Shares of Federal Bank surged 5.5% to a new high after announcing the appointment of Krishnan Venkat Subramanian as the new MD & CEO. Brokerages view this positively, citing his strong banking background and experience.
In the week ending March 13, the benchmark Sensex index fell by approximately 0.7%. During this decline, 7 penny stocks experienced drops ranging from 15%
Nifty ended the week down 0.7% due to IT sector selling. Key factors to watch include the upcoming FOMC meeting, US market movements, potential impact
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