News for 'Kotak Mahindra Bank'

Sensex, Nifty rebound nearly 1% on firm global trends

Sensex, Nifty rebound nearly 1% on firm global trends

Rediff.com21 Mar 2023

Among the Sensex stocks, Reliance Industries climbed the most by 3.11 per cent. Bajaj Finance, Titan, Axis Bank, ICICI Bank, Bajaj Finserv, IndusInd Bank, UltraTech Cement, Larsen & Toubro, HDFC Bank, HDFC and Kotak Mahindra Bank were among the other major winners. Power Grid, Hindustan Unilever, Tech Mahindra, Tata Consultancy Services, Infosys and Asian Paints were among the biggest laggards.

Sensex gains 179 points to cross 72K; IT stocks shine

Sensex gains 179 points to cross 72K; IT stocks shine

Rediff.com5 Jan 2024

Among the Sensex firms, Larsen & Toubro, Tata Consultancy Services, Infosys, HCL Technologies, Hindustan Unilever, Axis Bank, ICICI Bank and Wipro were the major gainers. Nestle India, Asian Paints, JSW Steel, Kotak Mahindra Bank and HDFC Bank were among the losers.

Sensex plunges 826 points on heightened tensions in the Middle East

Sensex plunges 826 points on heightened tensions in the Middle East

Rediff.com23 Oct 2023

Among the Sensex firms, JSW Steel, Tata Motors, Tata Steel, Tata Consultancy Services, NTPC, Wipro, HCL Technologies, State Bank of India, Larsen & Toubro, UltraTech Cement, IndusInd Bank, Kotak Mahindra Bank, Power Grid and Reliance Industries Limited were the major laggards. Mahindra & Mahindra and Bajaj Finance were the gainers.

Private banks queue up to buy IIBI assets

Private banks queue up to buy IIBI assets

Rediff.com14 Jun 2008

Some major private sector banks, such as Deutsche Bank, Yes Bank, Kotak Mahindra Bank, Standard Chartered Bank, and financial institution Industrial Finance Corporation of India (IFCI) are in the race to buy the Rs 500-crore standard loan assets and investments of the Industrial Investment Bank of India (IIBI).

Gains in index majors lift Sensex by 874 points

Gains in index majors lift Sensex by 874 points

Rediff.com21 Apr 2022

Equity markets maintained their winning momentum for the second day in a row on Thursday, with the Sensex surging over 874 points, propelled by index majors Reliance Industries, Infosys and HDFC twins amid a mixed trend in global markets. The BSE benchmark Sensex zoomed 874.18 points or 1.53 per cent to finish at 57,911.68. During the day, it jumped 954.03 points or 1.67 per cent to 57,991.53. The NSE Nifty rallied 256.05 points or 1.49 per cent to 17,392.60.

Sensex, Nifty plunge nearly 1% on weak global cues

Sensex, Nifty plunge nearly 1% on weak global cues

Rediff.com28 Sep 2023

Tech Mahindra was the biggest loser in the Sensex pack, slipping 4.59 per cent, followed by Asian Paints, Wipro, Kotak Mahindra Bank, Bajaj Finserv, Infosys, ITC, Mahindra & Mahindra, Hindustan Unilever, IndusInd Bank, Reliance Industries and JSW Steel. In contrast, Larsen & Toubro, Bharti Airtel, Power Grid and Axis Bank were among the gainers.

Private banks step up hiring; top-five add over 15,000 staff

Private banks step up hiring; top-five add over 15,000 staff

Rediff.com16 Jun 2013

The collective headcount of the five banks stood at 1,99,555 as on March 31, 2013.

High rates on savings a/c help banks grow deposits

High rates on savings a/c help banks grow deposits

Rediff.com7 Nov 2012

Banks offering a higher rate on savings bank deposits have seen robust growth in the past year but the momentum might get slower as interest rates turn more benign.

Markets end in red; auto, finance stocks weigh

Markets end in red; auto, finance stocks weigh

Rediff.com18 Nov 2022

Market benchmarks ended lower for the second straight session on Friday, paring their initial gains amid a mixed trend in the global equities. The 30-share BSE Sensex declined 87.12 points or 0.14 per cent to settle at 61,663.48. During the day, it fell 413.17 points or 0.66 per cent to 61,337.43.

