Page 39 - Head Strategy News Today : Breaking News, Live Updates & Top Stories | Vimarsana

PSU stocks underperform broader market; can 2021 be a turnaround year? Gaurav Garg, Head of Research at CapitalVia Global Research believes 2021 might be a turn-around year for PSU stocks, but investors need to be very specific in selecting PSUs. Representative image | Source: Pixabay Shares of Public Sector Undertakings (PSUs) have been underperforming the broader markets in the last few years. As per a report by brokerage firm JM Financial, the BSE PSU index fell around 40 percent and 20 percent in the last 3 years and 5 years, respectively, against a rise of around 20 percent and 70 percen...

Yes Bank appoints Niranjan Banodkar as new CFO Niranjan Banodkar will supersede Anurag Adlakha, who has been designated as the Chief Human Resources Officer (CHRO), Yes bank said in a regulatory filing BusinessToday.In | December 30, 2020 | Updated 15:35 IST A security guard stands outside a Yes Bank branch at it's headquarters in Mumbai. (Photo: Reuters file) Yes Bank, on Wednesday December 30, announced senior management change wherein the private sector lender said that it has appointed Niranjan Banodkar as its Group Chief Financial Officer (CFO) with effect from January 1, 2021. He will...

Post Market views - Dec 29, 2020 - Mr. Binod Modi, Head Strategy at Reliance Securities Posted On: 2020-12-29 06:32:09 (Time Zone: Arizona, USA) Domestic indices remained firm and recorded fresh highs today led by sharp rebound in financials. As expected, volatility in the market was high today and barring Financials and IT, most key sectoral indices traded in red. IndusInd Bank, Axis Bank, Tech Mahindra and HDFC were top gainers, while Coal India, NTPC, Nestle and Hindalco were laggards. Continued buying by FPIs remains a dominant factor for market rally. Given soft monetary policy of g...

Post Market views - Dec 24, 2020 - Mr. Binod Modi, Head Strategy at Reliance Securities

Despite Monday crash, market makes longest stretch of weekly gains since 2018 Domestic equity markets were volatile during the week ended as investors were concerned about the new strain of the covid-19 virus found in the UK (PTI) Share Via MUMBAI : The Indian stock markets surged on Thursday recouping nearly 3% from the sell-off on Monday. The BSE Sensex ended at 46,973.54, up 529.36 points or 1.14%. The Nifty closed at 13,749.25, up 148.15 points or 1.09%. Despite a harsh sell-off on Monday, the markets made the longest stretch of weekly gains at least since 2018. TRENDING STORIESSee All 6...