A fall presents an opportunity to buy rate-sensitive stocks.
In the last fiscal, the government had originally budgeted a dividend income of Rs 27,178 crore (Rs 271.78 billion) from PSUs.
'MFs have a combined exposure of Rs 3.2 lakh crore to NBFCs, out of which Rs 1.1 lakh crore matures by September 2019.'
The comments come about a week after PSU bank employee unions went to a four-day relay strike to press for early revision of wages.
'Flush with funds, lending became a cash management exercise.' 'Road projects, power generation plants, airports etc were financed left and right with apparently no regard for the projects' ability to repay,' explains S Muralidharan, former managing director, BNP Paribas.
The short answer, as usual, is I don't know. But this is what could happen in the next one year...
The S&P BSE Sensex has dipped five per cent, thus far, in CY15.
Price correction over post-election peaks could throw disinvestment calculations awry.
Oil tanked to a 7-year low as OPEC decided to maintain production.
Most expect the Budget to be path-breaking.
With inflation down, the government's twin deficits are largely under control.
The gross non-performing assets of public sector banks rose to 6.03% at the end of June.
Instead of a consumption stimulus the government must address the NPA issue with a war footing and invest in infrastructure, affordable housing and exports, says Sanjeev Nayyar.
The S&P BSE Sensex dropped 1 points to end at 26,396 and the Nifty50 slipped 2 points to end at 8,109.
While stocks are at cheap valuations, the volatility can be unnerving.
The 30 share Sensex ended up 183 points at 27,470 and the 50-share Nifty gained 44 points to close at 8,295.
The 30-share Sensex ended up 33 points at 27,241.78 and the 50-share Nifty ended up 27 points at 8,200.70.
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The Bharatiya Janata Party government at the Centre is firmly committed to ensure security all Northeast states said Prime Minister Narendra Modi while addressing a large gathering of BJP workers at the Sarusajai National Games stadium in Guwahati.
'Then why should people like us face this inconvenience?'
Government hits back, tells rating agency to introspect on processes.
ONGC was the top performer while private banking major ICICI Bank extended gains
The Reserve Bank of India held its policy rate at 7.25 percent on Tuesday.
Sensex, Nifty slightly upbeat, midcaps to rule markets this week.
Also says PSU banks divestment to be considered after improvement in governance
The S&P BSE Sensex ended 80 points up at 23,789 while the Nifty50 closed at 7,235, up 24 points.
'RBI and the economy will gain tremendously from Urjit Patel's experience in both private and public sectors'
The bear market has lasted 10 months and the Nifty is down by over 20 per cent from its all-time peak of 9,119 in March 2015.
Unions, which are protesting against FDI in the banking sector, are pressing for various demands.
'If the RBI had done the right things, these mistakes would not have happened in banks, public or private,' says Ajay Shah.
It can if your debit card belongs to a PSU bank
There isn't much Budget could do directly to help sectors.
Top gainers from the Sensex pack are Asian Paints, Bajaj Auto, ITC, NTPC, L&T and HDFC, all up 2% each
Market experts on why the bulls will be on the rampage first thing on Monday after the scrapping of enhanced surcharge on FPIs and other measures to ease the systemic liquidity squeeze and boost demand. Prasanna D Zore reports.
'SBI is already too big. Too big to fail.' 'It already is a moral hazard. What will it do with 20,000 branches that it cannot do with 14,000, especially in these days of online and mobile banking?'
The indirect tax reform Goods and Services Tax is stuck in the Rajya Sabha.
Laggards yet, a number of smaller PSBs in the category have balance sheets which do not give much comfort.
Laggards yet, a number of smaller PSBs in the category have balance sheets which do not give much comfort.
'Today, three areas give banks a big headache -- steel, power, infrastructure.' 'Three Cs are very critical in lending -- character, capacity and collateral of the borrower.'
Asian shares ended higher after a string of positive US economic data.
Finance Minister Arun Jaitley said Sebi would develop new products in the commodity derivatives space apart from taking steps to deepen the corporate bond market.
