New Delhi, Aug 23 The government plans to put on auction 17 mines surrendered by public sector undertakings which could not put the blocks into ope..
Public sector banks are in investors’ focus with continuous improvement in asset quality and pick-up in advances.
Krishnamurthy was credited with the successful turnaround stories of some of India's most crucial public sector companies.
We expect Midhani's growth to return in FY22 on the back of higher order inflow from space and defence
The stake sale is expected to help the government raise between Rs 500 crore and Rs 600 crore.
The Yogi government has fulfilled its poll promise and approves farm loan waiver of up to Rs 1 lakh to struggling farmers. Over 2,25,00,000 (two crore twenty five lakh) farmers will be benefited by this particular move. This move is expected to cost around Rs 36,000 crore to the state. Watch CNBC-TV18's Latha Venkatesh speaking about what does this mean for public sector undertaking (PSU) banks.
Shubham Agarwal of Motilal Oswal Securities feels that Punjab National Bank may slip to Rs 102.
Along with the market, banks too will find it difficult to breakout because of this political uncertainty. Similarly, other cyclicals like capital goods may not fall too much but may not rise either says Sangeeta Purushottam, Cogito Advisors.
Siddharth Bhamre, Angel Broking believes that the market is in stronger hands, FIIs are putting in money and so, the market could be heading towards 6,150-6,200 in this expiry.
In an interview to CNBC-TV18 Karun Mutha of HSBC Invest Direct shared his readings on the Futures and Options market.