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IT stocks: Stock market update: Nifty IT index climbs nearly 2%; Mphasis jumps nearly 6%


NEW DELHI: Nifty IT index was trading with gains at 12:21PM (IST) on Tuesday.
Shares of MPhasis (up 5.64 per cent), Coforge (up 5.06 per cent), Mindtree (up 3.22 per cent), HCL Technologies (up 2.64 per cent) and Tata Consultancy Services (up 1.9 per cent) were among the top gainers.
The Nifty IT index was trading 1.81 per cent up at 26502.8 around 12:21PM.
Benchmark NSE Nifty50 index was up 67.60 points at 14997.1, while the BSE Sensex was up 283.2 points at 50678.28.
Among the 50 stocks in the Nifty index, 28 were trading in the green, while 22 were in the red.
Shares of Vodafone Idea, PNB, Bank of Baroda, SAIL and Tata Power were among the most traded shares on the NSE. ....

Insurance Corp , Shrenik Ltd , Bc Power Controls Ltd , Firstsource Solutions , Marine Electricals India Ltd , Tata Consultancy Services , Vodafone Idea , Tata Power , Intellect Design , Zensar Tech , General Insurance Corp , Vaibhav Global , Marine Electricals , It Stocks , Nifty It , Mphasis Ltd , Mphasis Share Price , Coforge Ltd , Tata Consultancy Services Ltd , Mindtree Ltd , Hcl Technologies Ltd , காப்பீடு கார்ப் , ஷ்ரேனிக் லிமிடெட் , பி.சி. பவர் கட்டுப்பாடுகள் லிமிடெட் , முதல் ஆதாரம் தீர்வுகள் , கடல் மின்பொருளகம் இந்தியா லிமிடெட் ,

PSU bank stocks: Stock market update: Nifty PSU Bank index falls over 1%; Bank of Maharashtra dives 4%


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Shares of
Punjab National Bank (down 2.21 per cent), Central Bank of India (down 2.09 per cent), Punjab & Sind Bank (down 1.93 per cent) and
Indian Bank (down 1.93 per cent) were the top losers in the index.
While
Bank of Baroda (up 0.13 per cent) were among the top gainers.
The Nifty PSU Bank index was trading 1.4 per cent down at 2283.3 around 01:30PM.
Benchmark NSE Nifty50 index was down 5.85 points at 14923.65, while the BSE Sensex was up 28.61 points at 50423.69.
Among the 50 stocks in the Nifty index, 18 were trading in the green, while 32 were in the red.
Shares of Vodafone Idea, PNB, Bank of Baroda, SAIL and Tata Power were among the most traded shares on the NSE. ....

Insurance Corp , Central Bank , Shrenik Ltd , Bc Power Controls Ltd , Punjab Sind Bank , Firstsource Solutions , Marine Electricals India Ltd , Sind Bank , Vodafone Idea , Tata Power , Intellect Design , Zensar Tech , General Insurance Corp , Vaibhav Global , Marine Electricals , Psu Bank Stocks , Nifty Psu Bank , Bank Of Maharashtra , Bank Of Maharashtra Share Price , Indian Bank , Uco Bank , Bank Of Baroda , Punjab Amp Sind Bank , Punjab National Bank , காப்பீடு கார்ப் , மைய வங்கி ,

Privatisation of Public Sector General Insurance Companies – Any Takers?


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Ever since the finance minister (FM) announced in her budget speech that the government will privatise a couple of banks and a general insurance company in the coming financial year, speculation has been rife about the possible candidates for disinvestment. There has been another major announcement, that of raising the limit for foreign direct investment (FDI) in insurance to 74% which will, indeed, have a far-reaching impact on the insurance landscape in India. The rise in FDI cap merits a separate assessment; this article attempts to examine the likelihood of success of the privatisation effort.
 
What is not clear from the announcement is the reason for taking this step. Is it merely to meet the Budget deficit, or is this the outcome of a paradigm shift that the government has no business to be in business? Or the decision to privatise is driven by the government’s inability or unwillingness to keep pumping more and more capital in government-owned general in ....

Shrirang Samant , Dewan Housing Finance Corporation Ltd , Insurance Companies , Development Authority , Insurance Corp , Air India , Hotel Corporation Of India , Videsh Sanchar Nigam Ltd , Infrastructure Leasing Financial Services , Public Sector General Insurance Companies , General Insurance Corp , United India Insurance , Insurance Sector Woes , Can We Nail , Insurance Regulatory , Infrastructure Leasing , Financial Services , Reliance Home Finance , Reliance Capital , Hotel Corporation , New India Insurance , Mutual Fund Returns , Bank Fixed Deposits , Investor Returns , Portfolio Allocation , ஸ்ரீரங் சமந்த் ,