Stock Market News

Epic Update : Sensex, Nifty soar 1%

The Sensex, which is inching up towards 21,000 level, rallied 223.52 points to 20,932.14, and the Nifty rose 66.70 points to 6,233.35. About 1364 shares have advanced, 825 shares declined, and 130 shares are unchanged. https://www.epicresearch.co/

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Epic Update : HDFC

Announces new home loan at 10.25 percent for up to Rs 75 lakh New home loan rates applicable till January 31 https://www.epicresearch.co/

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Epic Update : IDFC

Seeks to cut foreign holding limit in company to 49.9 percent from 54 percent To cut foreign holding limit to meet RBI bank licence norms Foreign holding in company at 51.27 percent as on December 6 To reinstate 74 percent foreign holding limit if no bank licence given https://www.epicresearch.co/

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Epic Update : SBI

SBI¬† ¬†reduces home loan interest rates Interest rates on home loans up to Rs 75 lakh to Be 10.15 percent Interest rates on home loans above Rs 75 Lakh to be 10.30 percent To offer 5 bps discount on home loans for women New interest rates on home loans effective December 20 Slab for lower […]

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Epic Update : Power Grid

FPO subscribed 6 times; retail investors subscription at 2.2 times Current capitalisation stands at Rs 8,000 crore No need to raise equity in near future Can expect a Rs 2,000-Rs 3,000 crore bond issue after few months Marginal impact on CERC norms reducing availability To ask CERC to reconsider availability incentive steps May see impact […]

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Epic Update : Indian ADRs

Indian ADRs ended mostly lower on Thursday. In the banking space ICICI Bank shed 3.49 percent at USD 35.95 and HDFC Bank declined 3.98 percent at USD 34.29. In the IT space Infosys was up 0.62 percent at USD 56.55 and Wipro gained 1.51 percent at USD 12.14. In the other sectors Tata Motors was […]

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Epic Update : FIIs in F&O on December 19

FIIs net sell Rs 574 crore in Index Futures FIIs net buy Rs 618 crore in Index Options FIIs net sell Rs 151 crore in Stock Futures https://www.epicresearch.co/

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