Tag: ICICI Bank

Daily Market Update May 3

Previous Day Market Sensex closed at 48,782.36 down by 983.58 points Nifty closed at 14,631.10 down by 263.80 points Five states have given out clear messages in assembly elections. While the DMK swept Tamil Nadu and the LDF took Kerala, there was little surprise that the BJP dominated Assam and Puducherry. The big bet was

Weekly Triggers (Apr 19 – Apr 23)

Trigger for the Week How will it impact? ·        Market weakness continued during the previous week across sectors ·        Sensex lost 759 points and Nifty 217 points as all sectors, other than pharmaceuticals, ended in the red ·        Technology stocks came under pressure after Q4 results ·        While IT profits grew on YOY basis, they

Daily Market Update MAR 30

Previous Market Closed  Nifty Closed at 14507.30 up by 182.4 points Sensex Closed at 49,008.50 down by 568.38 points Last year, zero-coupon bonds or deep discount bonds was a favourite instrument of the Indian government to recapitalize the banks, as it did not create immediate liability. However, after the concerns expressed by the RBI, the government may choose to

Daily Market Update FEB 15

The government has committed to infuse Rs.3,000 crore as capital into the state owned general insurers so as to boost their capital buffers. These state owned insurers that will get funding support include National Insurance, Oriental Insurance and United India Assurance. It may be recollected that GIC Re and New India Assurance are already listed