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NPA in India: Banks wrote off 4.8 lakh crore bad loans since 2009; check full list

In a major development, banks have largely written off a record Rs 1,44,093 crore of bad loans in the financial year ending March 2018. The figure has gone up by 61.8 per cent from Rs 89,048 crore in the previous fiscal, according to an Indian Express report. Of the amount, public sector banks have written

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Global cues drag Sensex 139 pts after Fed rate hike; Midcap outperforms; RIL at record close

The 30-share BSE Sensex recovered more than 100 points from day’s low in later part of the session, ending down 139.34 points at 35,599.82. The 50-share NSE Nifty managed to close the session above 10,800 levels, falling 48.70 points to 10,808. Benchmark indices ended volatile session in the red on Thursday as investors after digesting

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Asian shares down on Federal Reserve hike, China-US trade anxiety

Asian shares edged down on Thursday after the Federal Reserve raised interest rates and took a more hawkish tone in forecasting a slightly faster pace of tightening for the rest of the year, while concerns about US-China trade frictions kept investors on edge. MSCI’s broadest index of Asia-Pacific shares outside Japan lost 0.25 percent in

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Nifty closes above 10,850, Sensex up 46 pts; IT, pharma outperform

All sectoral indices are trading in the green, with sharp gains seen in pharmaceuticals, IT and PSU banking space. The midcap index is trading higher by almost half a percent. The market erased all its morning gains and ended marginally higher with Nifty able to close above 10,850 and Sensex above 35,700 mark. Meanwhile, among

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Sensex ends the day over 200 points higher, Nifty around 10,850

The rangebound market ended at day’s high with the help of major pharma and banking names including SBI, Dr Reddy’s Lab, Cipla, Lupin and HDFC. The Sensex up 209.05 points at 35692.52, and the Nifty up 55.90 points at 10842.90. The market breadth was on advances side, with about 1426 shares have advanced, 1212 shares

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Trump-Kim meeting LIVE updates

US President vows to solve ‘big problem’, North Korea leader advocates for ‘peace’ Trump-Kim meeting LIVE updates: US President Donald Trump and North Korean leader Kim Jong-un have created history with an unprecedented summit that saw both of them shaking hands. Trump and Kim are now participating in a one-on-one meeting, after initial greeting, and

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Closing Bell: Stock Market ends with marginal gains

Market ends with marginal gains, Nifty below 10,800; Bharti Airtel, Sun Pharma top gainers. Benchmark indices erased all its morning gains in the final hour of trading as some selling pressure was seen in metal, energy, realty stocks which pulled the Nifty below 10,800. The Sensex was up 39.80 points at 35,483 and the Nifty

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100% gain: 2 mid-cap stocks that doubled money in just 6 months

Indian share markets We have seen sharp rise and fall in last six months with Indian Share Markets the benchmark Sensex  hitting all-time high level.  Plunging to 4-month low. In the corresponding time, many large-cap stocks have outperformed. The key equity indices such as HUL, Bajaj Finance, M&M, Kotak Mahindra Bank, Tech Mahindra and TCS. In the

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Sensex rises 243 pts, Nifty tops 10,750; 8 of every 10 smallcaps end higher

Indian equity benchmarks rose for a second straight session riding gains in bank, IT, auto and metal stocks, a day after the RBI increased repo rate and maintained neutral stance. According to analysts, chances of a status quo were greater than a rate hike and it was RBI’s ‘neutral’ stance that did the job. Besides,

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Mid-cap bloodbath dents Dalal Street: Over 300 stocks fall 5-20% today; Sensex loses 35,000-mark

The domestic sharemarket saw heavy sell-off in most of the mid-cap and small-cap stocks on Tuesday with scrips of Anil Dhirubhai Ambani Group’s telecom firm RCom plunging more than 8% and Aditya Birla Group’s telecom venture Idea Cellular slipping 10%. India’s equity market traded under tightened volatility with the headline indices Sensex and Nifty finishing