News for '-kotak-bank'

Sensex tumbles 300 points amid global sell-off

Sensex tumbles 300 points amid global sell-off

Rediff.com20 Aug 2021

Tata Steel was the top loser in the Sensex pack, plunging over 8 per cent, followed by SBI, Dr Reddy's, Kotak Bank, Sun Pharma, Bajaj Auto and L&T. NSE Nifty declined 118.35 points or 0.71 per cent to 16,450.50.

Sensex pares most losses; still ends in red

Sensex pares most losses; still ends in red

Rediff.com28 Jul 2021

Kotak Bank was the top loser in the Sensex pack, shedding over 2 per cent, followed by Dr Reddy's, M&M, PowerGrid, NTPC, Nestle India and HDFC Bank. NSE Nifty slipped 37.05 points to 15,709.40.

Sensex jumps over 1,000 pts despite Fed rate hike

Sensex jumps over 1,000 pts despite Fed rate hike

Rediff.com17 Mar 2022

Equity benchmark Sensex surged past the 57,000-mark by rallying over 1,000 points on Thursday, tracking an overall bullish trend in global equities despite the US Federal Reserve hiking rates. The 30-share BSE index closed 1,047.28 points or 1.84 per cent higher at 57,863.93. Likewise, the NSE Nifty surged 311.70 points or 1.84 per cent to end at 17,287.05.

Sensex ends 78 pts lower tracking losses in index majors

Sensex ends 78 pts lower tracking losses in index majors

Rediff.com22 Sep 2021

HDFC was the top loser in the Sensex pack, shedding over 1 per cent, followed by Nestle India, ICICI Bank, Kotak Bank and HDFC Bank. The NSE Nifty declined 15.35 points to 17,546.65.

Sensex sinks 889 points amid broad-based selloff

Sensex sinks 889 points amid broad-based selloff

Rediff.com17 Dec 2021

IndusInd Bank was the top loser in the Sensex pack, shedding around 5 per cent, followed by Kotak Bank, HUL, Titan, Bajaj Finserv and HDFC. NSE Nifty plunged 263.20 points to 16,985.20.

Bank, energy stocks push Sensex into red; ends down 143 points

Bank, energy stocks push Sensex into red; ends down 143 points

Rediff.com4 Feb 2022

Falling the second consecutive session, equity benchmark Sensex dropped over 140 points on Friday, tracking weakness in banking and energy stocks amid a mixed trend overseas. Investors also remained concerned over persistent foreign fund outflows, traders said. The 30-share BSE index ended 143.20 points or 0.24 per cent lower at 58,644.82. Similarly, the NSE Nifty shed 43.90 points or 0.25 per cent to close at 17,516.30.

Sensex tumbles over 430 pts on profit-booking

Sensex tumbles over 430 pts on profit-booking

Rediff.com5 Apr 2022

Equity benchmark Sensex dropped over 430 points on Tuesday as investors booked profits in banking and financial stocks after sharp gains in the previous session. Investor focus returned to the Russia-Ukraine war and rising oil prices, traders said. The 30-share BSE gauge ended 435.24 points or 0.72 per cent lower at 60,176.50.

Sensex tumbles 341 points on weak global cues

Sensex tumbles 341 points on weak global cues

Rediff.com11 May 2021

Kotak Bank was the top loser in the Sensex pack, shedding 3 per cent, followed by HDFC, Bajaj Finance, Bajaj Finserv, Tech Mahindra, HUL and Titan. NSE Nifty slumped 91.60 points to 14,850.75.

IT, financial shares boost Sensex by 651 points

IT, financial shares boost Sensex by 651 points

Rediff.com10 Jan 2022

On the Sensex chart, Titan, Maruti, SBI, L&T, HDFC and Kotak Bank emerged as prominent gainers. NSE Nifty climbed 190.60 points to settle at 18,003.30.

Post-Budget market rally continues; Sensex surges 696 points

Post-Budget market rally continues; Sensex surges 696 points

Rediff.com2 Feb 2022

IndusInd Bank was the top gainer in the Sensex pack, spurting over 5 per cent, followed by Bajaj Finserv, HCL Tech, Bajaj Finance, Kotak Bank and Axis Bank. NSE Nifty jumped 203.15 points to 17,780.00.

