News for 'Kotak Bank'

Sensex, Nifty snap two-day fall as bank, auto shares shine

Sensex, Nifty snap two-day fall as bank, auto shares shine

Rediff.com23 Aug 2022

Benchmark BSE Sensex and Nifty snapped their two-day losing streak to close nearly half a per cent higher on Tuesday following gains in banking, metal and auto stocks. The 30-share BSE Sensex climbed 257.43 points or 0.44 per cent to settle at 59,031.30. During the day, it hit a high of 59,199.11 and a low of 58,172.48.

Sensex drops 336 pts; Nifty ends below 18,200

Sensex drops 336 pts; Nifty ends below 18,200

Rediff.com21 Oct 2021

Asian Paints was the top loser in the Sensex pack, tanking around 5 per cent, followed by Reliance Industries, Infosys, Tata Steel, TCS and Dr Reddy's.

Sensex surges 279 points; IT, finance stocks shine

Sensex surges 279 points; IT, finance stocks shine

Rediff.com16 May 2019

Bajaj Finance was the biggest gainer in the Sensex pack, spurting 3.64 per cent. Tata Motors, Infosys, Vedanta, ONGC, PowerGrid, NPTC, Axis Bank, ICICI Bank, Kotak Bank, SBI, HDFC Bank, Tata Steel, TCS and RIL too rose up to 3.48 per cent.

Markets start FY22 on a high; Sensex reclaims 50,000

Markets start FY22 on a high; Sensex reclaims 50,000

Rediff.com1 Apr 2021

IndusInd Bank, Kotak Bank, ICICI Bank, Sun Pharma, Bajaj Finance and Ultratech Cement were prominent gainers. NSE Nifty rose 176.65 points to 14,867.35.

Investors' wealth up by Rs 11 lk cr in 5 days

Investors' wealth up by Rs 11 lk cr in 5 days

Rediff.com25 Apr 2024

The market capitalisation of BSE-listed companies jumped to a lifetime peak of Rs 404.18 lakh crore on Thursday helped by a five-day rally in benchmark indices, making investors richer by Rs 11.29 lakh crore. Recovering after a sell-off in early trade, the 30-share BSE Sensex climbed 486.50 points or 0.66 per cent to settle at 74,339.44 on Thursday. During the day, it surged 718.31 points or 0.97 per cent to 74,571.25.

Losses in index majors drag Sensex by 678 points

Losses in index majors drag Sensex by 678 points

Rediff.com29 Oct 2021

Tech Mahindra was the top loser in the Sensex pack, shedding over 3 per cent, followed by NTPC, IndusInd Bank, Kotak Bank and Reliance Industries. NSE Nifty fell 185.60 points to 17,671.65.

Sensex ends 454 pts up on buying in IT stocks

Sensex ends 454 pts up on buying in IT stocks

Rediff.com6 Feb 2024

Among the Sensex firms, HCL Technologies, Tata Consultancy Services, Maruti, Wipro, Larsen & Toubro, Infosys, Tata Steel, Bharti Airtel, State Bank of India, Tech Mahindra, UltraTech Cement and Mahindra & Mahindra were the major gainers.

Sensex rallies 383 points to end at 61,350

Sensex rallies 383 points to end at 61,350

Rediff.com26 Oct 2021

Tata Steel was the top gainer in the Sensex pack, spurting around 4 per cent, followed by Titan, Bajaj Finance, Nestle India and Tech Mahindra. NSE Nifty surged 143 points to 18,268.40.

Sensex tanks 329 pts tracking losses in index majors

Sensex tanks 329 pts tracking losses in index majors

Rediff.com15 Dec 2021

Equity benchmark Sensex dropped 329 points on Wednesday, tracking losses in index majors Infosys, Bajaj Finance and HDFC amid a mixed trend in global markets. The 30-share index slumped 329.06 points or 0.57 per cent to end 57,788.03. Similarly, the NSE Nifty fell 103.50 points or 0.60 per cent to 17,221.40.

Pre-IPO allotments lose favour amid market buoyancy and larger float sizes

Pre-IPO allotments lose favour amid market buoyancy and larger float sizes

Rediff.com21 Aug 2024

Pre-initial public offering (IPO) allotments have lost favour amid buoyancy in the market and increase in average float size this year. After hitting a record high in 2023, they have come to a halt, with just three companies opting for such placements totalling Rs 235 crore. This compares to eight deals worth Rs 648 crore during the same period of the previous year.

