Search results for 'Kotak Mahindra Bank'

Sensex only a whisker away from hitting 85,000

Sensex only a whisker away from hitting 85,000

Rediff.com23 Sep 2024

From the 30 Sensex firms, Mahindra & Mahindra, State Bank of India, Bharti Airtel, Hindustan Unilever, Kotak Mahindra Bank, UltraTech Cement, Adani Ports, and Tata Steel were the biggest gainers. ICICI Bank, IndusInd Bank, Asian Paints, Tech Mahindra, Infosys, HCL Technologies, Tata Consultancy Services, and Larsen & Toubro were among the laggards.

RIL, Infosys lead rebound; Sensex gains 820 points

RIL, Infosys lead rebound; Sensex gains 820 points

Rediff.com9 Aug 2024

Most of the Sensex firms settled in the positive territory. Mahindra & Mahindra, Tata Motors, Tech Mahindra, JSW Steel, State Bank of India, HCL Technologies, Reliance Industries and Infosys were the biggest gainers. Kotak Mahindra Bank and Maruti were the laggards.

Oil & gas, FMCG shares drag markets down

Oil & gas, FMCG shares drag markets down

Rediff.com1 Oct 2024

From the 30 Sensex firms, IndusInd Bank, Asian Paints, Hindustan Unilever, Tata Motors, Tata Steel, Titan, Reliance Industries and NTPC were among the major laggards. Tech Mahindra, Mahindra & Mahindra, Kotak Mahindra Bank, Infosys, HCL Technologies and State Bank of India were among the major gainers.

Sensex rebounds 376 pts, Nifty closes above 24,900

Sensex rebounds 376 pts, Nifty closes above 24,900

Rediff.com9 Sep 2024

Benchmark Sensex bounced back from early lows and closed higher by nearly 376 points on Monday, snapping its four-day losing run following a rally in blue-chips ICICI Bank, HUL and HDFC Bank. The 30-share BSE Sensex rebounded 375.61 points or 0.46 per cent to settle at 81,559.54. The index opened lower and hit a low of 80,895.05 points in early trade.

Kotak gets FMC nod for commodity exchange

Kotak gets FMC nod for commodity exchange

Rediff.com15 May 2009

The Kotak group is set to launch the country's fifth national commodity exchange, in association with the Ahmedabad Commodity Exchange (ACE), in which it is picking up a majority equity stake as an anchor investor.

Sensex jumps 941 points on bank stocks and firm global trends

Sensex jumps 941 points on bank stocks and firm global trends

Rediff.com29 Apr 2024

Benchmark BSE Sensex rebounded sharply by 941 points while NSE Nifty closed above the 22,600 level on Monday on the back of buying in banking and infra shares and a global stocks rally. The 30-share BSE Sensex jumped 941.12 points or 1.28 per cent to settle at 74,671.28. During the day, it zoomed 990.99 points or 1.34 per cent to 74,721.15.

No drastic job cuts post bank merger: Uday Kotak

No drastic job cuts post bank merger: Uday Kotak

Rediff.com21 Nov 2014

Kotak Mahindra Bank chief Uday Kotak has assured that there will not be "any dramatic" reduction immediately in the number of employees following the merger of ING Vysya Bank.

Sensex climbs 260 points on FII buying, hopes of India-US trade deal

Sensex climbs 260 points on FII buying, hopes of India-US trade deal

Rediff.com2 May 2025

Bajaj Finance, IndusInd Bank, State Bank of India, Maruti, Tata Motors, ITC, Tata Steel and Reliance Industries were also among the gainers. Nestle, NTPC, Kotak Mahindra Bank, Power Grid and Titan were among the laggards.

Sensex, Nifty rebound as Reliance, ITC gain

Sensex, Nifty rebound as Reliance, ITC gain

Rediff.com10 May 2024

From the Sensex basket, Power Grid, NTPC, JSW Steel, Asian Paints, ITC, Bharti Airtel, Hindustan Unilever and Tata Motors were the biggest gainers. On the other hand, Tata Consultancy Services, Kotak Mahindra Bank, Infosys, Wipro, Mahindra & Mahindra and HDFC Bank were among the laggards.

