May 22, 2015 at 16:51 | Source: Moneycontrol.com
Brokers said renewed buying from foreign institutional investors was mainly responsible for the turnaround in sentiment. But they cautioned that the rebound was based on technical factors and that fundamental concerns over economic growth and corporate earnings persisted.
May 22, 2015 at 15:33 | Source: CNBC-TV18
Sameet Chavan of Angel Broking is of the view that State Bank of India may witness profit booking at around Rs 302-305.
May 22, 2015 at 14:19 | Source: Moneycontrol.com
Punj Llyod's Q4 net profit soared to Rs 268 crore compared to Rs 5 Lakh but total income fell to Rs 1,290 crore from Rs 2,037 crore on a yearly basis. Its other income grew to Rs 570 crore to Rs 11 crore (Y-o-Y).
May 22, 2015 at 14:00 | Source: CNBC-TV18
Vaibhav Agarwal of Angel Broking says on the asset quality front, the bank has reported good numbers. It indicates that like its third quarter, in the fourth quarter too SBI did good recovery and upgrades, he says.
May 22, 2015 at 13:34 | Source: Moneycontrol.com
Gross non-performing assets (NPA) was at 4.25 percent versus 4.90 percent quarter-on-quarter while net NPA stood at 2.1 percent against 2.8 percent sequentially.
May 22, 2015 at 13:19 | Source: Moneycontrol.com
State Bank of India has informed BSE that the Board of Directors of the Bank at its meeting held on May 22, 2015, has declared a Dividend of Rs. 3.50 per share (350 percent) for the accounting year ended March 31, 2015.
May 22, 2015 at 13:00 | Source: Moneycontrol.com
SBI is up 3 percent while Sun Pharma, HDFC, TCS and ONGC are top gainers in the Sensex. Among the losers are Bajaj Auto, Wipro, Vedanta, Hindalco and Hero Motocorp.
May 22, 2015 at 12:00 | Source: Moneycontrol.com
FM said minimum alternate tax (MAT) issue will be resolved through judicial process and the government will take all efforts to meet the April 1, 2016 deadline for GST. He added that 'simplification of tax policies is our objective.'
May 22, 2015 at 11:00 | Source: Moneycontrol.com
SBI, HDFC, ITC, ICICI Bank and ONGC are top gainers in the Sensex. Among the losers are Bajaj Auto, Vedanta, Hindalco, Wipro and Hero Motocorp.
May 22, 2015 at 10:05 | Source: Moneycontrol.com
Equity Mutual Funds closed in red as the Equity benchmarks drifted lower in dull trade, as the market awaits fresh triggers.