Friday, February 23, 2024
HomeBusinessShare Market Today LIVE | Sensex, Nifty, BSE, NSE, Share Prices, Stock...

Share Market Today LIVE | Sensex, Nifty, BSE, NSE, Share Prices, Stock Market News Updates July 2

Date:

Related stories

Do Landlords Need Contents Insurance? Covering Your Assets as a Property Owner

When it comes to renting out property, landlords need...

Why You May Need Emergency Micro-Welding

Technology keeps revolutionizing the welding sector and many processes...

How industries can use biometrics to evolve

Biometric technologies have garnered a lot of interest across...

Ensuring Data Sovereignty with High-Speed File Transfer Protocols

In the digital age, the sovereignty of data—its storage,...

14 Tips to Identify and Hire Top .NET Talent

In the sphere of software development that is extremely...


SGX Nifty was up with marginal gains on Friday morning.
(Image: REUTERS)

Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity markets continued to range-bound movement and closed with losses yet again on Thursday. S&P BSE Sensex ended the expiry trading session at 52,318 points, down 164 while the NSE Nifty 50 is now at 15,680. Broader markets have mirrored the fall except smallcap indices. On Friday morning, SGX Nifty was up in the green, signaling positive momentum ahead of the opening bell. Global cues mixed as some Asian markets failed to mirror Wall Street’s gains during the early hours of trade. Nikkei 225, TOPIX, and KOSPI were up in the green while KOSDAQ, Hang Seng, and Shanghai Composite were down in red.

Banks could see an increase in loan losses by as much as 232 basis points on year to 9.8% by the end of this financial year, said the Reserve Bank of India (RBI). However, the central bank has said that lenders are well capitalised to manage any stress emerging. As an aftermath of the pandemic led lockdown and business disruption, the gross non-performing asset (NPA) ratio could rise to 10.36% by March next year if the stress is moderate and 11.22% if it is severe, RBI said on Thursday. To tide over the crisis, most banks have maintained adequacy ratios above the mandated 9%.

Read More



Source link

Bellie Brown
Bellie Brownhttps://businesstimes.org
Hi my lovely readers, I am Bellie brown editor and writer of Businesstimes.org. I write blogs on various niches such as business, technology, lifestyle., health, entertainment, etc as well as manage the daily reports of the website. I am very addicted to my work which makes me keen on reading and writing on the very latest and trending topics. One can check my more writings by visiting Cleartips.net

Latest stories