Sensex tumbles 733 points amid broad-based selloff; Nifty slips from record

Sensex tumbles 733 points amid broad-based selloff; Nifty slips from record

Rediff.com3 May 2024

From the Sensex basket, Larsen & Toubro, Maruti, Reliance Industries, Nestle, Bharti Airtel, UltraTech Cement, Kotak Mahindra Bank and JSW Steel were among the major laggards. Bajaj Finance climbed nearly 1 per cent higher.

Selling in banking, IT stocks pulls down Sensex by 566 points

Selling in banking, IT stocks pulls down Sensex by 566 points

Rediff.com6 Apr 2022

Benchmark BSE Sensex tumbled 566 points to settle below the 60,000-level on Wednesday, dragged down by heavy selling in banking and IT stocks amid weak global trends.

Markets end in red on profit-booking by investors

Markets end in red on profit-booking by investors

Rediff.com12 Dec 2023

Among the Sensex firms, IndusInd Bank, Maruti, Titan, Reliance Industries, NTPC, Mahindra & Mahindra, Larsen & Toubro, Kotak Mahindra Bank and HDFC Bank were the major laggards. UltraTech Cement, JSW Steel, Axis Bank, Tata Consultancy Services, Wipro and ITC were the major gainers.

RBI raps banks, says no to more equity exposure

RBI raps banks, says no to more equity exposure

Rediff.com20 Feb 2008

Rejects proposals by Bank of India, IndusInd, Kotak Mahindra and HDFC.

Markets snap 4-day rally; auto, bank stocks fall

Markets snap 4-day rally; auto, bank stocks fall

Rediff.com8 Jun 2023

Kotak Mahindra Bank was the biggest loser in the Sensex pack, sliding 2.68 per cent, followed by Tech Mahindra, Mahindra & Mahindra, Axis Bank, Hindustan Unilever, Tata Motors, Tata Consultancy Services, Bajaj Finserv, Bajaj Finance, Nestle and Titan. In contrast, NTPC, Power Grid, Larsen & Toubro, HDFC, Reliance and HDFC Bank were the gainers.

Uday Kotak warns of more liquidity squeeze

Uday Kotak warns of more liquidity squeeze

Rediff.com1 May 2019

Rather than focusing on profits, market should look at the inherent strength of the balance sheet whether it can withstand difficulties, he said.

BSE picks 14 banks for its IPO in H1 2013: CEO

BSE picks 14 banks for its IPO in H1 2013: CEO

Rediff.com6 Dec 2012

Ashishkumar Chauhan says that the exchange is seeking a valuation of about $1 billion.

Sensex rides on bluechip stocks; rises 585 points

Sensex rides on bluechip stocks; rises 585 points

Rediff.com8 Oct 2024

From the Sensex pack, Adani Ports & Special Economic Zones, Mahindra & Mahindra, Reliance Industries, HDFC Bank, Larsen & Toubro, NTPC, State Bank of India, UltraTech Cement and Kotak Mahindra Bank were the major gainers. In contrast, Tata Steel, Titan, Bajaj Finserv, JSW Steel, Bajaj Finance, Hindustan Unilever, ITC, Tata Motors and Tata Consultancy Services were among the laggards.

Markets bounce back on buying in Reliance, Infosys

Markets bounce back on buying in Reliance, Infosys

Rediff.com14 Aug 2023

From the Sensex pack, Infosys, Hindustan Unilever, Reliance Industries, ICICI Bank, Larsen & Toubro, Asian Paints, Nestle, Axis Bank, Wipro and Kotak Mahindra Bank were the major gainers. JSW Steel, State Bank of India, Tata Steel, Bajaj Finserv, UltraTech Cement, IndusInd Bank, Tata Motors and Bajaj Finance were the major laggards.

Sensex, Nifty rebound on fag-end buying in IT, power shares

Sensex, Nifty rebound on fag-end buying in IT, power shares

Rediff.com20 Jun 2023

From the Sensex pack, Tata Motors, HCL Technologies, Power Grid, Tech Mahindra, NTPC, Axis Bank, Kotak Mahindra Bank, Larsen & Toubro, Wipro, Nestle, Tata Consultancy Services and Infosys were among the major gainers. Bajaj Finance, Bajaj Finserv, Mahindra & Mahindra, UltraTech Cement, IndusInd Bank and State Bank of India were the major laggards.

