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  • Investors should adopt a buy on dips strategy in near term Jun 08, 2018 11:21 AM IST

    Investors should adopt a buy on dips strategy in near term

    “Midway support on the Nifty is placed around 10,700 levels. On the upside, major resistances are placed around 10,780 and 10,820 levels,” says Jaydeb Dey at Stewart & Mackertich Wealth Management Ltd.

  • Canara Bank fined in UK for anti-money laundering breaches Jun 06, 2018 07:09 PM IST

    Canara Bank fined in UK for anti-money laundering breaches

    "Canara was warned its money laundering controls were inadequate and so its failure to remediate them properly is at the more serious end of the range of sanctions," said Mark Steward, the FCA's head of enforcement and market oversight.

  • UK regulator slaps Rs 8 crore fine on London branch of Canara Bank Jun 06, 2018 06:59 PM IST

    UK regulator slaps Rs 8 crore fine on London branch of Canara Bank

    FCA in a notice said it has imposed a penalty of 896,100 pounds on the bank and restricted it from accepting deposits from new customers for 147 days.

  • Canara Bank plans to raise up to Rs 5,000 crore by end of first half of FY19 May 16, 2018 02:05 PM IST

    Canara Bank plans to raise up to Rs 5,000 crore by end of first half of FY19

    In March, the bank failed to get the right valuation to sell stake in Can Fin Homes and raise capital.

  • Canara Bank posts Rs 4,860 cr loss in Q4 as NPA provisions jump 3-fold May 11, 2018 05:50 PM IST

    Canara Bank posts Rs 4,860 cr loss in Q4 as NPA provisions jump 3-fold

    Bad loans surged on account of the Reserve Bank of India’s circular on revised guidelines, divergences in classification of non-performing assets (NPAs) and some pain in the agriculture loans.

  • Top buy & sell ideas by Sudarshan Sukhani, Rahul Mohindar which are good near term bets May 04, 2018 08:40 AM IST

    Top buy & sell ideas by Sudarshan Sukhani, Rahul Mohindar which are good near term bets

    Sudarshan Sukhani of s2analytics.com recommends buying RBL Bank with stop loss at Rs 512 and target at Rs 533 and Tata Chemicals with stop loss at Rs 760 and target at Rs 790.

  • Market Update: IT stocks rally led by TCS; PSU banks drag as PNB, BOI fall 2-5%; Indigo hits new 52-week high Apr 20, 2018 12:30 PM IST

    Market Update: IT stocks rally led by TCS; PSU banks drag as PNB, BOI fall 2-5%; Indigo hits new 52-week high

    The market breadth was in favour of the declines with 649 stocks advancing while 1025 declined and 374 remained unchanged. On the other hand, in the BSE, 961 stocks advanced and 1403 declined and 113 remained unchanged.

  • Nifty heading towards 10,480, may face minor hurdle at 10,375; top 5 stocks to buy in near term Apr 06, 2018 08:19 AM IST

    Nifty heading towards 10,480, may face minor hurdle at 10,375; top 5 stocks to buy in near term

    "Nifty is heading towards 10430-10480 levels i.e. 100 and 50 SMA respectively. It might face minor hurdle around 10375 zones," says Rajesh Agarwal of AUM Capital.

  • Market Update: Indices rally ahead of RBI Policy led by metals & banks; Hindalco jumps 4%, Indigo hits new 52-week high Apr 05, 2018 10:11 AM IST

    Market Update: Indices rally ahead of RBI Policy led by metals & banks; Hindalco jumps 4%, Indigo hits new 52-week high

    The market breadth was in favour of the advances with 1435 stocks advancing while 184 declined and 401 remained unchanged. On the other hand, in the BSE, 1695 stocks advanced and 293 declined and 50 remained unchanged.

  • Canara Bank calls off divestment of stake in Can Fin Homes Mar 31, 2018 03:09 PM IST

    Canara Bank calls off divestment of stake in Can Fin Homes

    Canara Bank holds 30.44 per cent stake in the housing finance company

  • Market Update: Nifty PSU bank zooms 5% led by Canara Bank, Yes Bank; SBI, HDFC Bank top gainers Mar 26, 2018 10:08 AM IST

    Market Update: Nifty PSU bank zooms 5% led by Canara Bank, Yes Bank; SBI, HDFC Bank top gainers

    The market breadth was in favour of the declines with 843 stocks advancing while 901 declined and 292 remained unchanged. On the other hand, in the BSE, 1210 stocks advanced and 1539 declined and 152 remained unchanged.

  • No proposal for merger of Canara, Dena Bank: Shiv Pratap Shukla Mar 23, 2018 04:15 PM IST

    No proposal for merger of Canara, Dena Bank: Shiv Pratap Shukla

    "Syndicate Bank, Canara Bank, Vijay Bank and Dena Bank have apprised that they have not made presentations about their merger or consolidation to the Ministry of Finance," Minister of State for Finance Shiv Pratap Shukla said in a written reply to the Lok Sabha.

  • CBI files a chargesheet against ex-Canara Bank CMD, two executive directors Mar 19, 2018 06:57 PM IST

    CBI files a chargesheet against ex-Canara Bank CMD, two executive directors

    A chargesheet has also been filed against two directors of the Occasional Silver Company Ltd, Kapil Gupta and Raj Kumar Gupta.

