DSIJ Mindshare

Key Indian stock market indices are likely to open a tad higher on Friday, following mixed cues from Asian peers. The SGX Nifty indicates that the Nifty could open at 10,542 with gains of 9 points at the opening bell.   

The steel manufacturing companies are also witnessing uptrend in other costs of raw materials, such as coal, refractory and electrodes.

RBI has imposed prompt corrective action (PCA) on Allahabad Bank for non-fulfillment of the regulatory requirements regarding adequate capital, rising NPA’s and return on assets on Wednesday. Almost half of public sector banks are under RBI’s watch of prompt corrective action. Here is short brief about what is PCA

AMFI, in consultation with SEBI and Stock Exchanges, has prepared the list of stocks, that fall into different market capitalisation.

The stocks that are likely to witness significant movement on the bourses on Friday, January 5, are JSW Energy Limited, Karur Vysya Bank Limited, AksharChem India Limited, Healthcare Global Enterprises Limited and Bharti Airtel Limited.