Asian equities in tight range after Nvidia underwhelms
Shares in Australia rose while Japan was steady. Hong Kong equity index futures pointed to a lower open while contracts for the S&P 500 and Nasdaq 100 were little changed in early Asian trade. Nvidia shares swung between gains and losses in after-hours trading. The chipmaker at the center of an AI spending boom, delivered […]
Stocks above and below 200-DMA in Nifty 500 index
The 200-DMA is an indicator that shows the long-term trend of a stock or an index. When a stock or an index is below the 200 DMA, it’s in a long-term downtrend.
Lock, Stock & Buch: A miss here, a hit there
According to Sebi watchers, her efforts to make equity investing safer for investors were partly eclipsed by controversies around conflicts of interest and leadership style, which critics termed temperamental
Fear Factor: Bears run show on Dalal Street
In the Nifty 500 index, 427 stocks are trading below the 200 DMA, while 68 are above it, according to Axis Technical and Derivatives.
Higher-rated NBFCs likely to gain more from RBI relief
Easier access to funds and lower costs could mean NBFCs could save 25-50 basis points on bank loans due to lower banking risk weightages for the sector. One basis point is 0.01 percentage point.
Top lenders step up credit card issuance as stress expected to ease
The industry added 8.2 lakh new cards in January, with HDFC Bank leading with 3 lakh cards, followed by SBI Cards (2.4 lakh) and ICICI Bank (1.8 lakh). This brings the total number of credit cards in India to 10.89 crore, reflecting a year-on-year increase of 9.5%.
NCLT directs IIHL to put Rs 2,750 cr in RCap account
IIHL’s counsel, Abhishek Manu Singhvi, assured the court that previous issues with transferring equity funds to the escrow account have been resolved and asked for another 10 days to complete the deal. The court granted the extension and scheduled the next hearing for March 12.
Is the worst over for NBFC shares?
RBI Tuesday after market trading hours cut the risk weight for banks on loans to NBFCs from 125% to 100% depending on the rating of the finance company
Bad to worse: Microfinance sector NPAs hit ₹50,000 crore at the end of December last year
Non-performing assets in the microfinance sector soared to ₹50,000 crore at the end of December, reaching a 13% ratio of gross loans. The sector faced elevated stress from over-lending and deteriorating credit discipline, despite regulatory measures to lower capital allocation requirements for risky assets.