Stating that the valuation could vary on the basis of merchant/user attrition to the tune of 10-30% and a hit to net revenues of 20-45%, Jefferies said the news on regulatory actions on other pending issues is still incoming.
In the NSE list of stocks with a market cap over Rs 10,000 crore, five stocks are witnessing Death Crossovers, according to stockedge.com’s technical scan
Benchmark BSE Sensex bounced back with a 341-point gain, ending a five-day losing streak due to strong performance in banking stocks and a global rally.
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