Sensex, Nifty end marginally lower

Sensex, Nifty end marginally lower

Rediff.com27 Sep 2022

Equity benchmark Sensex and Nifty ended marginally down on Tuesday tracking losses in metal, banking and financial stocks. Investors also remained concerned over persistent foreign fund outflows, traders said. Falling for the fifth consecutive session, the 30-share BSE index ended 37.70 points or 0.07 per cent lower at 57,107.52. Similarly, the NSE Nifty shed 8.90 points or 0.05 per cent to close at 17,007.40.

Sensex ends in red; sheds 291 points on profit-booking

Sensex ends in red; sheds 291 points on profit-booking

Rediff.com19 May 2021

Bajaj Finserv was the top loser in the Sensex pack, shedding around 2 per cent, followed by HDFC, M&M, Bharti Airtel, UltraTech Cement and Kotak Bank. NSE Nifty fell 77.95 points to 15,030.15.

Sensex bleeds in morning trade, down by 869 pts

Sensex bleeds in morning trade, down by 869 pts

Rediff.com25 Jan 2023

Benchmark indices Sensex and Nifty declined in early trade on Wednesday due to selling in financials, oil and IT stocks amid weak global trends.

Sensex slips below 61K; Nifty retains 18,000 mark

Sensex slips below 61K; Nifty retains 18,000 mark

Rediff.com10 Nov 2022

Equity benchmark Sensex declined over 410 points to close below the 61,000-mark on Thursday, tracking weakness in M&M, Bajaj Finserv and Reliance Industries amid widespread selling pressure in global markets. A depreciating rupee also put pressure on domestic equities, traders said. In a subdued session, the 30-share BSE Sensex ended 419.85 points or 0.69 per cent lower at 60,613.70.

Markets extend gains in volatile trade; Sensex ends up 355 points

Markets extend gains in volatile trade; Sensex ends up 355 points

Rediff.com17 Mar 2023

HCL Tech led the Sensex gainers' chart, spurting 3.58 per cent, followed by UltraCement, Nestle India, Tata Steel, Kotak Bank, ICICI Bank, Bharti Airtel and HDFC twins. In contrast, ITC, Maruti, NTPC, Asian Paints and Sun Pharma were among the main laggards, shedding up to 1.51 per cent.

Sensex rises 69 points; Nifty inches up to record 17,380

Sensex rises 69 points; Nifty inches up to record 17,380

Rediff.com14 Sep 2021

IndusInd Bank was the top gainer in the Sensex pack, rising over 4 per cent, followed by HCL Tech, Bajaj Auto, Tech Mahindra, L&T and Kotak Bank.

Sensex rallies over 1,300 pts to reclaim 60,000-level

Sensex rallies over 1,300 pts to reclaim 60,000-level

Rediff.com4 Apr 2022

Equity benchmark Sensex surged over 1,300 points on Monday to reclaim the 60,000-level, boosted by intense buying in banking and financial stocks after the announcement of merger between HDFC and HDFC Bank. Strong global cues and receding crude oil prices also propped up the domestic equity markets, according to traders. Shares of HDFC and HDFC Bank rallied nearly 10 per cent as investors lapped up the merger deal.

Index heavyweights drag Sensex down 283 points

Index heavyweights drag Sensex down 283 points

Rediff.com23 Jun 2021

Kotak Bank was the top loser in the Sensex pack, shedding over 1 per cent, followed by L&T, Tata Steel, HDFC, TCS, Reliance Industries, HCL Tech and ICICI Bank.

Sensex down 334 points as metal, power shares retreat amid FII outflows

Sensex down 334 points as metal, power shares retreat amid FII outflows

Rediff.com6 Feb 2023

Benchmark Sensex dropped 334 points on Monday due to intense selling pressure in metal and power stocks as FII outflows dampened investor sentiment. Besides, a sharp decline in the rupee against the US dollar also put pressure on domestic equities, traders said. After losing nearly 500 points, the 30-share BSE index recovered some lost ground to settle at 334.98 points or 0.55 per cent lower at 60,506.90. During the session, the index touched its intra-day low of 60,345.61.

Kotak Bank to dilute promoters' stake by 11%

Kotak Bank to dilute promoters' stake by 11%

Rediff.com9 Apr 2003

The promoters of Kotak Mahindra Bank will bring down their equity by 11 per cent to 49 per cent by 2004 in order to comply with the Reserve Bank of India's stipulations

Sensex sinks 770 pts; profit-booking in IT, financials

Sensex sinks 770 pts; profit-booking in IT, financials

Rediff.com3 Feb 2022

HDFC was the top laggard in the Sensex pack, shedding over 3 per cent, followed by Infosys, L&T, Kotak Bank, Bajaj Finserv and Tech Mahindra.