Sensex plunges 695 pts on profit-booking; Nifty drops below 12,900

Sensex plunges 695 pts on profit-booking; Nifty drops below 12,900

Rediff.com25 Nov 2020

Kotak Bank was the top loser in the Sensex pack, falling around 3 per cent, followed by Axis Bank, Sun Pharma, HDFC Bank, Bajaj Finance and Asian Paints. On the other hand, ONGC, PowerGrid and IndusInd Bank were the gainers.

Sensex drops 127 points; RIL tumbles over 2%

Sensex drops 127 points; RIL tumbles over 2%

Rediff.com13 Sep 2021

ICICI Bank, HUL, HDFC Bank, M&M, Ultra Cement, IndusInd Bank and Tech Mahindra were among the losers in the Sensex pack. NSE Nifty slipped 13.95 points to 17,355.30.

Sensex closes above 75,000 for the first time

Sensex closes above 75,000 for the first time

Rediff.com10 Apr 2024

From the Sensex basket, ITC, Kotak Mahindra Bank, Bharti Airtel, State Bank of India, Asian Paints, Tech Mahindra, Reliance Industries and Nestle were the major gainers. Maruti, HDFC Bank, Larsen & Toubro and Mahindra & Mahindra were among the laggards.

Sensex slips from lifetime high on profit booking

Sensex slips from lifetime high on profit booking

Rediff.com18 Apr 2019

Top losers in the Sensex pack included Yes Bank, Vedanta, IndusInd Bank, Tata Steel, L&T, SBI, NTPC, Kotak Bank, HDFC, HDFC Bank, PowerGrid, Infosys and ITC, falling up to 4.18 per cent.

Headcount in public sector banks has fallen 8.72% in 8 years

Headcount in public sector banks has fallen 8.72% in 8 years

Rediff.com16 Jan 2023

Public-sector banks, which are the largest employers in the banking space, have seen a drop in clerical staff over the years.

Sensex gains marginally to scale new peak after RBI policy decision

Sensex gains marginally to scale new peak after RBI policy decision

Rediff.com5 Apr 2024

Among the Sensex constituents, 18 stocks closed in negative with UltraTech Cement, L&T, Bharti Airtel, Bajaj Finance and Tech Mahindra being major laggards. Other heavyweights like Asian Paints, Maruti, Titan and JSW Steel also saw heavy selling. In contrast, Kotak Mahindra Bank, Bajaj Finserve, HDFC Bank, ITC and SBI bucked the trend and ended the session with a gain of up to 2.09 per cent.

Sensex slumps 324 pts; Nifty drops below 11,650 on F&O expiry

Sensex slumps 324 pts; Nifty drops below 11,650 on F&O expiry

Rediff.com25 Apr 2019

Top losers in the Sensex pack included Tata Steel, Vedanta, Maruti, SBI, Coal India, Tata Motors, Sun Pharma, HUL, RIL, IndusInd Bank, Axis Bank, HDFC duo, ICICI Bank, M&M, Kotak Bank, and Infosys, falling up to 2.89 per cent.

Sensex, Nifty hit record highs as HDFC, TCS rise

Sensex, Nifty hit record highs as HDFC, TCS rise

Rediff.com4 Apr 2024

Among the Sensex constituents, 20 stocks ended the session in green with HDFC Bank, Titan, Tech Mahindra, and Asian Paints being the major gainers. TCS, Maruti, Kotak Mahindra Bank and Bajaj Finserve were the other gainers. In contrast, SBI, Bharti Airtel, JSW Steel, PowerGrid, ITC and Reliance closed the trading with losses.

Close extra bank accounts

Close extra bank accounts

Rediff.com7 Jun 2013

Three or four accounts are enough for one family. Having more increases paperwork and can be misused as well.

Sensex ends 72 points lower; oil, metal stocks drag

Sensex ends 72 points lower; oil, metal stocks drag

Rediff.com24 Jun 2019

ONGC was the top loser in the Sensex pack, ending 3.48 per cent lower. Tata Steel, Vedanta, Bajaj Auto, TechM, RIL, Hero MotoCorp, Kotak Bank, Axis Bank, and Infosys too fell up to 2.33 per cent.

