Indian benchmark indices Sensex and Nifty ended marginally higher on August 16 as intraday gains registered by ITC, Axis Bank and Maruti Suzuki were largely offset by losses in Tata Consultancy Services, Reliance Industries and HDFC shares.The market remained choppy throughout the session as sentiment remained fragile on lingering concerns over a slowdown in the economy, lacklustre June quarter earnings and weak global sentiment in the light of US-China trade war.Close Experts opined that the upward movement in the near future will remain capped due to weak consumer demand and uninspiring earnings. related news Market Live: Sensex, Nifty erase gains following inflation data; Airtel, IndusInd Bank top drags Hot Stocks: Nifty50 may have made a short-term top near 12,000 levels Early on D-Street | Nifty vulnerable for more downsides unless it closes above 11,950 “Consumer demand has continued to weaken in recent months. The earnings season was not … [Read more...] about An evening walk down D-St: Sensex, Nifty end marginally higher; Yes Bank jumps 4%
After three days of gains, Sensex ended in negative on August 20, dragged by losses in bank, financial and energy heavyweights, including Reliance Industries, ICICI Bank and HDFC.After opening with gains, the market benchmark kept trading flat as investors kept awaiting government's clarity on reports of a corporate tax rate cut. Besides, the government is yet to reveal its cards on widely anticipated fiscal stimulus measure which is keeping investors on tenterhooks.Close "The market is awaiting a concrete move by the government on the front of economy. Also, there must be more clarity on the magnitude and timing of the reduction in tax rates," said Pankaj Pandey, Head of Research at ICICI Securities. related news Market Live: Sensex, Nifty erase gains following inflation data; Airtel, IndusInd Bank top drags Hot Stocks: Nifty50 may have made a short-term top near 12,000 levels Early on D-Street | Nifty vulnerable for more downsides unless it closes above 11,950 The … [Read more...] about An evening walk down D-St: Sensex, Nifty snap 3-day winning run; Yes Bank, DHFL fall up to 7%
Falling for the second consecutive day, benchmark indices Sensex and Nifty settled in the red on August 21, dragged by losses in shares of select heavyweights, including ITC, HDFC and Larsen & Toubro.Barring some gains in the first half, sentiment remained sombre for the session. Sensex remained in the negative amid mixed global cues.Close "The market is reeling under pressure as there is no positive trigger to lift the sentiment. Unless the government reveals its cards on economic stimulus and reforms, the sentiment will remain weak," said Rusmik Oza, Senior VP and Head of Fundamental Research at Kotak Securities. related news Market Live: Sensex, Nifty erase gains following inflation data; Airtel, IndusInd Bank top drags Hot Stocks: Nifty50 may have made a short-term top near 12,000 levels Early on D-Street | Nifty vulnerable for more downsides unless it closes above 11,950 The Sensex closed 268 points, or 0.72 percent, lower at 37,060.37, with 22 stocks … [Read more...] about An evening walk down D-St: Sensex, Nifty fall for 2nd day in a row; Yes Bank, Tata Motors crash
Once you apply for a home loan from a bank or a non-banking finance company (NBFC), one of the things you are required to constantly check up on is your home loan application status. You can do this through the bank or NBFC’s online portal or an app that can be downloaded on your mobile phone. This also increases the transparency on the bank’s part, as you know your situation as to whether your home loan will be accepted or rejected.Each bank and non-banking finance company has a specific set of requirements when it comes to checking your home loan application status. However, the following steps are commonClose -Your will be required to visit the bank or NBFC’s website related news Hybrid Funds: Get complete guide on Hybrid Mutual Fund Home Loan types: Different types of Hosing Loan in India -Here, you go to the home loan-In the home loan section, you can click on the home loan status-You are usually redirected to a new page where you enter your … [Read more...] about Home Loan status: How to check Home Loan application status?
The market was under pressure in July, due to renewed worries over the US-China trade war, concerns over economic slowdown and the income-tax surcharge on foreign portfolio investors.The mutual fund (MF) industry also experienced the heat of selloff. Nevertheless, it still fared better than the pack of heavyweights in Nifty.In July 2019, cumulative equity assets under management (AUM) stood at Rs 6,84,200 crore, down 5.46 percent while the benchmark Nifty corrected by 5.7 percent.Close As per data from Edelweiss Securities, the major contribution to the inflows of equity schemes came from large cap, focused, mid cap and small cap funds to the tune of Rs 6,000 crore. related news Banking wrap: RBI hikes deposit withdrawal limit for PMC Bank customers; lenders count on realty fund for NPA relief ICICI Bank expands branch network in Tamil Nadu ICICI Bank opens 57 branches in Andhra Pradesh, Telangana this fiscal Fund managers added large-cap private banks, utilities, energy and … [Read more...] about Fund managers bet over Rs 8.5K crore on these 6 stocks in July; do you own any?