Markets retreat from record highs; Sensex falls 216 pts

Markets retreat from record highs; Sensex falls 216 pts

Rediff.com19 Jun 2023

Kotak Mahindra Bank was the biggest loser from the Sensex pack, skidding 1.83 per cent, followed by Axis Bank, NTPC, Hindustan Unilever, ICICI Bank, Bharti Airtel, Reliance Industries, HCL Technologies, IndusInd Bank and Nestle. In contrast, Bajaj Finance, Bajaj Finserv, Tech Mahindra, Tata Consultancy Services, Titan, Infosys, HDFC Bank, HDFC and ITC were the gainers.

Sensex surges 584 points; private banks rally

Sensex surges 584 points; private banks rally

Rediff.com9 Mar 2021

Kotak Bank was the top gainer in the Sensex pack, rising around 3 per cent, followed by HDFC twins, ICICI Bank, Tech Mahindra, Bajaj Finance, Asian Paints and TCS. NSE Nifty surged 142.20 points to 15,098.40.

Sensex rallies 308 pts; Nifty hits fresh record at 15,436

Sensex rallies 308 pts; Nifty hits fresh record at 15,436

Rediff.com28 May 2021

Reliance Industries was the top gainer in the Sensex pack, soaring nearly 6 per cent, followed by M&M, HDFC twins, Kotak Bank, ITC and Bharti Airtel.

Sensex surged over 175 points to close at new high

Sensex surged over 175 points to close at new high

Rediff.com27 Aug 2021

UltraTech Cement was the top gainer in the Sensex pack, surging over 3 per cent, followed by L&T, Dr Reddy's, Bajaj Finserv, Sun Pharma, TCS and Kotak Bank. NSE Nifty gained 68.30 points to finish at a record 16,705.20.

Sensex ends 125 pts lower; Nifty slips below 17,600

Sensex ends 125 pts lower; Nifty slips below 17,600

Rediff.com17 Sep 2021

Kotak Bank was the top gainer in the Sensex pack, rising over 5 per cent, followed by Bharti Airtel, HDFC Bank, Maruti, Axis Bank and Nestle India.

Sensex nosedives 1,017 points; Nifty slumps below 16,300

Sensex nosedives 1,017 points; Nifty slumps below 16,300

Rediff.com10 Jun 2022

Equity benchmark Sensex slumped over 1,000 points to sink below the 55,000-level on Friday, tracking deep losses in IT, finance, banking and energy stocks amid widespread selling in the global markets. A weak rupee, surging crude prices and relentless foreign capital outflows further weighed on sentiment, traders said. The 30-share BSE index ended 1,016.84 points or 1.84 per cent lower at 54,303.44.

Selling in auto, metal stocks drag Sensex down 196 pts

Selling in auto, metal stocks drag Sensex down 196 pts

Rediff.com30 Nov 2021

Tata Steel was the top loser in the Sensex pack, shedding around 4 per cent, followed by Kotak Bank, Bajaj Auto, M&M, Bharti Airtel, Reliance Industries, IndusInd Bank and Maruti. NSE Nifty declined 70.75 points to close at 16,983.20.

Sensex plummets 1,159 points to end below 60K

Sensex plummets 1,159 points to end below 60K

Rediff.com28 Oct 2021

ITC was the top loser in the Sensex pack, tumbling over 5 per cent, followed by ICICI Bank, Kotak Bank, Axis Bank, SBI and HDFC Bank. NSE Nifty sinks 354 points to 17,857.25.

Sensex soars 887 pts on global market rebound

Sensex soars 887 pts on global market rebound

Rediff.com7 Dec 2021

Recovering from a two-session carnage, equity benchmark Sensex rebounded 887 points on Tuesday, led by gains in index majors ICICI Bank, HDFC twins and Infosys amid a positive trend in global markets. According to experts, global equity markets are slightly relieved after studies pertaining to the Omicron strain of COVID-19 suggest that even though it is fast spreading, it is largely milder than the Delta variant. The 30-share BSE Sensex ended 886.51 points or 1.56 per cent higher at 57,633.65.