Trouble in Credit Suisse unlikely to impact India's banking system: Experts

Trouble in Credit Suisse unlikely to impact India's banking system: Experts

Rediff.com17 Mar 2023

India's banking system is expected to remain unscathed from the troubles in Credit Suisse as it has a very small presence in the country, experts said. Although Credit Suisse is more relevant to India's financial system than Silicon Valley Bank (SVB), it has very limited operations, according to a report by Jefferies India. The Switzerland-based bank, the report said, "has less than Rs 20,000 crore in assets (12th among foreign banks), presence in the derivatives market and funded 60 per cent of assets from borrowings, of which 96 per cent are up to two months.

BSE, NSE close higher on foreign fund inflows

BSE, NSE close higher on foreign fund inflows

Rediff.com26 Jul 2023

From the Sensex pack, Larsen & Toubro jumped over 3 per cent.ITC, Reliance Industries, Sun Pharma, Kotak Mahindra Bank, Axis Bank, Infosys and State Bank of India were the other major gainers.

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.

Seven of top 10 companies lose over Rs 1 lakh cr in m-cap

Seven of top 10 companies lose over Rs 1 lakh cr in m-cap

Rediff.com28 Mar 2021

Seven of the 10 most valued domestic companies witnessed a combined erosion of Rs 1,07,566.64 crore from their market valuation last week, with Reliance Industries accounting for around half of the losses. Last week, the 30-share BSE benchmark Sensex declined 849.74 points or 1.70 per cent. Only Tata Consultancy Services (TCS), Hindustan Unilever Limited and HDFC from the top-10 list saw a rise in their market capitalisation.

Sensex rides on FII inflows; gains 123 points at close

Sensex rides on FII inflows; gains 123 points at close

Rediff.com30 May 2023

From the Sensex pack, ITC, Bajaj Finserv, Kotak Mahindra Bank, Bajaj Finance, Axis Bank, HCL Technologies, Wipro, UltraTech Cement, Maruti and Infosys were the biggest gainers. Tata Steel, Tech Mahindra, Nestle, Larsen & Toubro, Tata Motors and Titan were among the laggards.

Markets jump over 1%; Sensex ends up 721 points

Markets jump over 1%; Sensex ends up 721 points

Rediff.com26 Dec 2022

From the Sensex pack, State Bank of India, IndusInd Bank, Bajaj Finserv, Tata Steel, ITC, Axis Bank, HDFC Bank, UltraTech Cement, NTPC and Tata Motors were the major winners. Nestle, Kotak Mahindra Bank, Bharti Airtel, HCL Technologies and Hindustan Unilever were the laggards.

BSE, NSE end at fresh lifetime highs

BSE, NSE end at fresh lifetime highs

Rediff.com25 Nov 2022

Equity benchmarks settled at record highs on Friday, rallying for the fourth day running, helped by intense buying in index majors Reliance Industries, Wipro and Maruti. In a largely range-bound trade, the 30-share BSE Sensex climbed 20.96 points or 0.03 per cent to settle at 62,293.64, its fresh record closing high. During the day, it jumped 175.05 points or 0.28 per cent to 62,447.73 -- its lifetime intra-day peak.

Markets fall for 2nd straight session on weak global trends

Markets fall for 2nd straight session on weak global trends

Rediff.com19 Oct 2023

Disappointing quarterly earnings numbers and revenue forecast from IT services company Wipro also weighed on investor sentiments. The 30-share BSE Sensex fell 247.78 points or 0.38 per cent to settle at 65,629.24 points. During the day, it plunged 533.52 points or 0.80 per cent to 65,343.50 points.

Tech cos biggest wealth creator for investors in last 5 years

Tech cos biggest wealth creator for investors in last 5 years

Rediff.com13 Dec 2014

TCS, Eicher Motors and Kotak Mahindra Bank have turned out be the fastest and most consistent wealth creators.

Markets break 5-day rally; Sensex tumbles 709 points

Markets break 5-day rally; Sensex tumbles 709 points

Rediff.com15 Mar 2022

Equity benchmarks Sensex and Nifty halted their five-day rally on Tuesday and settled deep in the red, mirroring weak global markets, with decline in index heavyweights Reliance Industries, Infosys and HDFC Bank. Despite opening with gains of over 200 points, the 30-share Sensex turned highly volatile and tumbled 709.17 points or 1.26 per cent to close at 55,776.85. During the day, the benchmark index plunged 1,067.07 points or 1.88 per cent to 55,418.95. The broader NSE Nifty also declined 208.30 points or 1.23 per cent to close at 16,663.

