DSIJ Mindshare

The bank provisioned Rs. 384.95 crore for its exposure to infrastructure development and finance sector, which was classified as a non-performing asset during the quarter.

The stocks most likely to witness significant movement on the bourses on January 14, 2019 are Karnataka Bank, Infosys, Indian Energy Exchange, Krebs Biochemicals & Industries and Sun Pharma.

Hexaware Technologies was picked by our Bollinger Band squeeze scanner which suggests that the stock is near a consolidation breakout.

The stock has witnessed a breakout of downward sloping trendline on the weekly time frame along with robust volumes.

The company's board has approved a buyback of its equity share at a max price of Rs. 800 apiece aggregating up to Rs. 8,260 crore. Notably, it has declared a special dividend of Rs. 4/- per equity share and fixed January 25, 2019 as the record date for this dividend and January 28, 2019 as payment date.