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Sensex, Nifty jump over 3% as banks surge on bargain hunting

Markets

27 May, 2020

Sensex, Nifty jump over 3% as banks surge on bargain hunting

Indian shares closed over 3% higher on Wednesday as value investors stepped in to buy beaten-down banking stocks, while Axis ......

Sensex, Nifty subdued after poor reaction to economic package

Markets

15 May, 2020

Sensex, Nifty subdued after poor reaction to economic package

Indian shares fell on Friday after details on the government’s economic package failed to impress investors already worried...

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India Inc's revenue, profit pain intensified in Jan-March even before lockdown

Finance

13 May, 2020

India Inc's revenue, profit pain intensified in Jan-March even before lockdown

Even before the Indian economy faced the brunt of economic lockdown due to the coronavirus pandemic, almost half of the ......

Sensex, Nifty rise on Reliance Industries boost, but end week sharply lower

Markets

08 May, 2020

Sensex, Nifty rise on Reliance Industries boost, but end week sharply lower

Indian stocks saw broad-based gains on Friday amid rising expectations about an economic stimulus to cushion the impact of the...

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GIC took out $200 mn from Indian BFSI bets, invested more in two private banks in Q1

Finance

06 May, 2020

GIC took out $200 mn from Indian BFSI bets, invested more in two private banks in Q1

Singapore sovereign wealth fund GIC Pte. Ltd shuffled several of its investments in India’s listed banking, financial services...

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Value Lens: Is the Axis Bank-Max Life Insurance deal deeply discounted?

Finance

06 May, 2020

Value Lens: Is the Axis Bank-Max Life Insurance deal deeply discounted?

Axis Bank’s deal to bump up its stake in Max Life Insurance Company Ltd has likely come cheap for India’s ......

Sensex, Nifty tumble as report warns of banking stress; HDFC slides

Markets

05 May, 2020

Sensex, Nifty tumble as report warns of banking stress; HDFC slides

Indian shares rebounded on Tuesday, led by a jump in beaten-down banking stocks, as Asian markets tracked Wall Street higher ......

Indian stocks end at more than six-week high on HDFC boost

Markets

29 April, 2020

Indian stocks end at more than six-week high on HDFC boost

Indian shares rose on Wednesday, tracking gains in Asian markets, as several countries eased coronavirus-induced lockdowns while...

Axis Bank reports surprise $183 mn loss on COVID-19 provisions

Finance

28 April, 2020

Axis Bank reports surprise $183 mn loss on COVID-19 provisions

Axis Bank Ltd, India’s third biggest private-sector lender, on Tuesday reported a surprise 13.88 billion rupee ($182.96...

Axis Bank inks deal to own 30% of Max Life Insurance

Finance

28 April, 2020

Axis Bank inks deal to own 30% of Max Life Insurance

Axis Bank has inked a deal to acquire a 30% stake in Max Life Insurance Company Ltd, as India’s third-largest ......

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