Sensex rises 243 points; Nifty ends above 18K

Sensex rises 243 points; Nifty ends above 18K

Rediff.com15 Feb 2023

Benchmark Sensex pared early losses to close 242 points higher while Nifty settled above the 18,000-mark on Wednesday following gains in IT, oil and select banking stocks amid mixed global trends. Extending gains for a second day, the 30-share BSE Sensex advanced 242.83 points or 0.40 per cent to close at 61,275.09 with 20 of its constituents ending in the green. The index opened lower at 60,990.05 but later regained foot to touch a high of 61,352.55 in day trade.

Sensex rebounds 377 pts, Nifty closes above 17,850

Sensex rebounds 377 pts, Nifty closes above 17,850

Rediff.com8 Feb 2023

Benchmark equity indices Sensex and Nifty closed higher by more than half a per cent on Wednesday following buying in IT, financial and oil stocks after the RBI slowed down the pace of interest rate hikes. Ending its two-day slide, the 30-share BSE Sensex rebounded by 377.75 points or 0.63 per cent to close at 60,663.79 with 24 of its constituents posting gains. The broader Nifty of the NSE spurted by 150.20 points or 0.85 per cent to settle at 17,871.70, riding on a rally in Adani Enterprises, Adani Ports and HDFC Life.

Sensex down 254 pts; index majors weigh

Sensex down 254 pts; index majors weigh

Rediff.com29 Sep 2021

HDFC was the top loser in the Sensex pack, shedding nearly 2 per cent, followed by Kotak Bank, Asian Paints, UltraTech Cement, HDFC Bank, HUL and Tech Mahindra.

RIL, TCS, HDFC twins drag Sensex down by 621 points

RIL, TCS, HDFC twins drag Sensex down by 621 points

Rediff.com6 Jan 2022

Tech Mahindra, the top loser in the Sensex pack, shed over 2.5 per cent. It was followed by UltraTech Cement, Reliance Industries, HCL Tech, HDFC, Kotak Bank, HDFC Bank and TCS. NSE Nifty plunged 179.35 points to 17,745.90.

Sensex crosses 59k for first time; Nifty leaps to fresh high

Sensex crosses 59k for first time; Nifty leaps to fresh high

Rediff.com16 Sep 2021

IndusInd Bank was the top gainer in the Sensex pack, spurting over 7 per cent, followed by ITC, SBI, Reliance Industries, Kotak Bank, ICICI Bank and Axis Bank. NSE Nifty surged 110.05 points to its new closing high of 17,629.50.

Sensex ends 296 pts higher; Nifty tops 17,050

Sensex ends 296 pts higher; Nifty tops 17,050

Rediff.com27 Dec 2021

Tech Mahindra was the top gainer in the Sensex pack, rising over 3 per cent, followed by Dr Reddy's, PowerGrid, Kotak Bank, Sun Pharma, ICICI Bank and M&M. On the other hand, IndusInd Bank, Asian Paints, Maruti and Bharti Airtel were among the laggards.

Sensex sinks 1,024 points; banks, financials drag

Sensex sinks 1,024 points; banks, financials drag

Rediff.com7 Feb 2022

HDFC Bank was the top loser in the Sensex pack, shedding over 3.5 per cent, followed by Bajaj Finance, L&T, HDFC, Bajaj Finserv, HDFC and Kotak Bank.

Sensex jumps 320 pts on gains in IT, financial shares

Sensex jumps 320 pts on gains in IT, financial shares

Rediff.com23 Jan 2023

Benchmark BSE Sensex rose by 319 points on Monday on gains in IT and financial stocks after positive quarterly results amid supportive global cues. The 30-share BSE barometer rose by 319.90 or 0.53 per cent to close at 60,941.67. The index opened higher and gained more than 400 points to scale the 61,000 level. It touched a high of 61,113.27 and a low of 60,761.88 in the day.

Markets in bear hug; Sensex, Nifty end in red

Markets in bear hug; Sensex, Nifty end in red

Rediff.com30 Sep 2021

PowerGrid was the top loser in the Sensex pack, shedding around 3 per cent, followed by Asian Paints, Axis Bank, Kotak Bank, Bajaj Auto, SBI and M&M.

ING exits Kotak Bank, sells stake for Rs 801 cr

ING exits Kotak Bank, sells stake for Rs 801 cr

Rediff.com24 Jun 2010

The Dutch financial services major ING on Thursday exited private sector lender Kotak Mahindra Bank by selling its entire stake in a block deal for Rs 801.1 crore (Rs 8.01 billion).