Bear Trap! Why Bandh...from Tiyas

29 Mar 2023, 02:23 · Views 3,914

Bear Trap! Why Bandhan Bank shares hit 3-year low. The reason for the sharp fall in the stock couldn’t be ascertained at the time of filing this report. However, the private sector lender has been struggling with rising bad loans at a time when most of its peers, including the public sector ones, have shown sharp improvement in asset quality.

Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.

Reply 0

Leave Your Message Now

Tiyas

654 Posted · 907 Followers

Gold drops by Rs 230, silver declines Rs 380. "Spot gold prices in the Delhi markets traded at Rs 58,750 per 10 grams, down Rs 230 per 10 grams," Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said.

Tiyas

Jubilant Food stock price down 1.26 per cent as Sensex slides. As of 31-Dec-2022, promoters held 41.94 per cent stake in the company, while FIIs held 26.77 per cent and domestic institutional investors had 14.49 per cent.

Tiyas

Embassy REIT Acquires Embassy Business Hub in Bengaluru for Rs 334.8 crore. Embassy Office Parks REIT has agreed to acquire Embassy Business Hub, a 1.4 million square feet (‘msf’) office property in Bengaluru, for a total enterprise value of Rs 334.8 crore. Embassy REIT plans to fund the acquisition through debt at an 8.1% interest cost per annum, for which it has secured binding commitments from leading financial institutions.

Tiyas

First Citizens shares soar 50% after the bank buys a large chunk of failed Silicon Valley Bank. The deal will see First Citizens BancShares purchase approximately $72 billion of SVB assets at a discount of $16.5 billion.

Tiyas

Crypto Price Today: Bitcoin holds above $27,000; BNB, Litecoin down 5%. The crypto market is feeling the pressure of CFTC action against Binance as BTC price has slipped around the $27,000 level which is a drop of nearly 3% in the last 24 hours. We can expect the market to remain choppy in the coming weeks owing to the latest developments," Shivam Thakral, CEO of BuyUcoin, said.

Tiyas