  • CBI arrests Shivaji Panja, Kaustav Ray in RP Info Systems-Canara Bank fraud case Mar 15, 2018 07:07 PM IST

    CBI arrests Shivaji Panja, Kaustav Ray in RP Info Systems-Canara Bank fraud case

    Shivaji Panja, Kaustav Kaustuv Ray of RP Info Systems are accused of cheating Canara Bank and 9 other member banks of a consortium to the tune of Rs 515.15 crore.

  • Nifty to remain weak below 10,490; top 5 stocks which can give up to 5% return Mar 15, 2018 08:22 AM IST

    Nifty to remain weak below 10,490; top 5 stocks which can give up to 5% return

    "The index has to cross 10490 levels decisively to move higher and if it fails to cross this level, weakness could be seen towards 10290 and 10150 levels," says Rajesh Agarwal of AUM Capital.

  • Buy Titan, Canara Bank, PNB, Syndicate Bank, PC Jeweller, DHFL: Ashwani Gujral Mar 13, 2018 02:29 PM IST

    Buy Titan, Canara Bank, PNB, Syndicate Bank, PC Jeweller, DHFL: Ashwani Gujral

    Ashwani Gujral of ashwanigujral.com recommends buying Titan Company, Canara Bank, Punjab National Bank, Syndicate Bank, PC Jeweller and Dewan Housing Finance Corporation.

  • Buy PSU banks, Voltas, Jet Airways: Rajat Bose Mar 13, 2018 11:06 AM IST

    Buy PSU banks, Voltas, Jet Airways: Rajat Bose

    Rajat Bose of rajatkbose.com recommends buying PSU banks including Canara Bank and State Bank of India as well as Voltas and Jet Airways.

  • Market Update: CNX metal down over 1% dragged by Tata Steel & SAIL; SBI, HDFC most active Mar 09, 2018 02:40 PM IST

    Market Update: CNX metal down over 1% dragged by Tata Steel & SAIL; SBI, HDFC most active

    The market breadth was in favour of the declines with 765 stocks advancing while 939 declined and 315 remained unchanged. On the other hand, in the BSE, 1199 stocks advanced and 1406 declined and 151 remained unchanged.

  • Market Update: PSU bank index falls 1% dragged by Allahabad Bank, SBI; Vedanta, Airtel top gainers Mar 09, 2018 09:53 AM IST

    Market Update: PSU bank index falls 1% dragged by Allahabad Bank, SBI; Vedanta, Airtel top gainers

    The top Sensex gainers were Videocon which jumped 5 percent followed by INOX Leisure, Vakrangee and Religare, each adding over 3 percent. IFCI added 2.8 percent in the morning trade.

  • Market Update: 170 stocks hit new 52-week low as Nifty PSU bank plunges over 3%; SBI top loser Mar 07, 2018 12:31 PM IST

    Market Update: 170 stocks hit new 52-week low as Nifty PSU bank plunges over 3%; SBI top loser

    The market breadth was in favour of the declines with 247 stocks advancing while 1452 declined and 315 remained unchanged. On the other hand, in the BSE, 428 stocks advanced and 2095 declined and 102 remained unchanged.

  • Sell Canara Bank, Punjab National Bank; buy Ashok Leyland: Ashwani Gujral Mar 07, 2018 12:16 PM IST

    Sell Canara Bank, Punjab National Bank; buy Ashok Leyland: Ashwani Gujral

    Ashwani Gujral of ashwanigujral.com is of the view that one can sell Canara Bank and Punjab National Bank and can buy Ashok Leyland.

  • Market Update: 170 stocks hit new 52-week low as Nifty PSU bank plunges over 3%; SBI top loser Mar 07, 2018 10:27 AM IST

    Market Update: 170 stocks hit new 52-week low as Nifty PSU bank plunges over 3%; SBI top loser

    The market breadth was in favour of the declines with 428 stocks advancing while 1215 declined and 367 remained unchanged. On the other hand, in the BSE, 645 stocks advanced and 1542 declined and 94 remained unchanged.

  • Credit Suisse expects PSU banks to report treasury loss of Rs 20K cr in Q4; overweight on SBI, BoB Mar 07, 2018 09:27 AM IST

    Credit Suisse expects PSU banks to report treasury loss of Rs 20K cr in Q4; overweight on SBI, BoB

    Credit Suisse continues to prefer private banks over PSU banks and has overweight calls on State Bank of India with a target of Rs 381 and Bank of Baroda with target of Rs184 while it is underweight on Bank of India with a target of Rs 122 per share.

  • PSU Bank index closes 2.8% lower dragged by BOI, Canara Bank; SBI, PNB fall 2% Mar 06, 2018 04:00 PM IST

    PSU Bank index closes 2.8% lower dragged by BOI, Canara Bank; SBI, PNB fall 2%

    The PSU banking index cracked 2.87 percent after investigation deepened in the PNB fraud case. The largest contributor to the index fall was Bank of India which plunged 6.46 percent, hitting fresh 52-week low. Syndicate Bank ended lower by 5 percent.

  • Buy BPCL, PVR; sell SBI, ICICI Bank, DHFL, Canara Bank: Ashwani Gujral Mar 06, 2018 03:05 PM IST

    Buy BPCL, PVR; sell SBI, ICICI Bank, DHFL, Canara Bank: Ashwani Gujral

    Ashwani Gujral of ashwanigujral.com is of the view that one can buy BPCL and PVR and can sell SBI, ICICI Bank, DHFL and Canara Bank.

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