Adani Energy and Adani Wilmar from the BSE200 index have hit their respective 52-week lows after Gautam Adani and others were charged by US prosecutors for allegedly bribing Indian officials
The acquisition will help Bandhan Group expand its global footprint with new offices in the US, UK, and India, significantly enhancing its presence in these markets
Bandhan Bank shares jumped 9.74 per cent at Rs 184.40 per share on the BSE in Monday's intraday deals
F&O cues for Oct 28: Both FIIs and Proprietary traders hold near about 2 bearish bets in index futures for every bullish trade. In contrast, retail investors hold the opposite position.
Bandhan Bank on Friday reported a 30 per cent increase in net profit at Rs 937 crore for the quarter ended September 30, 2024. The bank had earned a net profit of Rs 721 crore in the year-ago period. Total income rose to Rs 6,095 crore in the quarter under review, from Rs 5,032 crore in the same period a year ago, Bandhan Bank said in a regulatory filing. Interest income of the bank rose to Rs 5,500 crore in the July-September quarter, from Rs 4,492 crore in the September quarter of 2023. Asset quality of the bank witnessed improvement with gross non-performing assets (NPAs) falling to 4.68 per cent of gross advances at the end of the September quarter of 2024, as against 7.32 per cent a year ago. Net NPAs or bad loans also declined to 1.29 per cent, as against 2.32 per cent in the year-ago period. However, the Capital Adequacy Ratio of the bank declined to 14.34 per cent, from 19.21 per cent at the end of September 2023.
Capital Small Finance Bank, ESAF Small Finance Bank, Fedbank Financial Services and Fusion Finance have hit an all-time low in trades on Friday.
FIIs have offloaded Indian equities worth a total of Rs 98,086 crore on the stock exchanges till October 24, data from NSDL showed
F&O cues for Oct 25: The PCR data suggests 'max pain' for Nifty at 24,450 and for Bank Nifty at 51,700, said Dhupesh Dhameja of SAMCO Securities.
F&O cues for Oct 23: FIIs have been net short in index futures since Oct 10; at present they hold 2 short bets for every long trade; Retail investors' long-short ratio stands at 1.75.
F&O cues for Oct 22: Breakout from 24,700-25,250 range to trigger the next directional move, said Sahaj Agarwal of Kotak Securities. IndiaMart InterMesh and RBL Bank among 16 stocks in F&O ban today.
F&O cues for Oct 21: Despite Friday's recovery, Nifty options continues to reflect cautious sentiment, with call writing outweighing put writing on Friday, said Dhupesh Dhameja of SAMCO Securities.
The bank has been maintaining a net interest margin of 7.6 per cent in both quarters of FY25 and Q4 of FY24
The bank informed the exchanges that it has received RBI approval to appoint career PSU banker Partha Pratim Sengupta as MD&CEO of the bank for a period of three years
Bandhan Bank share: Thus far in the calendar year 2024, Bandhan Bank share price has underperformed the market by falling 17 per cent
Derivatives market update Oct 08: FIIs turn bearish on Indian stocks, long-short ratio in index futures dipped below 1 for the first time since August 14. Retail and proprietary trades turn bullish.
The uptick in Bandhan Bank share price came after the company announced a strong set of business updates in the September quarter of financial year 2025 (Q2FY25).
Shares of Bandhan Bank dipped as much as 3.55 per cent at Rs 188.45 a piece intraday on BSE
Derivatives market update for Oct 03: Dhupesh Dhameja of SAMCO Securities sees max pain for Nifty at 25,750 and Bank Nifty at 52,900 based on the existing options data.
Derivatives market update Oct 01: FIIs continue to hold more than 4 long positions in index futures for every short bet. Proprietary trades hold 5 shorts for every bullish bet in index futures.
Derivatives market update for Sept 13: Data shows FIIs added fresh longs in Nifty futures, while covering some shorts in Bank Nifty; Retail, DIIs up short bets. Analysts upbeat on near-term outlook.