Sensex surges 1310 points as US suspends additional 26% tariffs on India till July 9

Sensex surges 1310 points as US suspends additional 26% tariffs on India till July 9

Rediff.com11 Apr 2025

From the Sensex firms, Tata Steel, Power Grid, NTPC, Kotak Mahindra Bank, Reliance Industries and Adani Ports were among the biggest gainers. Asian Paints and Tata Consultancy Services were the only laggards.

Sensex falls 379 pts on profit taking in bank & IT stocks

Sensex falls 379 pts on profit taking in bank & IT stocks

Rediff.com2 Jan 2024

Among the Sensex firms, Kotak Mahindra Bank, UltraTech Cement, Mahindra & Mahindra, Larsen & Toubro, ICICI Bank, IndusInd Bank, Wipro and Hindustan Unilever were the major laggards. Sun Pharma, Bajaj Finance, Bharti Airtel, Reliance Industries, Bajaj Finserv and Titan were among the winners.

Global trends, banking stocks help markets end in green

Global trends, banking stocks help markets end in green

Rediff.com23 Nov 2022

Equity benchmarks ended higher on Wednesday amid buying in banking counters and a firm trend in global markets. Continuing its previous day rally, the 30-share BSE Sensex climbed 91.62 points or 0.15 per cent to settle at 61,510.58. During the day, it jumped 361.94 points or 0.58 per cent to 61,780.90. The broader NSE Nifty gained 23.05 points or 0.13 per cent to end at 18,267.25.

Sensex ends down 571 points; ICICI Bank sinks 2.81%

Sensex ends down 571 points; ICICI Bank sinks 2.81%

Rediff.com21 Sep 2023

ICICI Bank was the biggest loser in the Sensex pack, slipping 2.81 per cent, followed by Mahindra & Mahindra, State Bank of India, UltraTech Cement, IndusInd Bank, Kotak Mahindra Bank, Tata Motors, Bajaj Finserv, Axis Bank and Power Grid. Tech Mahindra, Bharti Airtel, Infosys, Asian Paints, Hindustan Unilever, Larsen & Toubro and Titan were the gainers.

Sensex, Nifty surge on rally in US markets, foreign fund inflows

Sensex, Nifty surge on rally in US markets, foreign fund inflows

Rediff.com26 Aug 2024

Among the 30 Sensex firms, HCL Technologies, NTPC, Bajaj Finserv, Tech Mahindra, JSW Steel, Titan, Mahindra & Mahindra, Tata Steel, Larsen & Toubro and Tata Consultancy Services were the biggest gainers. Kotak Mahindra Bank, IndusInd Bank, Maruti and Hindustan Unilever were among the laggards.

Uday Kotak: A journey to meteoric heights cut short by regulator

Uday Kotak: A journey to meteoric heights cut short by regulator

Rediff.com2 Sep 2023

Growing up in the Mumbai of 1970s, Uday Kotak aspired to be a cricketer and trained under legendary coach Ramakant Aachrekar. However, it was an on-field injury which resulted in a shift to finance. He started off with bill discounting, turned to lending and successfully applied to start a universal bank in the first decade of the millennium, as India was warming up to private play in banking.

Sensex, Nifty decline on selloff in banking, financial stocks

Sensex, Nifty decline on selloff in banking, financial stocks

Rediff.com17 Nov 2023

Bajaj Finance, ICICI Bank, Bajaj Finserv, IndusInd Bank, Infosys, Kotak Mahindra Bank, Wipro, and Reliance Industries were among the other laggards. On the other hand, Larsen & Toubro, Hindustan Unilever, Power Grid, Asian Paints, Nestle and Mahindra & Mahindra were the major gainers.

