Adani effect? PSU bank stocks fall up to 7%; SBI, PNB, BoB lead
Indian banks and NBFCs have given over ₹88,000 cr in loans to the Adani Group, with three big PSBs (SBI, PNB, Bank of Baroda) having exposure of nearly ₹40,000 cr.
Indian banks and NBFCs have given over ₹88,000 cr in loans to the Adani Group, with three big PSBs (SBI, PNB, Bank of Baroda) having exposure of nearly ₹40,000 cr.
Indian Hotels shares surged 2.7% to hit a fresh record high of ₹774 on the BSE today after the company unveiled its growth plans.
The cumulative m-cap of the Adani group stocks dropped by ₹1.86 lakh crore to ₹12.42 lakh crore from ₹14.28 lakh crore at the end of trade on Wednesday.
Nifty50 is currently valued at 20.6 times of its trailing 12-month earnings, following recent market corrections.
Ahead of opening of the IPO, NTPC Green Energy raised ₹3,960 crore from anchor investors at ₹108 apiece.
Goenka has been appointed as CEO to focus entirely on operational responsibilities; Mukund Galgali, CFO, will be deputy CEO.
The New Delhi-based online travel company has fixed November 28, 2024, as the record date for the bonus issue.
The largecap telecom stock is down 62% from its 52-week high of ₹19.15 touched on June 28, 2024.
Shares of Mamaearth's parent touched its 52-week low of ₹295.80 on the BSE today, falling below its IPO price of ₹324 per share
The inclusion of Zomato and Jio Financial Services in the Nifty50 would lead to fund inflows of $607 million and $372 million, respectively.