Promoters of private lender Bandhan Bank reduced their stake by 21 percent as per RBI guidelines. The stock declined by nearly 10 percent as block deals were carried out during the trading hours.
Technology majors Infosys Technologies and TCS have touched fresh 52-week high as stock markets have been trading firm and technology companies are on investor’s buying list.
Troubled private sector lender Yes Bank stock started its downward journey the moment management of the bank announced pricing for follow-on public offer.
Troubled private sector lender Yes Bank stock declined by 10 percent during early trade as the shares issued by the bank under follow-on public offer were listed on the markets.
Reliance Industries has witnessed amazing rally in the recent months and thanks to plans of Mukesh Ambani to make the company debt-free, investor confidence in Reliance is at an all-time high.