Sensex slumps 483 points amid Israel conflict

Sensex slumps 483 points amid Israel conflict

Rediff.com9 Oct 2023

Mahindra & Mahindra was the top laggard in the Sensex pack, sliding 2.05 per cent, followed by Bajaj Finance, Tata Steel, SBI, Asian Paints, Kotak Mahindra Bank and Titan. However, IT majors HCL Technologies and TCS defied the trend and gained 1.02 per cent and 0.47 per cent, respectively. FMCG firm Hindustan Unilever rose 0.32 per cent.

Sensex plunges 1,769 pts to 3-week low, investors lose Rs 9.78 lakh cr

Sensex plunges 1,769 pts to 3-week low, investors lose Rs 9.78 lakh cr

Rediff.com3 Oct 2024

From the 30 Sensex firms, Larsen & Toubro, Reliance Industries, Axis Bank, Asian Paints, Tata Motors, Bajaj Finance, Maruti, Bajaj Finserv, Kotak Mahindra Bank, Titan, Adani Ports and HDFC Bank were the major laggards. JSW Steel emerged as the only gainer.

Seven of top 10 firms add Rs 1.42 lakh cr in m-cap

Seven of top 10 firms add Rs 1.42 lakh cr in m-cap

Rediff.com26 May 2019

RIL was placed at number one position, followed by TCS, HDFC Bank, HUL, HDFC, ITC, State Bank of India, Infosys, Kotak Mahindra Bank and ICICI Bank.

Mahindra's set to revamp used car auctions

Mahindra's set to revamp used car auctions

Rediff.com18 Nov 2016

M&M's used car biz becomes the first private firm to tie up with a bank for conducting online auctions of repossessed and off-lease cars. Ajay Modi reports.

Mcap of top-10 valued firms jumps over Rs 1.56 lakh cr

Mcap of top-10 valued firms jumps over Rs 1.56 lakh cr

Rediff.com26 Sep 2021

The top 10 valued firms added a total Rs 1,56,317.17 crore to their market valuation last week, helped by across the board rally which catapulted the benchmark index Sensex to the record 60,000 mark for the first time. During the last week, the 30-share BSE benchmark rallied 1,032.58 points or 1.74 per cent. The BSE Sensex made history on Friday by reaching the 60,000-mark for the first time ever. The market capitalisation (mcap) of Reliance Industries zoomed Rs 58,671.55 crore to reach Rs 15,74,052.03 crore. The m-cap of RIL went past Rs 16 lakh crore mark in intra-day trade on Thursday following a rally in its share price.

Yes Bank moratorium to be lifted by March 18

Yes Bank moratorium to be lifted by March 18

Rediff.com14 Mar 2020

The Yes Bank Reconstruction Scheme 2020, shall come into force on March 13, the gazette notification said.

Sensex ends in red; Nifty edges up 26 points

Sensex ends in red; Nifty edges up 26 points

Rediff.com26 Jun 2023

From the Sensex pack, Tata Consultancy Services, Reliance Industries, NTPC, Bharti Airtel, Power Grid, Larsen & Toubro, HDFC Bank, Kotak Mahindra Bank, Tech Mahindra and HDFC were the major laggards. Maruti, Tata Motors, Titan, UltraTech Cement, Bajaj Finserv, Mahindra & Mahindra, State Bank of India and IndusInd Bank were the biggest gainers.

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.

Stock markets close higher; Sensex ends up 79 points

Stock markets close higher; Sensex ends up 79 points

Rediff.com29 Aug 2023

Tata Steel, Tech Mahindra, NTPC, JSW Steel, Power Grid, UltraTech Cement, HCL Technologies and HDFC Bank were among the major gainers. Bharti Airtel, Hindustan Unilever, Axis Bank, Reliance Industries, Kotak Mahindra Bank, ICICI Bank and IndusInd Bank were among the laggards.

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.

June credit card spends remain above Rs 1 trn

June credit card spends remain above Rs 1 trn

Rediff.com3 Aug 2022

Credit card spends in June, although down marginally month-on-month (MoM), remained above the Rs 1-trillion mark for the fourth consecutive month. In June, credit card spends topped Rs 1.09 trillion, down 4.34 per cent MoM, revealed the data released by the Reserve Bank of India (RBI). However, on a year-on-year basis, spends were up 73 per cent. In May, credit card spends hit an all-time high, reaching Rs 1.14 trillion.