Indian share market maintained
the upbeat mood in the afternoon session supported by positive global cues
along with gains in metal stocks,
auto sector
and IT stocks.
At the closing bell, the BSE Sensex
stood higher by 457 points, while the NSE Nifty
finished up by 145 points. Meanwhile, the S&P BSE Mid
Cap & the S&P
BSE Small
Cap finished up by 1.5% and 1.3% respectively.
Asian markets finished mixed as of the most recent
closing prices.
According to
an article in The Economic Times, Public sector banks
(PSBs) have written off Rs 1.54 trillion of bad loans between April 2013 and
June 2016. During 2013-14, all PSBs written off Rs 344 billion non-performing
assets (NPAs). The amount increased further to Rs 490 billion in the following
year.
(Looking for
Bank
stocks?)
PSB’s
finished the trading day on a firm note with Indian
Bank share price
and SBI
share price ending in green. Here is a complete list of BSE
gainers today.
At the time
of writing this share market news, the
rupee was trading at 67.43 against the US$ and Oil prices were trading at US$
50.07.
At last, if
you have any query, use Equitymaster's online stock
screener to scan stocks listed in BSE and NSE stock exchanges in India
using various key metrics like share price, market cap, P/E ratio, dividend
yield and more.
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stock market update. For terms of use, go here.
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