Sensex, Nifty hit fresh record closing high levels on rate cut hopes

Sensex, Nifty hit fresh record closing high levels on rate cut hopes

Rediff.com17 Sep 2024

Benchmark Sensex rose by nearly 91 points to close at a fresh lifetime high while Nifty settled above the 25,400 level for the first time supported by firm global trends ahead of the much-awaited US Fed's decision on interest rates. Extending its record-setting spree for the second day, the 30-share BSE Sensex climbed 90.88 points or 0.11 per cent to settle at a lifetime high of 83,079.66. During the day, it rose by 163.63 points or 0.19 per cent to 83,152.41.

Sensex, Nifty hit all-time highs on rally in RIL, Tata Motors shares

Sensex, Nifty hit all-time highs on rally in RIL, Tata Motors shares

Rediff.com29 Aug 2024

Among the 30 Sensex firms, Tata Motors jumped over 4 per cent, followed by Bajaj Finserv, Bajaj Finance, HCL Technologies, ITC, Reliance Industries, Tech Mahindra, Maruti and State Bank of India. Reliance Industries climbed nearly 2 per cent after Mukesh Ambani, chairman and managing director of the firm, said the board of the company will meet on September 5 to consider issuing bonus shares in the ratio of 1:1.

Sensex reclaims 80K; Nifty surges 405 points

Sensex reclaims 80K; Nifty surges 405 points

Rediff.com25 Nov 2024

From the 30-share Sensex pack, Mahindra & Mahindra, Larsen & Toubro, State Bank of India, Reliance Industries, ICICI Bank and Bajaj Finance were the biggest gainers. JSW Steel and Infosys were the laggards.

Mcap of 8 top firms tumbles over Rs 2.48 lakh cr

Mcap of 8 top firms tumbles over Rs 2.48 lakh cr

Rediff.com15 May 2022

Eight of the 10 most valued companies suffered a combined erosion of Rs 2,48,372.97 crore in their market valuation last week in line with a weak broader market trend, with Reliance Industries taking the biggest hit. Last week, Sensex lost 2,041.96 points or 3.72 per cent. While Reliance Industries, Tata Consultancy Services, HDFC Bank, Infosys, ICICI Bank, State Bank of India, HDFC and Bharti Airtel were the laggards, Hindustan Unilever Limited and Kotak Mahindra Bank emerged as gainers.

Sensex, Nifty settle marginally lower in volatile trade

Sensex, Nifty settle marginally lower in volatile trade

Rediff.com12 Aug 2024

From 30 Sensex firms, Adani Ports, NTPC, Power Grid, State Bank of India, Nestle, Mahindra & Mahindra, Reliance Industries and Tata Consultancy Services were the biggest laggards. Axis Bank, Infosys, JSW Steel, Tata Motors, HDFC Bank and Kotak Mahindra Bank were among the gainers from the blue-chip pack.

Market crash wipes out Rs 14 lakh cr from investors kitty

Market crash wipes out Rs 14 lakh cr from investors kitty

Rediff.com7 Apr 2025

Dalal Street investors were a poorer lot on Monday as their wealth eroded sharply by Rs 14 lakh crore following a sharp decline in benchmark indices amid a global market meltdown due to recession fears. The 30-share BSE Sensex tumbled 2,226.79 points or 2.95 per cent to settle at 73,137.90. Intra-day, the benchmark slumped 3,939.68 points or 5.22 per cent to 71,425.01.

Sensex sinks 2,227 pts, its steepest fall since 2024 LS debacle

Sensex sinks 2,227 pts, its steepest fall since 2024 LS debacle

Rediff.com7 Apr 2025

All Sensex shares, except for Hindustan Unilever, ended with losses. Tata Steel fell the most by 7.33 per cent followed by Larsen & Toubro which cracked 5.78 per cent. Tata Motors, Kotak Mahindra Bank, Mahindra & Mahindra, Infosys, Axis Bank, ICICI Bank, HCL Technologies and HDFC Bank were the other big laggards. Hindustan Unilever ended marginally higher.

