Last month, the bank was placed under Prompt Corrective Action due to high level of bad loans, lack of sufficient capital to manage risks and negative return on assets for two consecutive years.
All sectoral indices on the BSE and NSE ended in the red, led by realty, banking, metal, pharma, pharma and financial stocks.
Thiruvaiyuru, where composer-saint Tyagaraja lived, is an annual pilgrimage for Carnatic musicians, eminent and unknown, young and old.
What connects P S Jayakumar of Bank of Baroda, V Vaidyanathan of Capital First Ltd and Chandra Shekhar Ghosh of Bandhan?
The depth and reach of the classic Indian film's remixed version stuns Aseem Chhabra.
The broader indices outperformed the benchmark, albeit marginally, with the Mid-cap touching 6,556 up 1.4%, and the Small-cap at 7,890 up 1.3%.
Assume the worst regarding how long your unemployment could last and make conserving cash your topmost priority, suggests Sanjay Kumar Singh.
The Nifty is down 33 points at 6,046. Earlier the day, the Sensex had opened in the green but quickly pared its initial gains on back of selling pressure in banking and auto shares.
Trading sentiments turned bearish after gold shed 0.4 per cent to $1,529.85 an once from $1,540.78 on Tuesday, the highest level since May 4, in the global markets, as investor concern eased that Greece may become the first euro country to default, paring demand for the precious metal as a haven.
The Nifty ended up 52 points at 6,161. BSE market breadth was positive. Out of 3,113 stocks traded, 1,651 advanced while 1,318 declined.
The Nifty helped by these strong corporate earnings and renewed buying in realty space surged to a high of 6132 in late noon trades. Asian markets also ended in green as China's Purchase Managers Index spiked to 54.7 from 53.8 in September higher than the median projected pulling the Shanghai Composite up 2.5%. The Hang Seng jumped 2.4% to 23,652.
In 2014, the Supreme Court of India revoked the allocation of more than 200 coal blocks which were sold by the government
The Nifty ended at 5,386 -- down 15 points.
The government is also planning to put all the Indians working in projects like power and road together to ensure their safety, reliable government sources said on Wednesday. This follows an assessment made by National Security Advisor Shivshankar Menon's visit to Kabul last week in the wake of terror attack on Feb 26 on guest houses frequented by Indians in which seven Indians were killed.
The Nifty ended (provisional) at 5,230 -- up 26 points. The BSE market breadth was positive. Out of 2,967 stocks traded, 2,087 advanced while 782 declined.
Nifty opened in the red at 5,468 on back of lacklustre cues from Asia and swung between 5408 and 5507.
The Nifty shed 88 points to end the day at 5,417.
Nifty dropped 63 points to end at 5,249. BSE market breadth was marginally negative. Out of 2979 stocks traded, 1,449 declined while 1,399 advanced.
The Nifty shed 11 points at 6,146. In the broader markets, the midcaps shed 0.2% and the smallcaps ended flat at 9,841.
S&P BSE Midcap shed 0.8% while S&P BSE Smallcap tumbled 0.6%
'The digital economy will generate 60 to 65 million jobs by 2025, 20 million more than the 40 to 45 million existing jobs that are in danger of disappearing or getting automated,' points out T N Ninan.
Analysts said that there is some amount of decoupling between India and the rest of world backed by strong growth momentum.
The Indian markets ignored the lower than expected IIP numbers and ended with modest gains.
A Ganesh Nadar/Rediff.com attends Finance Minister Nirmala Sitharaman's presser in Chennai to tom-tom the government's achievements in its first 100 days in office.
The firm, which owns, operates and manages hotels, palaces and resorts, is likely to hive-off the two properties into separate entities.
The Nifty ended up 22 points at 5282. The market breadth turned negative at close. Out of 2939 stocks traded on the BSE, there were 1200 advancing stocks as against 1650 declines.
South Korea were left with plenty to ponder ahead of this month's World Cup finals after Edin Visca scored a hat-trick to give Bosnia and Herzegovina a 3-1 victory in a friendly in Jeonju on Friday.
Nifty is up 7 points at 5,415. The market breadth is positive. 1817 stocks have advnaced whike 973 have declined.
NSE Nifty closed at 4,867, up 14 points.
The Nifty ended down four points at 5,222. Asian markets slumped on worries of China tightening monetary policy. The Hang Seng dropped 392 points (1.8%) to 21,286. The Shanghai Composite tumbled 95 points (2.9%) to 3,152.
Rain in the June-September season will be 87 per cent of the long-period average, compared with 93 per cent forecast in June, Ajit Tyagi, director general at India Meteorological Department said. Rainfall could be 4 per cent more or less than the estimate, he said.
Honda Siel Cars India is planning to source steel from India for its local operations and is in talks with Tata Steel. A Tata Steel spokesperson confirmed that the companies were in discussions. Currently, Honda sources steel plates from Thailand for its Greater Noida facility. Honda models, like the City and Civic, have 74 per cent localisation, while the newly launched hatchback, Jazz, has 77 per cent local content.
The NSE Nifty ended at 5,109, down nine points. The market breadth is marginally positive, out of 2,836 shares traded, 1,401 advanced and 1,357 declined on the BSE.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances