News for Canara Bank (CANBK.BO)

The BSE Sensex today closed down by 441 points or 0.87 per cent at 50,405.32, and Nifty-50 closed at 14,938.10, down by 143 points or 0.95 per cent, , sensex, Stock Market Daily Updates, stockmarket

CoC will refund ₹19,350 crore to JSW if the ED plea to attach Bhushan assets is upheld by SC

Check out the 10 most critical things that you should keep in mind while availing a home loan in the current situation.

The rating on certificate of deposits has been reaffirmed at A1-plus.Crisil had assigned a negative outlook to long-term debt instruments of the bank on August 29 last year following resolution of watch with developing implications

JSW Steel had offered to pay Rs 19,350 crore to the financial creditors, with the lenders taking nearly a 60% haircut on the dues. Apart from this, JSW had offered to pay Rs 350 crore to operational creditors against their admitted claims of Rs 700 crore.

JSW Steel had offered to pay Rs 19,350 crore to the financial creditors, with the lenders taking nearly a 60% haircut on the dues. Apart from this, JSW had offered to pay Rs 350 crore to operational creditors against their admitted claims of Rs 700 crore.

As per regulatory disclosures, the company has defaulted on repaying Rs 78 lakh to Axis Bank, Rs 1.09 crore to Yes Bank, and Rs 1.25 crore to Lakshmi Vilas Bank.

It is going to be a pick-and-choose market. There is going to be some themes also but markets are going to move broadly on a selective basis, says Prabhudas Lilladher joint MD.

Nifty has to hold above 15,000 level to witness a bounce towards 15,250 and 15,431 levels, while immediate support on the downside exists at 14,900 and then 14,800 levels.

Two-day bank strike on THESE dates, services may get affected - Details here - Public sector lender Canara Bank stated that banking services across the country may get hampered due to the strike

NPCI is a ‘not for profit’ company, while NUE may be a ‘for profit’ company; the latter’s entry may see consumers pay more for digital banking services, say insiders

Axis Bank, HDFC Bank and ICICI Bank are down over a percent each while HDFC has fallen more than 2 percent.

Majesco, McDowell Holdings, Ortel Communications, Texmo Pipe & Products, Bombay Burmah Trading Corporation, Concord Drugs, Mazagon Dock Shipbuilders are also among the stocks in focus today.

Nifty futures were trading 219.50 points or 1.51 per cent higher at 14,744 on Singaporean Exchange on Monday morning

Manish Hathiramani, technical analyst at Deen Dayal Investments said, “We should slide to 14,500, which should be the next level of support, failing which 14,300 would be the next target for the Nifty50."

Manish Hathiramani, technical analyst at Deen Dayal Investments said, "While we have good support at 14,200-14,300, a buy on dips strategy would be most appropriate."

Every proposal that Finance Minister Nirmala Sitharaman announced in her Budget will have long-term repercussions and some stocks are better positioned to benefit from them, analysts said.

Total outflow in last six months now stands at around Rs 33,000 crore and the profit booking could be a key reason for the same.

Rohit Singre, Senior Technical Analyst at LKP Securities said, "The index has formed a good base near 14,500-14,430 zone and any break below said levels can emerge in more profit booking."