News for Bank of Maharashtra (MAHABANK.BO)

Improving macro numbers and a strong showing from autos in February lifted sentiment, while rising bond yeilds and weak global cues kept bulls in check.

The authority will use Rs 125 crore to give compensation to farmers, whose land it is acquiring for the phase 2 of the Jewar airport.

Rohit Singre, Senior Technical Analyst at LKP Securities said, "Going forward, the index has good support at 15,000-mark. If it fails to hold above that, then some profit booking can be seen. On the higher side, 15,150-15,200 zone will be the stiff hurdle."

Shares of Dilip Buildcon soared over 7 per cent to Rs 703.70 after the company received an order worth Rs 36,419.07 crore for developing a coal mine. The tenure of contract is for 25 years.

Read more about BSE PSU index hits 16-month high, surges 27% since Budget on Business Standard. Hindustan Copper, RCF, MMTC, NBCC, Indian Overseas Bank, Bank of Maharashtra and Bank of India have rallied more than 50% in past one month.

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Stocks to watch today on March 1: RIL, DLF, United Spirits, Indian Oil, Axis Bank, Affle among others are the top stocks to watch out for in Monday's trading session

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

Nine banks and two non-bank lenders are coming together to jointly invest Rs 7,000 crore of initial capital in a proposed bad bank.

RBI said that a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for non-compliance with the directions

The index was trading 1.21 per cent up at 20356.62.

"On the benchmark front, Nifty has next support at 15,050 levels," said Ajit Mishra, VP - Research, Religare Broking.

Our BureauBank of Maharashtra’s (BoM) employees’ union wants the government to maintain the public sector character of the bank in the backdrop of the problems that two private sector banks – YES Bank

The Nifty Media index was trading 0.59 per cent down at 1671.9.

The S&P BSE Smallcap index was trading 0.21 per cent up at 19735.57.

The index was trading 0.02 per cent down at 20184.92.

સરકારે 4 સરકારી બેંકોને ખાનગી બેંક બનાવવા માટે પસંદગી કરી લીધી છે. આ પૈકી 3 બેંક નાની બેંક છે. એક મોટી બેંક છે. ત્રણ નાની બેંકમાં બેંક ઓફ મહારાષ્ટ્ર, ઈન્ડિયન ઓવર્સીસ બેંક અને સેન્ટ્રલ બેંક છે. જ્યારે મોટી બેંકમાં-બેંક ઓફ ઈન્ડિયા છે. તેની ખાનગીકરણની પ્રક્રિયા શરૂ થવામાં 5-6 મહિના લાગશે. | Bank of Maharashtra, Bank of India, Indian Overseas Bank and Central Bank will be private, process will start in 6 months

Stocks to watch today on January 19: Mindtree, Indiabulls Real Estate, Maruti, YES Bank, RBL Bank, L&T Finance among others are the top stocks to watch out for in Tuesday's trading session