Sensex soars 1,359 pts to settle above historic 84,000 mark

Sensex soars 1,359 pts to settle above historic 84,000 mark

Rediff.com20 Sep 2024

From the 30 Sensex firms, Mahindra & Mahindra, JSW Steel, Maruti, Tata Steel, Larsen & Toubro, ICICI Bank, Power Grid, Nestle, Bharti Airtel and Adani Ports were the biggest gainers. Tata Consultancy Services emerged as the only laggard.

Sensex, Nifty rise on buying in banking stocks

Sensex, Nifty rise on buying in banking stocks

Rediff.com10 Oct 2024

Equity benchmark indices Sensex and Nifty settled higher on Thursday, powered by a rally in banking and power stocks amid a largely firm trend in global markets. The stock markets mostly traded range-bound in the absence of any major trigger and persistent foreign capital outflows, traders said. The 30-share BSE Sensex rose 144.31 points, or 0.18 per cent, to settle at 81,611.41.

Sensex jumps 496 points; ICICI, Airtel major movers

Sensex jumps 496 points; ICICI, Airtel major movers

Rediff.com19 Jan 2024

Among the Sensex firms, Bharti Airtel, NTPC, Tech Mahindra, Mahindra & Mahindra, Tata Steel, UltraTech Cement, Titan, Axis Bank, JSW Steel and Larsen & Toubro were the major gainers. IndusInd Bank, Kotak Mahindra Bank, HDFC Bank and State Bank of India were the laggards.

Bank stocks help Sensex jump 446 points at close

Bank stocks help Sensex jump 446 points at close

Rediff.com27 Jun 2023

From the Sensex pack, State Bank of India, HDFC, Axis Bank, HDFC Bank, Bharti Airtel, Kotak Mahindra Bank, ICICI Bank, Tata Motors, NTPC and Bajaj Finserv were the major gainers.

Covid-19 provisioning badly hits profits of top private banks

Covid-19 provisioning badly hits profits of top private banks

Rediff.com2 Jun 2020

Axis Bank and ICICI Bank consumed 37-59 per cent of their operating profit for COVID-19 provisioning, while the figure is 24 per cent in case of Kotak Mahindra Bank and 10-12 per cent for IndusInd Bank and HDFC Bank.

BSE, NSE end in red after hitting fresh lifetime highs

BSE, NSE end in red after hitting fresh lifetime highs

Rediff.com2 Jul 2024

Among the Sensex pack, Kotak Mahindra Bank, Bharti Airtel, IndusInd Bank, Tata Motors, ICICI Bank, Bajaj Finance, State Bank of India and Titan were the biggest laggards. Larsen & Toubro, Infosys, HDFC Bank, Tata Consultancy Services, HCL Technologies and Tata Steel were the biggest gainers.

Kotak to buy 15% stake in MCX for Rs 459 cr

Kotak to buy 15% stake in MCX for Rs 459 cr

Rediff.com21 Jul 2014

Kotak Mahindra Bank has decided to buy a 15 per cent stake in Multi Commodity Exchange (MCX) for Rs 459 crore from Financial Technologies India (FTIL).

Sensex gains 36 points; Nifty ends in red

Sensex gains 36 points; Nifty ends in red

Rediff.com19 Jun 2024

Among the 30 Sensex companies, Axis Bank, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, IndusInd Bank, State Bank of India, Infosys, Wipro, Tech Mahindra and HCL Technologies were the gainers. On the other hand, Titan, Maruti, Bharti Airtel, Larsen & Toubro, NTPC, Reliance Industries, Bajaj Finance and Power Grid were among the laggards.

Markets @ record high on buying in IT stocks

Markets @ record high on buying in IT stocks

Rediff.com12 Jul 2024

Among the Sensex pack, Tata Consultancy Services climbed nearly 7 per cent after the country's largest IT services player reported 8.7 per cent growth for the June quarter net profit at Rs 12,040 crore. Infosys, HCL Technologies, Tech Mahindra, Axis Bank, Reliance Industries, JSW Steel, Bajaj Finance and Larsen & Toubro were the other major gainers. Maruti, Asian Paints, Titan, Kotak Mahindra Bank, Bharti Airtel and ICICI Bank were among the laggards.

