short positions, as the open interest soared higher along with a fall of ~2% in the underlying price.  Reference : indiainfoline Must Visit : Wealth Research

10 stocks that plunged most on BSE in a positive market

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10 stocks that plunged most on BSE in a positive market NEW DELHI: Indian equity benchmarks Sensex and Nifty were in positive territory following gains in auto, metals and banking stocks amid unabated buying by domestic institutional investors and rupee recovery. Market also cheered RBI's announcement that it will inject liquidity of Rs 12,000 crore into the system through the purchase of government bonds on Thursday to meet the festival season demand for funds. The NSE Nifty index was trading 131 points up at 10,433, while the BSE  .. Mercator was trading 19.93 per cent down at Rs 11.05 . Velan Hotels was trading 13.17 per cent down at Rs 5.47. Chothani Foods was trading 12.50 per cent down at Rs 5.95. Arman Financial Services was trading 11.91 per cent down at Rs 289.80. Prime Urban Development India declined 10.40 per cent to 11.20. Modi Naturals was trading at Rs 63, with a loss of 10 per cent. IL&FS Engineering & Construction Company...

How am i able to ensure of the uncertainties of the stock market?

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How am i able to ensure of the uncertainties of the stock market ?   In the stock exchange there square measure investors World Health Organization take plenty of your time to make your mind up once to take a position so as to urge the simplest quantity of profits out of it. during this case it's vital to understand however you'll be able to get the correct info of the stock exchange that may assist you to form smart profits out of it. just in case you're confused within the market as a result of the assorted stocks then you have got to urge a while to analysis well. this is able to assist you to urge the correct quantity of data and conjointly assist you to form smart financial gain out of it. There are stocks which could cause you to feel that this is able to assist you to urge the correct profits however within the course of your time once you invest you discover that you simply have created an enormous mistake. therefore you have got to require smart and free...

How are you able to realize the proper level of financial gain from the market?

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How are you able to realize the proper level of financial gain from the market? In today’s world the share market plays a really necessary role it's the share market that not solely offers you the information and mercantilism situation of the share however additionally at identical time may be a smart guide into this market situation. during this place it's the market that's giving a far desired financial gain to the folks at giant. The share market is such an area that here we are able to expect the best come back at the shortest purpose of your time. The share market is largely a {web|an internet} gambling channel wherever we are  invariably in a very position to avoid wasting our time and energy however at identical ar in a very position to earn the most quantity of profit inside a shorter span of your time. The share market is like associate degree open game wherever all are given the prospect to surpass however ar useful to those that are smart playe...

Nifty holds 10,600 check; Maruti, Ashok Leyland stocks drag

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 Nifty holds 10,600 check ; Maruti, Ashok Leyland stocks drag Benchmark files pared its opening additions inside minutes on Monday as financial specialists responded to control change in Karnataka after Bhartiya Janta Party neglected to win certainty vote in the Parliament. A positive pattern in worldwide markets, be that as it may, topped the misfortunes. Century Textiles and Industries (CTIL) stock fell 6% after the organization declared to demerge its bond business (13.4MTPA) and combine it with Ultratech, as the organization takes a gander at obligation diminishment and concentrate more on its land business. CTIL goes for opening the estimation of bond business for the investors and deleveraging of the asset report. At 9:48 AM, the Sensex was exchanging at 34,902, up 53 focuses, while the more extensive Nifty 50 was administering at 10,607, up 11 focuses. In the more extensive market, the BSE Midcap and the BSE Smallcap records failed to meet expectations to lose...