Loans to get more expensive as banks hike lending rates

Loans to get more expensive as banks hike lending rates

Rediff.com10 Jun 2022

A day after the Reserve Bank of India's (RBI's) Monetary Policy Committee hiked the policy repo rate by 50 basis points (bps), several commercial banks, including ICICI Bank and Bank of Baroda, raised their external benchmark-linked loan rates by an equal amount on Thursday. HDFC, the country's largest mortgage lender, too, increased its interest rates on housing loans by another 50 bps. In total, it has raised rates by 85 bps since May 4, when the RBI had increased the repo rate by 40 bps in an off-cycle meeting.

Sensex scales fresh peak, ends 152 points higher

Sensex scales fresh peak, ends 152 points higher

Rediff.com10 Aug 2021

Bharti Airtel was the top gainer in the Sensex pack, rising around 4 per cent, followed by Tech Mahindra, HDFC, Kotak Bank, M&M and HCL Tech. NSE Nifty advanced 21.85 points to 16,280.10.

Sensex rallies 617 points to close above 51K-mark

Sensex rallies 617 points to close above 51K-mark

Rediff.com8 Feb 2021

M&M was the top gainer in the Sensex pack, soaring around 7 per cent, followed by Bajaj Finserv, Bharti Airtel, PowerGrid, Infosys and ICICI Bank. On the other hand, HUL, Kotak Bank, Bajaj Finance and ITC were among the laggards.

Selling in oil, banking & IT shares drag markets down

Selling in oil, banking & IT shares drag markets down

Rediff.com13 Jul 2022

Benchmark equity indices Sensex and Nifty reversed their early gains to close lower on Wednesday due to selling in oil & gas, banking and IT stocks amid weak trends in European markets. The 30-share BSE Sensex declined by 372.46 points or 0.69 per cent to close at 53,514.15, extending its falling streak to a third day. The index opened higher and touched the day's high of 54,211.22 amid gains in Asian markets.

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 soar for 5th straight day; Sensex rallies 553 pts

Markets soar for 5th straight day; Sensex rallies 553 pts

Rediff.com6 Nov 2020

Reliance Industries was the top gainer in the Sensex pack, surging over 3 per cent, followed by Bajaj Finserv, IndusInd Bank, HDFC twins and Kotak Bank. NSE Nifty surged 143.25 points or 1.18 per cent to 12,263.55.

US Treasuries drive RBI's bumper surplus to Centre

US Treasuries drive RBI's bumper surplus to Centre

Rediff.com31 May 2024

A combination of factors, including heavy investments in US Treasury bonds and dollar sales at a healthy profit, facilitated the Indian central bank in transferring a record surplus of Rs 2.11 trillion to the government for 2023-24 (FY24). The RBI's dollar purchases increased in FY24, supported by robust capital inflows endorsing the economy's health.

Markets in bear hug; Sensex sinks over 900 points

Markets in bear hug; Sensex sinks over 900 points

Rediff.com13 Mar 2024

Equity benchmark index Sensex on Wednesday crashed over 900 points to sink below the 73,000 level due to widespread selling pressure amid a sharp fall in smallcap and midcap indices. Besides, deep losses in utility, energy and metal stocks and recent selling by foreign investors added to the gloom, analysts said. Benchmark indices started the session on a positive note, but the selling intensified during afternoon trade, with all sectoral indices ending in the red.

Sensex ends 81 points lower; financial stocks drag

Sensex ends 81 points lower; financial stocks drag

Rediff.com11 May 2020

ICICI Bank was the top laggard in the Sensex pack, cracking over 5 per cent, followed by Kotak Bank, HUL, HDFC, IndusInd Bank, HDFC Bank and Nestle India. On the other hand, Hero MotoCorp, Bajaj Auto, Maruti, TCS and HCL Tech were among the gainers.

Banking services hit for 2nd consecutive day

Banking services hit for 2nd consecutive day

Rediff.com17 Dec 2021

Lakhs of employees of public sector banks continued their strike on the second day on Friday as well to protest against proposed privatisation of banks by the government impacting normal operation across the country. Shutters of branches across many parts of the country on Friday were down following the strike call given by the United Forum of Bank Union (UFBU), an umbrella body of nine bank unions including All India Bank Officers' Confederation (AIBOC), All India Bank Employees Association (AIBEA) and National Organisation of Bank Workers (NOBW). As a result, services such as deposits and withdrawal at branches, cheque clearance and loan approvals remains paralaysed due to the two-day strike ending later in the day.

