NEW DELHI: Around 27 stocks fell to touch their 52-week lows on NSE in Monday’s session. Among the shares that touched their 52-week lows were Blue Coast HotelsNSE 1.32 %, C & C Constructions, Genesys International Corporation, Ind-Swift Laboratories, and Khaitan Electricals. LEVEL Electricals, Mercator, Petron Engineering Construction, Reliance CommunicationsNSE -4.48 %, Shoppers Stop, Simplex Projects, and Vardhman Polytex also featured among the shares that touched their fifty two-week lows on NSE.
-zero.15 (-4.Forty eight%)
Blue Coast Hotels Lt…
Domestic benchmark index NSE Nifty had been trading 37. Ninety factors down at eleven,628.05 even as the BSE Sensex became trading 86.25 factors down at 38,775.98. In the Nifty 50 index, ONGC, M&M, IndusInd Bank, NTPC, and Hind. Unilever was the various pinnacle gainers at the NSE. However, HPCL, Bajaj Finance, Adani Ports SEZ, Indian Oil Corp, and Asian Paints were many of the top losers.
NEW DELHI: Bank stocks had been buying and selling on a mixed observe in Monday’s morning consultation.
Shares of IndusInd Bank (up 1.26 in keeping with cent), Bank of Baroda (up 0.80 consistent with cent), Punjab National Bank (up to zero. Seventy-five consistent with cent), and IDFC First Bank (up 0.74 in line with cent) have been the top gainers in the index.
RBL Bank (down 1. Fifty-three in keeping with cent), Federal Bank (down 1.22 percent), YES Bank (down 0.43 consistent with cent), and Axis Bank (down zero.38 in keeping with cent) have been trading with losses.
The Nifty Bank index changed into trading 0. 13 in step with cent down at 30,044.30 round 11:53 am.
Benchmark NSE Nifty50 index become down 46.05 factors at eleven,619. Ninety while the BSE Sensex became down 95.59 points at 38,766.64. Among the 50 shares within the Nifty index, 18 had been trading inside the inexperienced, even as 32 were inside the crimson. Shares of DLF, Vodafone Idea, Bank of Baroda, SAIL, Indiabulls Housing Finance, YES Bank, Tata Motors, Ashok Leyland, SBI, Vedanta, Tata Steel, and NTPC had been a number of the most traded shares on the NSE. Is it about time auto stocks turn around? What is in the shop for Indiabulls Housing and Lakshmi Vilas Bank shareholders from the merger? How to play IT shares in advance of the March sector income season, which kicks off later this week.
We have it all packed in this edition of Taking Stock. Have a look.
>> How tremendous is the opportunity for shareholders in IBHF, LVB?
The proposed switch ratio is 14 shares of IBHF for each a hundred stocks of LVB, a 36% top rate on LVB’s closing price of Rs 93 on Friday, and IBHF’s final fee Rs 904. Both shares have rallied 29% every in the beyond one month.
>> Why is everybody hopeful about approximately IT earnings in this area?
Some large deal wins are possible to assist robust revenue growth inside the seasonally weak fourth quarter. Or will it? Find out.
>> Realty-linked NBFCs as banks: What’s in it for you?
Will IBHF-LVB more mere open the doorways for other NBFCs to gather distressed banks and get a deposit-taking license. Let’s check out
>> How horrific is the pain in-vehicle space going to be?
Who is aware of that higher than Rajiv Bajaj, coping with the director of Bajaj Auto, who believes he’s inside sniffing distance of catching up with Hero MotoCorp within the leadership race for bikes. Let’s get it from the horse’s mouth
>> Just air pocket! Or is Jet about to crash land?
Airline reaches out to international lenders who financed Boeing 777 purchases, asks them now not to invoke guarantees. Will it paintings?
>> RCom’s woes spillover
Anil Ambani is banking on a case inside the appellate tribunal to prevent the DoT from canceling its licenses and retreating the airwaves. Read more
>> What is that this wealthy metal person up to?
The resources conglomerate is probably to open a mega offshore bond difficulty for subscription in the following couple of weeks. What’s the plan?
>> Why is Indian IT organizations including heavy-hitters on forums
The industry deals with a hard surrounding as the enterprise pivots its economic version far from labor arbitrage. Read extra
>> Demerger within the works: What’s in it for you?
Habil Khorakiwala is looking for a valuation of Rs 5,000 crore, four times of the domestic formulations revenue, for India’s oldest drugmaker. Read extra
>> Is NIIT Tech heading Mindtree way?
Baring Private Equity (Asia) has agreed to shop for out the founder promoters. What does it suggest?