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Top headlines: SC pulls up Centre over vaccination; PVR Q4 net loss widens

Muthoot Finance fourth quarter net profit up 22% at Rs 1,024 crore

Muthoot Finance Ltd reports consolidated PAT of Rs 1019 97 crores

Muthoot Finance Ltd reports consolidated PAT of Rs 1019 97 crores
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Karnataka Bank Ltd Falls 7 02%

Read more about Karnataka Bank Ltd Falls 7.02% on Business Standard. Karnataka Bank Ltd has added 9.14% over last one month compared to 5.31% gain in S&P BSE Finance index and 4.08% rise in the SENSEX

Financials shares fall

Financials stocks were trading in the negative zone, with the S&P BSE Finance index falling 69.38 points or 0.94% at 7274.54 at 13:49 IST. Among the components of the S&P BSE Finance index, Cholamandalam Investment & Finance Company Ltd (down 4.53%), Max Financial Services Ltd (down 3.28%),Max India Ltd (down 3.03%),SBI Life Insurance Company Ltd (down 2.78%),ICICI Prudential Life Insurance Company Ltd (down 2.43%), were the top losers. Among the other losers were Muthoot Finance Ltd (down 2.34%), UTI Asset Management Company Ltd (down 2.22%), IndusInd Bank Ltd (down 2.11%), ICICI Bank Ltd (down 1.99%), and Motilal Oswal Financial Services Ltd (down 1.87%). On the other hand, Central Bank of India (up 9.94%), Tourism Finance Corporation of India Ltd (up 9.25%), and UCO Bank (up 9.03%) moved up.

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