WIP. Amitabh Chaudhry still has a lot to do at Axis Bank

A persistent concern around Axis Bank concerns its margins. Axis Bank has seen its net interest margins hover between 3% and 3.5% for a while, well below its large peers where margins are in the range of 4% to 4.5%. Suresh Ganapathy of Macquarie Research says Axis Bank’s net interest …

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3 pharmaceutical stocks too cheap to ignore

Are stocks expensive? Many of them are. Valuations are skyrocketing after massive gains generated over the past decade. However, not all stocks trade at nosebleed levels. We asked three Motley Fool contributors to select pharmaceutical stocks that remain well valued. Here is why they think Bristol Myers Squibb (NYSE: BMY), …

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Stocks to watch: RIL, Asian Paints, PVR, SBI, Axis Bank, Dixon, Onward Tech

The continued sell-off of FII, fears of a quicker withdrawal of US stimulus and monthly expiration pressure could weigh on market sentiment on Thursday. In the meantime, here are the top stocks to focus on in trading today. Trusted industries: The company’s board of directors has decided to implement a …

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Analysis-Soaring dollar stirs up volatility in currency markets

Deutsche Bank’s currency volatility index, which measures expectations of currency fluctuations, has fallen in recent weeks from a three-month low to its highest level since March, due to fluctuations in the US dollar, the euro and Japanese yen as well as a wide range of other currencies. The divergent outlook …

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Stock Market Today: Tech Stocks Fall As Investors Consider Rate Hikes, Covid

Text size Jerome Powell has been re-appointed to head the Federal Reserve. Alex Wong / Getty Images Tech stocks were down on Tuesday, as bond yields rose. In the afternoon discussions, the Dow Jones Industrial Average was up 35 points, or 0.1%, after the index edged up 17 points on …

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INSTANT VIEW-US to release emergency oil reserves to cool prices

NEW YORK / LONDON, Nov. 23 (Reuters) – The White House said on Tuesday it would make 50 million barrels of oil available from US strategic oil reserves as part of a coordinated effort with other major savings to help cool oil prices. MARKET REACTION Brent crude futures rose $ …

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Chang Hwa Commercial Bank: Announcement, on behalf of our banking subsidiary in China, of the effective date of the change of two members of the Board of Directors of the 2nd term.

close Provided by: CHANG HWA COMMERCIAL BANK, LTD. SEQ_NO 1 Announcement date 2021/11/23 Announcement time 18:50:46 Topic Announcement, on behalf of our subsidiary bank in China, of effective date to change two members of the 2nd term Board of Directors. Date of events 2021/11/23 What element he responds to paragraph …

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Stock markets are expected to open weakly amid mixed global backdrop

The trends on SGX Nifty indicate a negative opening of the indices with a loss of 72 points. Nifty futures were trading at 17,373.50 on the Singapore Stock Exchange around 7:40 a.m. Indian markets could open lower continuing Monday’s weakness despite mixed Asian markets today and despite mixed US markets …

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Latest updates: Existing US home sales surge as mortgage rate hikes loom

In the United States, used home sales rose for a second consecutive month as the prospect of rising mortgage rates on the horizon helped fuel demand. Existing home sales rose 0.8% in October from the previous month, the National Association of Realtors said on Monday, contradicting expectations of decline. Sales …

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