Market Update: BSE Sensex closed at 31,743.08 with 415.86 points higher. Nifty50 gains 127.90 points

Stock Market Update

Market Update: BSE Sensex closed at 31,743.08 with 415.86 points higher. Nifty50 gains 127.90 points

April 27, 2020

Benchmark index closed at 31,743.08 with 415.86 points higher. Nifty50 gains 127.90 points & trade ended at 9,282.30. Nifty Private Bank sector stocks leads Nifty Index & Nifty Private bank index raised 2.99% and RBL Bank top gainer of the day Private Bank sector.

All NSE indices traded in green. BRITANNIA, INDUSINDBK, BAJAJFINSV, KOTAKBANK, AXISBANK top gainer of the day. NTPC, HDFCBANK, M&M, DRREDDY, BHARTIARTL top losses of the day.

Market Update| #BSE #Sensex closed at 31,743.08 with 415.86 points higher. #Nifty50 gains 127.90 points & trade ended at 9,282.30. #NIFTYPVTBANK leads Nifty Index & raised 2.99%. #BRITANNIA top gainer of the day. #NTPC traded as lower at 1.12% lower. #MarketUpdate #EquityAnalysis pic.twitter.com/vViic3MgVz

— Capital Report (@reportcapital) April 27, 2020

  Capital Report Stock Performance Sheet

https://docs.google.com/spreadsheets/d/1SPDCeKOqRWPxBe8TqP6V7Vkktpt4nFIWrxKyiy4_hnM/edit#gid=1544991498

Note: Capital Report states that it has no financial liability of information provided on this blog. Investing in stock market are subject to market risk. Seek a professional advisor before taking any investment decision. Capital Report will not be liable for any losses incurred or investments made or decisions taken or not taken based on the information provided.

Skymet Weather forecast below normal monsoon and RBI Monetary policy update of year beginning, Sensex lost 179.53

Top Gainer

Skymet Weather forecast below normal monsoon and RBI Monetary policy update of year beginning, Sensex lost 179.53

April 03, 2019

Reserve Bank of India will announce Interest rate decision on April 4 Thursday and Skymet published weather forecast on 2019 monsoon, Sensex dropped 46% down in today market. Nifty also lost 69 points on afternoon trade.

After announcement of 2019  Monsoon forecast Sensex start to falling down from 39164 to 38830, Sensex finally closed 38,877.12 points. National Stock Exchange closed market on 11,643.95 Nifty today reached 11,761.00 High and 11,629.15 low in today market.

Southwest Monsoon in 2019 https://t.co/NFLkt4hVvi

— SkymetWeather (@SkymetWeather) April 3, 2019

Top Gainers April 02 2019

IBULHSGFIN, MARUTI, BAJAJFINSV, HCLTECH, TATASTEEL

Check out today’s top gainers dominating the market - https://t.co/p6X8oze2az #NSEUpdates pic.twitter.com/0ZfsCaDemP

— NSEIndia (@NSEIndia) April 3, 2019

 Top Losers April 02 2019

BPCL, ZEEL, IOC, GAIL, SBIN

Here are today’s top losers - https://t.co/tgVBVnJVOH #NSEUpdates pic.twitter.com/tBxqRIRDaT

— NSEIndia (@NSEIndia) April 3, 2019

Skymet 2019 Monsoon Report

Monsoon 2019 is likely to be ‘below normal’ to the tune of 93% (with an error margin of +/-5%) of the long period average (LPA) of 887 mm for the four-month period from June to September.

Cobrapost reported DHFL 31000 crore fraud: DHFL share falls 8% in Share Market

Stock Market Update

Cobrapost reported DHFL 31000 crore fraud: DHFL share falls 8% in Share Market

January 30, 2019

Cobrapost accused Rs 31000 crore fraud on Dewan Housing Finance Corporation, DHFL share dropped 8% on Stock Market. On 29 January 2019 DHFL traded 184 high on National Stock Exchange.  DHFL denies Cobrapost allegations still share price falling share market.