Sensex erases gains; drops 134 points at close

Sensex erases gains; drops 134 points at close

Rediff.com18 Sep 2020

HDFC Bank was the top loser in the Sensex pack, shedding over 2 per cent, followed by Kotak Bank, Bajaj Finserv, Maruti, Titan, SBI, HUL, HDFC and Tata Steel. On the other hand, Bharti Airtel, M&M, NTPC, Tech Mahindra, Sun Pharma and PowerGrid were among the gainers.

Sensex logs 5th straight gains on economic recovery hopes

Sensex logs 5th straight gains on economic recovery hopes

Rediff.com2 Jun 2020

Bajaj Finance was the top gainer in the Sensex pack, soaring over 8 per cent, followed by Kotak Bank, IndusInd Bank, HDFC, PowerGrid, Axis Bank, ICICI Bank and L&T. On the other hand, Maruti, ITC, NTPC and Nestle India were among the laggards.

After swinging 266 points, Sensex closes with marginal gains

After swinging 266 points, Sensex closes with marginal gains

Rediff.com11 Nov 2019

Yes Bank was the top gainer in the Sensex pack rising 5.80 per cent, followed by Tata Motors, ICICI Bank, IndusInd Bank, Axis Bank, Kotak Bank and Tata Steel.

BSE Sensex: 10 biggest single-day falls

BSE Sensex: 10 biggest single-day falls

Rediff.com4 Jun 2024

Among the 30 Sensex companies, Larsen & Toubro, Power Grid, NTPC, State Bank of India, Reliance Industries and HDFC Bank were the biggest laggards. Sun Pharma and Nestle were the only gainers.

Markets zoom nearly 2%; Sensex jumps 1,181 points at close

Markets zoom nearly 2%; Sensex jumps 1,181 points at close

Rediff.com11 Nov 2022

Equity benchmarks Sensex and Nifty on Friday spurted by nearly 2 per cent, propelled by heavy buying in IT, metal and financial stocks amid a rally in global markets after lower-than-expected US inflation data. A strong rupee against the US dollar and unabated foreign capital inflows further bolstered sentiment, traders said. Easing US inflation triggered speculation that the US Federal Reserve might slow down the pace of interest rate hikes.

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.

Sensex declines 220 pts on selling in FMCG, steel shares

Sensex declines 220 pts on selling in FMCG, steel shares

Rediff.com7 Feb 2023

ITC, Sun Pharma, Maruti, M&M, Tata Motors, HCL Tech, Wipro, Infosys, HUL, Bharti Airtel and Reliance were among the major losers. Kotak Bank rose the most by 1.59 per cent, followed by IndusInd Bank, Bajaj Finance and Bajaj Finserv. L&T, SBI, TCS and HDFC Bank also closed higher.

Sensex falls 148 points on North Korean jitters

Sensex falls 148 points on North Korean jitters

Rediff.com6 Sep 2017

A rally in Reliance Industries and Kotak Bank helped the index recover some of the losses

Sensex sheds 361 points, Nifty closes below 17K

Sensex sheds 361 points, Nifty closes below 17K

Rediff.com20 Mar 2023

Among Sensex shares, Bajaj Finserv fell the most by 4.08 per cent. Bajaj Finance declined by 3.01 per cent, Tata Steel by 2.2 per cent, Wipro by 2.09 per cent, Tata Motors by 1.96 per cent, IndusInd Bank by 1.9 per cent, SBI by 1.75 per cent, Tech Mahindra by 1.66 per cent and HCL Tech by 1.2 per cent. TCS, Infosys, Power Grid, Maruti, Reliance, HDFC twins, L&T, M&M, NTPC and Ultratech Cement were also among the losers.

IL&FS value to be preserved, says non-executive chairman Uday Kotak

IL&FS value to be preserved, says non-executive chairman Uday Kotak

Rediff.com5 Oct 2018

The new board will have to provide the NCLT a road map for turning around the company by October 31, which, Kotak said, is challenging, given that the company's issues represent a "moving target"