Stock trading news

The panel has put five key parameters for each sector for lenders to decide the resolution. These include total outstanding liability divided by adjusted networth, total debt divided by EBITDA, debt service coverage ratio (DSCR), average DSCR and current ratio. … [Read more...] about Banking stocks trade mixed on resolution framework for COVID-hit assets

The global research firm has maintained an outperform rating on the stock with a target of Rs 133 per share. According to a CNBC-TV18 report, the book value according to delisting regulation is at Rs 89.38 against calculated Rs 147 per share sets a lower floor price for delisting than earlier expectations. … [Read more...] about Vedanta share price trades lower even as CLSA retains outperform call

Hot Stocks | HDFC Life, HUL, ICICI Bank can give 12% return in short-term Trade Setup for Friday: Top 15 things to know before Opening Bell Coronavirus Essential podcast | Serum Institute pauses Oxford vaccine trials; Don't take coronavirus lightly, cautions PM Modi … [Read more...] about Taking Stock: D-St rallies for 5th consecutive day; financials lead the charge

Yes Bank gained over a percent after the board of the private lender approved a plan to raise funds. The Capital Raising Committee (CRC) of the board of directors approved fund-raise through a follow-on public offer. The details of the offer would be shared after completing formalities with the Registrar of Companies. … [Read more...] about Taking Stock: Market snaps 5-day winning streak; Nifty holds 10,700 levels

"Indian indices again had a strong showing today, backed by strong gains in the shares of RIL, which alone contributed to more than half of the gains seen on the Nifty. Suitors lining up for potential stake sale in Reliance Retail drove its gains today,” Vinod Nair, Head of Research at Geojit Financial Services told Moneycontrol. … [Read more...] about Taking Stock: RIL at record high; Sensex jumps 600 points, Nifty reclaims 11,400