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Envision Capital's Nilesh Shah lists out the criteria for stock picking in the broader markets.
— BloombergQuint (@BloombergQuint) March 18, 2020
Watch: https://t.co/XfrGT6JjjQ
Market updates: https://t.co/d68UXv3zB5 pic.twitter.com/mx9Ju6Tyww
Nifty Bank: March 19 Expiry
Aviation carrier Spicejet Ltd., has responded to BloombergQuint's query, saying that it as not asked any employee to work from home.
The response also added that no employee has been asked to go on a short-term leave without pay.
The stock is currently locked in a lower circuit of 10 percent, down for the sixth straight session. It is trading at the lowest level since October 2015 and has fallen 40 percent in the last six sessions.
IndusInd Bank Says Rumours On Its Financial Health ‘Totally Misplaced, Motivated’
IndusInd Bank Says Rumours On Its Financial Health ‘Totally Misplaced, Motivated’
15 lakh shares of the media and entertainment player exchanged hands in a large trade on the National Stock Exchange, as per Bloomberg data. Buyers and sellers in the trade were not immediately known.
The stock gained as much as 12.89 percent, the most since November 2019 to Rs 150 in early trade.
Though off the day's high, it still trades with gains of 8 percent at Rs 143.70.
Nifty Bank: March 19 Expiry
Various business divisions of KEC International Ltd. have won orders amounting to Rs 1,047 crore.
The Transmission & Distribution division has won orders worth Rs 669 crore for projects in India, SAARC, Middle East & the Americas.
The Civil business has secured orders worth Rs 153 crore for defence and residential projects in India.
The Solar business has won orders of Rs 104 crore for projects in India and Middle East.
The Cables business has won orders worth Rs 121 crore for various cabling projects.
The stock trades 0.9 percent lower at Rs 258.10 on the National Stock Exchange.
Yes Bank Crisis: RBI Cannot Differentiate Between AT-1 Bondholders And Promoters, Axis Trustee Says
Shares of the private lender turned negative after rising as much as 5.74 percent to Rs 639 on the National Stock Exchange.
In a statement to the exchanges, the bank clarified that it remains well capitalised and a growing entity with a strong governance structure.
The bank also said that it expects the net NPA to fall below 1 percent in the March quarter.
The stock has fallen for the third straight day, falling 27 percent during the period.
S&P Lowers India’s Growth Forecast To 5.2% In 2020
India Could be Next Virus Hotspot With an ‘Avalanche’ of Cases
Find out all that you need to know going into trade, HERE!
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