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Nov 19, 2018

RBI decision to ease capital norms credit negative for banks: Moody's

The Reserve Bank of India's decision to allow lenders more time to adhere to additional capital buffer norms under Basel 3 is credit negative for the country's state-run banks, Moody's Investors Service said in a release on Tuesday. The RBI after a nine-hour marathon board meeting announced late...
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Sensex ends over 300 points higher, Nifty above 10,750; consumption, metals gain big

Market at Close It’s a strong start to the week, with the Sensex ending over 300 points higher, while the Nifty surged past 10,750 on the back of intense buying.  Buying counters were buzzing among sectors such as automobiles, consumption, energy, infrastructure, IT, metals and pharmaceuticals...
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Nov 18, 2018

Sensex off highs, Nifty continues to hold 10,700; PSU banks fall

Market opens: Equity benchmarks have opened higher on Monday with Nifty is well above 10,700 mark, while Sensex also gained more than 150 points. At 09:16 hrs, the Sensex is up 160.65 points at 35,617.81, while Nifty is up 40.60 points at 10722.80. About 536 shares have advanced, 231 shares declined,...
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