Tag: SBI

Daily Market Highlights Jul 27

Previous Day Market Sensex Closed At 52,852.27 down  by 123.53  points  Nifty Closed At 15,824.45 down by 31.60 points  Tata Motors reported net loss of Rs.4,451 crore for the Jun-21 quarter, surely narrower than the loss of Rs.8,444 crore reported in Jun-20 quarter. A severe shortage of microchips dented volumes and had a negative impact

Daily Market Highlights JUN 21

Previous Day Market Sensex closed at 52,344.45 up by 21.12 points Nifty closed at 15,683.35 down by 8.05 points In an asset attachment threat to the Indian government-owned companies issued by Cairn Energy PLC, Air India has time till mid-July to challenge the lawsuit. Based on an arbitral award, Cairn is seeking to recover $1.26

Weekly Capsule (May 17 – May 21)

News Announcement Impact Analysis ·        RBI to transfer Rs.99,122 crore to the government as surplus for FY21 ·        The surplus was larger this time due to recent change in the RBI’s accounting policy for forex gains during the year ·        The RBI will hold the contingency risk buffer of 5.5% as the central bank transitions

Weekly Trigger (May 17 – May 27)

Trigger for the Week How will it impact? ·        Nifty continues to face resistance at around the 15,000 levels ·        Despite VIX staying close to the 20 levels, the Nifty level of 15,000 will remain the big resistance for Nifty ·        COVID cases let up, but rural spread a worry for markets ·        Rural spread

Daily Market Update Apr 28

Previous Day Market Sensex closed at 48,944.14 up by 557.63 pointsNifty closed at 14,653.05 up by 168.05 points SBI central board will shortly consider raising up to $2 billion via the issue of bonds in the current fiscal year. The decision is expected in the meeting of the Central Board scheduled on 28 April. The

Daily Market Update – APR 16

Previous Market Closed Sensex closed at 48,803.68 up by 259.62 pointsNifty closed at 14,581.45 up by 76.65 points Wipro reported 27.8% higher net profit of Rs.2,972 crore for the Mar-21 quarter, on the back of better operating margins during the quarter. However, the sequential profits were almost flat. Revenues were up just 3.4% at Rs.16,245

Daily Market Update FEB 11

Bank of India reported a 341% jump in Q3 net profit for the Dec-20 quarter at Rs.610 crore. This was largely on the back of lower provisioning. Total revenues were 7.9% lower at Rs.12,373 crore. The treasury income was up sharply and retail banking income was flat but pressure came from corporate banking income, which