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Union Bank Of India Slumps After Asset Quality Worsens In Q4

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Gold Silver Reports (GSR) – Union Bank Of India Slumps After Asset Quality Worsens In Q4 – Shares of the Mumbai-based public-sector lender fell as much as 4.97 percent to Rs 83.20 after it reported a loss for the third straight quarter as asset quality deteriorated and provisions against bad loans surged.       

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Fortis Healthcare Falls After Board Backs Munjal-Burman Offer

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Gold Silver Reports (GSR) – Fortis Healthcare Falls After Board Backs Munjal-Burman Offer – Shares of the country’s second largest hospital chain operator fell as much as 3.2 percent to Rs 148 after its board said it will recommend the offer proposed by the Munjal and the Burman family offices for the healthcare chain’s hospital and diagnostics businesses.                          

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Stocks To Watch: Asian Paints, Canara Bank, Fortis, PC Jeweller

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Gold Silver Reports (GSR) – Stocks To Watch: Asian Paints, Canara Bank, Fortis, PC Jeweller – Indian equity benchmarks halted their three-day gains dragged by Tata Motors, Sun Pharma, ITC and TCS. The S&P BSE Sensex fell 0.21 percent or 73 points to 35,246 and the NSE Nifty 50 index slipped 0.23 percent or 25 points to 10,716.         

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