Syndicate Bank Share Price @Nine-Year Low After Reporting Loss In March Quarter – Block Deal Alert: Federal Bank

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.        

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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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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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