Stocks to Watch: PSU banks, automobile companies, DHFL, RIL
On Friday, Sensex closed at 46,960.69, up 70 points, while Nifty settled at 13,760.55, up 20 points.
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Foreign portfolio investors (FPIs) have pumped in ₹54,980 crore in Indian markets in December so far amid excess liquidity in global markets and expectation of fresh stimulus. FPIs invested ₹48,858 crore into equities and ₹6,122 crore into debt segment during 1-18 Dec
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New Delhi: Following are the top 10 stocks that could be in news on Monday:
PSU Banks: The Confederation of Indian Industry (CII) has urged the Centre to consider setting up multiple bad banks to address the problem of rising non-performing assets (NPAs) of state-owned lenders, which has worsened due to covid-led disruptions.
Six bidders submitted bids for Reliance Home Finance daijiworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from daijiworld.com Daily Mail and Mail on Sunday newspapers.
Six bidders have submitted bids for Reliance Home Finance Limited (RHFL). Of these, only two bidders submitted compliant and binding bids and other four bids are non-binding and not compliant with bid conditions. The lenders have decided to further extend the bidding timeline till January 31, 2021, in order to accommodate the four non compliant bidders. The two compliant bidders opposed the arbitrary change of rules of the game by the lenders and the bidders threatened to walk away from the non-transparent process. The lenders of RHFL have received a total of six bids for its assets in response to the resolution process being run.