City Union Bank to raise Rs 1,100 crore City Union Bank to raise Rs 1,100 crore Nidhi Jani / Tuesday, July 14, 2020 / Article rating: 5.0 At the end of FY20, the bank reported its Tier I capital adequacy ratio at 15.80 per cent, well above the regulatory requirement. These fundraising plans add additional strength to its core fundamentals. The CASA ratio at 25 per cent (Rs 1,000 crore) along with debt funds can be expected to maintain a low cost of borrowing.
Fitch Ratings believe near-term recovery not probable for NBFCs Fitch Ratings believe near-term recovery not probable for NBFCs Amir Shaikh / Tuesday, July 14, 2020 / Article rating: 4.6 The rating agency Fitch in its latest report said that a near-term recovery for India's non-banking financial institutions is not probable, as the sector continues to wrestle with the fallout of Coronavirus pandemic
Ten stocks close to their 52-week high Ten stocks close to their 52-week high Ganesh Pawar / Tuesday, July 14, 2020 / Article rating: 3.3 The market opened in the red on July 14, 2020.
Five stocks with buying interest Five stocks with buying interest Ganesh Pawar / Tuesday, July 14, 2020 / Article rating: 3.5 The market opened in the red on July 14, 2020, overall volumes in futures & options currently stand at 1,88,70,614 crore contracts with a turnover of Rs. 11,67,812.51 crore.
Five stocks with selling interest Five stocks with selling interest Ganesh Pawar / Tuesday, July 14, 2020 / Article rating: 3.3 The market opened in the red on July 14, 2020, overall volumes in futures & options currently stand at 1,88,70,614 crore contracts with a turnover of Rs. 11,67,812.51 crore.
BSE signs pact with IIT Alumni Council BSE signs pact with IIT Alumni Council Geyatee Deshpande / Tuesday, July 14, 2020 / Article rating: 4.5 To encourage listing of startups and also to develop a ‘high investor depth’ platform for such companies, Bombay Stock Exchange (BSE) announced that they have signed a pact with IIT Alumni Council.
Action Construction Equipment demand takes a hit by COVID-19 Action Construction Equipment demand takes a hit by COVID-19 Nidhi Jani / Tuesday, July 14, 2020 / Article rating: 4.6 The company’s revenue and profitability are likely to be impacted even more. In Q1FY21 (April-June), volumes and revenues seem to take a hit as the operations were partially shut in April 2020 and gradually ramped up during May 2020 and June 2020. However, recovery is likely to be expected during Q3FY21E and Q4FY21E.
Colgate-Palmolive gives trendline breakout Colgate-Palmolive gives trendline breakout Vinayak Gangule / Tuesday, July 14, 2020 / Article rating: 5.0 On Monday, the stock has given a downward sloping trendline breakout on the daily timeframe, formed by connecting swing highs from May 2020. The breakout was supported by robust volumes.
D-Street to start the day on a weak note D-Street to start the day on a weak note Karan Dsij / Tuesday, July 14, 2020 / Article rating: 5.0 The wait continues for the bulls to cross above the 200-DMA that acted as a resistance, as markets failed to capitalize on it. This was despite a strong start in the last trading session. On Tuesday, early trends in SGX Nifty suggests that Indian markets are expected to open in red, mimicking the weak global cues.
Index trend and stocks in action on July 14, 2020 Index trend and stocks in action on July 14, 2020 Karan Dsij / Tuesday, July 14, 2020 / Article rating: 5.0 Our advice to traders is to initiate a long position only if Nifty sustains above the 200-DMA. While, on the downside, a close below the previous bar’s low will be the first sign of weakness. Stocks in news: Reliance Industries, Cipla, Adani Ports, Godrej Industries.