Cobrapost has unearthed a financial scam where the primary promoters of Dewan Housing Finance Corporation Limited (DHFL) and their associate companies have committed a systemic fraud in broad daylight to siphon off public money amounting to more than Rs. 31,000 crore.

#LooteraDewan: Cobrapost Investigation reveals major financial scam by an NBFC https://t.co/JpTerdTkkf bigger than Mallya or NiMo

— Cobrapost (@cobrapost) January 29, 2019

Dewan Housing Finance Corporation Ltd. is a deposit-taking housing finance company, headquartered in Mumbai with branches in major cities across India. DHFL was established to enable access to affordable housing finance to the lower and middle income groups in semi-urban and rural parts of India.

Source: Cobrapost

YES Bank has appointed Ravneet Singh Gill as its new CEO, Yes Bank shares jump 14%

Share Market

YES Bank has appointed Ravneet Singh Gill as its new CEO, Yes Bank shares jump 14%

January 25, 2019

Yes Bank has appointed New Managing Director and CEO of Ranveet Singh, Yes Bank stated it has received approval from Reserve Bank of India. Ravneet Singh Gill is succeeding Rana Kapoor whose term ends on January 31. He will join Yes Bank on or before March 1, 2019.

After announcement of Ravneet Singh Gill is the New CEO and Managing Director for Yes Bank Private Limited. Yes Bank stock has Jumped 14% in Stock Market. Yes bank share Previous close was 215.40 in National Stock Exchange and 213.85 Bombay Stock Exchange Today Yes bank is the Most active stock in Share Market. In September 2018  the RBI had denied Kapoor's extension for the position of Yes Bank CEO. On same day Yes bank share plunged in Stock market.

Speaking on the occasion, Rana Kapoor, MD & CEO, YES BANK, said, "On behalf of the Board of Directors and 21,000+ YES BANKers, I am extremely pleased to welcome Ravneet Gill as the new MD & CEO of YES BANK and also convey our finest appreciation to RBI for its expeditious approval in less than 3 weeks. 

I have had the opportunity to have known and briefly interacted with Ravneet Gill professionally over the years, and have admired his exceptional professionalism and outstanding leadership style. I am certain that his diverse, comprehensive experience as a career banker will provide significant confidence & conviction to all stakeholders including employees, customers and investors.”

Ravneet Gill is an eminent leader with more than 3 decades of experience with the last 25+ years with Deutsche Bank AG, the 11th largest bank in the World. He is a well-known banker with an illustrious career spent spearheading all key banking functions including Corporate Banking, Capital Markets and Treasury Solutions (CMTS), Investment Banking, Retail & Private banking at Deutsche Bank AG. Most recently, Ravneet Gill was re-appointed as the MD & CEO of Deutsche Bank, India for the 3rd term by RBI.

YES BANK, India’s fourth largest private sector Bank with a pan India presence across all 29 states and 7 Union Territories of India, headquartered in the Lower Parel Innovation District (LPID) of Mumbai, is the outcome of the professional & entrepreneurial commitment of its Founder Rana Kapoor and its Top Management team, to establish a high quality, customer centric, service driven, private Indian Bank catering to the future businesses of India.

Source: Yes Bank

Ashok Chawla resigns as Chairman of National Stock Exchange of India

Share Market

Ashok Chawla resigns as Chairman of National Stock Exchange of India

January 11, 2019

National Exchange Of India  Chairman, Mr. Ashok Chawla resigned from his post with immediate effect citing legal developments on Friday. Central Government has allowed  CBI to prosecute him in Aircel-Maxis case. Ashok Chawla took charge as chairman of NSE in May 2016.

National Exchange Of India Press Statement

Resignation of Chairman of NSE

Mumbai, January 11, 2019: Mr. Ashok Chawla has resigned as Public Interest Director/Chairman of the Board of Directors of the National Stock Exchange of India Ltd (NSE) with immediate effect in light of recent legal developments.