Latest News
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Axis Bank Announces Q4 Net Profit at Rs 7,599 Crore Amid Deposit Accretion Worries -
hBits Expands to Pune with CyberCity Magarpatta Acquisition, Eyes Investment Opportunities -
India's First Green Hydrogen Pilot Project Goes Live at Nathpa Jhakri -
DCB Bank Q4 Results: PAT Grew 9% To Rs 156 Cr, NII Jumps 4.5%; Dividend Declared -
RBI Halts New Customer Onboarding at Kotak Mahindra Bank Over IT Compliance -
Macrotech Developers' Annual Profit Triples Despite Q4 Dip -
DoT Engages TRAI for Equitable Satcom Spectrum Allocation Guidelines -
Axis Bank Q4 Results: Net Profit Stood At Rs 7,130 Cr, NII Grew By 11%; Rs 1/Share Dividend Declared -
Infina Finance, Kotak Bank Promoter, Donates Rs 60 Cr to BJP -
ASK Automotive, AISIN Group Announce Joint Venture for Passenger Car Aftermarket
Sensex, Nifty open higher on strong global cues; banks rally again
Banking stocks like ICICI Bank, State Bank of India, Federal Bank and Bank of India were trading higher in early trade.
Maruti Suzuki was up in early trade after reports that the company had signed an an MoU with Muthoot Vehicle and Asset Finance to help customers avail 100 per cent finance for Maruti cars.
Bharti Airtel was trading marginally weak after reports that Bharti Enterprises has sold a majority stake in group company Beetel Teletech to US-based mobile handset distributor Brightstar Corporation.
Mid cap stocks continued to see buying interest in trade with notable winners being Unitech, Voltas and a host of PSU banking names like Syndicate Bank of India and Union Bank of India.
Among the Nifty losers in trade included names like HDFC and HDFC Bank along with NMDC.
IT stocks were trading flat with Infosys and TCS both showing marginal gains.
Meanwhile, markets across Asia were trading higher except the Singapore Strait Times and the Korean Kospi which were lower in trade.
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