Markets tumble on profit booking; Sensex sinks 427 points

Markets tumble on profit booking; Sensex sinks 427 points

Rediff.com10 Jul 2024

In the Sensex pack, Mahindra & Mahindra tanked over 6 per cent after the company cut the prices of its SUV models to boost demand. Mahindra & Mahindra said its XUV700's fully-loaded AX7 range now starts at Rs 19.49 lakh, a price cut of over Rs 2 lakh. Tata Steel, Tata Consultancy Services, HCL Technologies, State Bank of India, JSW Steel, Tata Motors and Kotak Mahindra Bank were other losers.

BSE, NSE settle marginally lower in volatile trade

BSE, NSE settle marginally lower in volatile trade

Rediff.com24 Nov 2023

Among the Sensex firms, HCL Tech, Wipro, Tata Consultancy Services, Tech Mahindra, Nestle, Tata Motors, Infosys, Bharti Airtel, UltraTech Cement and Tata Steel were among the laggards. On the other hand, Axis Bank, HDFC Bank, ICICI Bank, JSW Steel, Mahindra & Mahindra and Kotak Mahindra Bank were the major gainers.

M-cap of nine most-valued companies jump over Rs 2.22 lakh cr

M-cap of nine most-valued companies jump over Rs 2.22 lakh cr

Rediff.com8 Aug 2021

Nine of the top-10 most valued domestic companies together added a whopping Rs 2,22,591.01 crore in market valuation last week, with heavyweights RIL, TCS and HDFC twins gaining the most. During the last week, the BSE benchmark Sensex rallied 1,690.88 points or 3.21 per cent. The index reached its all-time high of 54,717.24 on August 5. Barring Bajaj Finance, rest nine companies -- Reliance Industries Ltd (RIL), Tata Consultancy Services (TCS), HDFC Bank, Infosys, Hindustan Unilever Ltd (HUL), ICICI Bank, HDFC, State Bank of India and Kotak Mahindra Bank -- logged gains.

FMCG, telecom and select IT shares help markets touch record highs

FMCG, telecom and select IT shares help markets touch record highs

Rediff.com16 Jul 2024

Among Sensex shares, Hindustan Unilever, Bharti Airtel, Tech Mahindra, Infosys, Mahindra & Mahindra, ICICI Bank, ITC and Asian Paints were the biggest winners. On the other hand, Kotak Mahindra Bank, Reliance Industries, NTPC, UltraTech Cement and Power Grid were among the laggards.

Kotak to raise $300 mn via offshore funds

Kotak to raise $300 mn via offshore funds

Rediff.com13 Nov 2007

Kotak Mahindra Bank is raising a total of $300 million through three separate offshore funds - an infrastructure fund, a Shari'ah fund for Muslim investors and a multi-cap fund for European investors - to tap the growing appetite of global investors.

Sensex, Nifty settle flat after hitting fresh all-time highs

Sensex, Nifty settle flat after hitting fresh all-time highs

Rediff.com29 Jul 2024

From the Sensex pack, Larsen & Toubro, Bajaj Finserv, Mahindra & Mahindra, UltraTech Cement, State Bank of India, IndusInd Bank, Reliance Industries and Sun Pharma were among the biggest gainers. Bharti Airtel, Titan, ITC, Kotak Mahindra Bank, Tech Mahindra and HDFC Bank were among the laggards.

Banking, financial stocks drag markets down

Banking, financial stocks drag markets down

Rediff.com15 Jun 2023

Wipro was the biggest loser in the Sensex pack, slipping nearly 2 per cent, followed by IndusInd Bank, State Bank of India, Kotak Mahindra Bank, ICICI Bank, HDFC Bank, Infosys, Tata Consultancy Services, HDFC and Bajaj Finserv. On the other hand, Nestle, Mahindra & Mahindra, ITC, HCL Technologies, Asian Paints and Maruti were among the gainers.