Reliance Capital share price dropped to 52-week low of Rs 10.90, falling nearly 5 percent in the morning trade on December 11 after a delay in payment on on interest / principal obligations due on December 9.At 0953 hours, Reliance Capital was quoting at Rs 11.05, down Rs 0.40, or 3.49 percent, on the BSE.On December 10, the board in a meeting approved the elevation of chief financial officer (CFO) Amit Bapna as the president and chief operating officer.Close The board also appointed Sachin Bora as the chief executive officer and Vaibhav Kabra the CFO. related news IDBI Bank share price rises 3% as board approves stake sale in subsidiaries SBI share in the red; brokerages question loan divergence JSPL share price gains 2% after commissioning of coke battery at Angul plant Anmol Ambani, being related to the company chairperson, ceased to be the executive director, with effect from December 10.He, however, continues to be on the board of Reliance General Insurance … [Read more...] about Reliance Capital share price dips 5% on interest payment delay
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Taking Stock: Late recovery helps Sensex settle 172 pts higher; Yes Bank share price down 15%
Late recovery on D-Street in the second half of the trading session helped benchmark indices close above crucial support levels on Wednesday. The S&P BSE Sensex rose nearly 200 points while the Nifty50 reclaimed 11,900 levels.Let’s look at the final tally on D-Street – the S&P BSE Sensex rose 172 points to 40,412 while the Nifty50 closed with gains of 53 points to 11,910 on Wednesday.Close Sectorally, the action was seen in Oil & Gas, IT, as well as, realty space while profit-taking was witnessed in capital goods, telecom, and metal stocks. related news Closing Bell: Nifty ends above 11,900, Sensex up 172 pts; Yes Bank slips 14% Taking Stock: SBI, Yes Bank biggest losers in banking space; Nifty holds 11,850 Closing Bell: Sensex ends 248 pts lower, Nifty holds 11,850; FMCG, IT, metal, PSU banks drag the most Broader market underperformed benchmark indices. The S&P BSE Midcap index was up 0.52 percent while the S&P BSE Smallcap index closed … [Read more...] about Taking Stock: Late recovery helps Sensex settle 172 pts higher; Yes Bank share price down 15%
