Gold Silver Reports (GSR) – Syndicate Bank @Nine-Year Low After Reporting Loss In March Quarter – Shares of the Manipal-based public lender fell as much as 7.3 percent to Rs 46.5, lowest since March 2009. Syndicate Bank reported a net loss of Rs 2,195.1 crore in the March-ended quarter due to high bad loans that required higher provisioning. The bank had reported a net profit of Rs 103.8 in the corresponding quarter last year. Provisions during the quarter stood at Rs 3,544.7 crore.
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Stocks To Watch: RCom, Hindalco, ITC, JSW Steel, Tata Steel
Gold Silver Reports (GSR) – Stocks To Watch: RCom, Hindalco, ITC, JSW Steel, Tata Steel – Indian equity benchmarks edged lower after the Bharatiya Janata Party’s lead diminished from the halfway mark while Congress struck a post-poll alliance with the Janata Dal (Secular) in Karnataka. The S&P BSE Sensex ended little changed at 35,543.94 and the NSE Nifty 50 index closed at 10,802.
Sensex, Nifty Extend Gains As BJP Leads On 110 Seats
Gold Silver Reports (GSR) – Sensex, Nifty Extend Gains As BJP (Karnataka Election Results 2018) Leads On 100 Seats – The Indian equity benchmarks extended gains led by strong gains in banking shares as BJP was seen leading on 100 seats in Karnataka. The S&P BSE Sensex …
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Sensex, Nifty Pause Ahead Of Karnataka Poll Outcome
Gold Silver Reports (GSR) – Sensex, Nifty Pause Ahead Of Karnataka Poll Outcome — The NSE Nifty 50 index was unchanged at 10,806.60 and the S&P BSE Sensex was little changed at 35,557. The mid- and small-cap shares underperformed their larger peers as the S&P BSE MidCap index fell 0.9 percent and the S&P BSE SmallCap index tumbled 1 percent.
TITAN Below 952 We See Big Down Fall Target, Tips By Neal Bhai MFA Technical Analyst
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Drugmakers Rise Led by Sun Pharma, Dr Reddy’s Labs; Allahabad Bank Slumps On Reporting Loss In Q4
Gold Silver Reports (GSR) – Drugmakers Rise Led by Sun Pharma, Dr Reddy’s Labs – Shares of drug manufacturers were witnessing buying interest. The gauge of pharma companies on the National Stock Exchange — Nifty pharma index was the top sectoral gainer, up over 1.5 percent led by Sun Pharma, Dr. Reddy’s …
Stocks To Watch: Allahabad Bank, Canara Bank, HUL, Dena Bank, Sun TV
Gold Silver Repots (GSR) – Stocks To Watch: Allahabad Bank, Canara Bank, HUL, Dena Bank, Sun TV – Asian stocks had a muted start to trading today after the biggest weekly advance since February last week. Futures in Japan, Australia and Hong Kong all little changed. Focus in the region turns to Malaysia, where markets open for the first time since last week’s historic election. Emerging market shares posted their first weekly gain in four weeks.
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Canara Bank Posts A Loss As Provisions Surge Threefold In March Quarter
Gold Silver Reports (GSR) – Canara Bank Posts A Loss As Provisions Surge Threefold In March Quarter — Asset quality deteriorated as gross bad loans rose to 11.84 percent of total assets afrom 10.38 percent in the previous quarter. Ratio of net non-performing assets increased to 7.48 percent from 6.78 percent on a sequential basis.