Bank of Baroda shares drop 0.82% as Sensex falls
A total of 155,434 shares changed hands on the counter till 11:58AM (IST)
A total of 155,434 shares changed hands on the counter till 11:58AM (IST)
Equity markets are impacted more by the expectations of future monetary policy than the policy rate surprises on the day of announcement of the policy by the Reserve Bank, said an analysis. According to a working paper prepared by RBI officials, the regulatory and development measures which are announced along with the monetary policy too impact the stock markets.
BSE in its filing to the exchanges on Friday stated that the regulator has also asked the company to pay differential regulatory fee for the past periods with applicable interest of 15% per annum on the amount remaining unpaid or belatedly paid or short paid for every month of delay.
Indian indices surge with banking stocks leading. Various sectors show gains, including Auto, Pharma. Reliance Industries to report results later today. Among the Sensex stocks, UltraTech Cement, L&T, Bajaj Finance, Wipro, Kotak Bank, and Axis Bank began the session on a higher note. Conversely, HDFC Bank opened in the red after the lender reported a smaller-than-expected March quarter profit due to higher provisions.
State-owned Canara Bank on Friday said it has fixed May 15 as record date for determining shareholders' eligibility for stock split. The Reserve Bank of India (RBI) gave its go-ahead for stock split on April 16, 2024, it said. The government owns 62.93 per cent stake in Canara Bank, while public shareholders own the rest.
Indian benchmark indices closed lower as banking stocks declined, with Sensex falling 455 points and Nifty dropping by 152 points. Top laggards included Nestle India, Titan, Axis Bank, NTPC, Tata Motors, and ITC. Shares of Nestle India on Thursday fell amid reports that the government has taken suo-motu cognisance of a report in Thursday's ToI publication.
6 companies expected to double sales in Q4 with sectors like automobiles, banks, gas utilities, pharmaceuticals showing YoY sales growth. Sunteck Realty set for a significant jump in net sales. BSE, in lending space, might be seen reporting a 129% YoY change in its net interest income (NII) at Rs 520 crore.
6 companies expected to double sales in Q4 with sectors like automobiles, banks, gas utilities, pharmaceuticals showing YoY sales growth. Sunteck Realty set for a significant jump in net sales. BSE, in lending space, might be seen reporting a 129% YoY change in its net interest income (NII) at Rs 520 crore.
A Kolkata resident lost Rs 20 lakh in a WhatsApp investment scam, while Delhi Police Cyber Cell probed an online investment scam where a woman lost Rs 25 lakh due to a fraudulent third-party trading app. Initially, the investments appeared promising and yielded daily returns. Read on to know more:
A Kolkata resident lost Rs 20 lakh in a WhatsApp investment scam, while Delhi Police Cyber Cell probed an online investment scam where a woman lost Rs 25 lakh due to a fraudulent third-party trading app. Initially, the investments appeared promising and yielded daily returns. Read on to know more:
There is selling pressure in the mid-caps stocks with the BSE Small Cap Select Index down 1.2 per cent. Among the top losers on Monday, IFCI is down more than 6 per cent, NBCC is down more than 4 per cent, Castrol is down more than 4 per cent, and Hindustan Zinc is down 4 per cent.