News Overview

AU Small Finance Bank jumped 7.75% to Rs 1176.10 after the banks total deposits increased by 49% to Rs 44,278 crore as on 31 December 2021 as against Rs 29,708 recorded on 31 December 2020.

The rating on Commercial Paper has been reaffirmed at ACUITE A4+ and Withdrawn.

United Drilling Tools (UDTL) has appointed marketing associates and representatives to promote its product portfolio for oil exploration and completion equipments in Egypt and Libya.

The banks total deposits increased by 19% to Rs 2,84,835 crore as of 31 December 2021 from Rs 2,39,584 crore as on 31 December 2020.

The company had executed the Share Subscription Agreement and Share Transfer Agreement with GTPL Vision on June 28, 2021.

Oil and Gas stocks were trading with gains, with the S&P BSE Oil&Gas index increasing 129.52 points or 0.72% at 18043.79 at 09:50 IST.

Financials stocks were trading in green, with the S&P BSE Finance index increasing 67.85 points or 0.81% at 8396.48 at 09:50 IST.

Banking stocks were trading with gains, with the S&P BSE BANKEX index rising 413.47 points or 0.98% at 42395.67 at 09:50 IST.

Indian Energy Exchange traded 9035 MU cleared volume in December 2021 comprising 7285 MU in the conventional power market; 365 MU in the green power market and 1385 MU (13.85 lac Certificates) in the REC Market. Overall, the Exchange achieved 24% YoY volume growth in December 2021 across all its market segments. For the third quarter of the fiscal year 2022, IEX has recorded 27,677 […]

The third-quarter earnings for FY22 have taken focus as well. IT stocks are among top laggards ahead of major Q3 results announcement.