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Market Update:Yes Bank falls 5%:Sensex,Nifty Swing In Open;L&T Extends Gain

Yes Bank shares down 5%- It was the biggest loser among the Sensex stocks. Ashok Chawla, Yes Bank’s non-executive chairman, has stepped down with immediate effect, following his name appearing in Aircel-Maxis controversy. Independent Director Vasant Gujarathi has also quit, citing personal commitments. The bank's board has appointed Uttam Prakash Agarwal as additional director (Independent) for five years, subject to shareholder’s approval. Rupee weakens against US dollar-  The rupee was trading at 71.35 a dollar, down 0.18% from its previous close of 71.23. The currency opened at 71.30 a dollar, touching a high 71.30 and a low 71.40. Market Opens: It is a flat start for the benchmark indices on Monday with Nifty holding above 10,700 marks. The Sensex is up 38.58 points at 35847.53, while Nifty is up 6.60 points at 10731. About 460 shares have advanced, 395 shares declined, and 52 shares are unchanged.  Stock To Watch - L&T, Rel Infra, Reliance Capital,...

Stock Picks: Biocon, IDBI Bank,From Wipro to Indiabulls Hsg, hot stocks to buy

Here Are The Stocks To Watch Out For In Today’s Trade  Moody’s upgraded IDBI Bank’s ratings across various instruments in view of significant capital infusion by LIC. The long-term local and foreign currency ratings have been upgraded by three notches to ‘Ba2’ from ‘B1’. Infosys partnered with HPE GreenLake for consumption- based IT models for smart infra investments. Bharat Financial Inclusion comp Bharat Financial Inclusion completed its sixth direct assignment worth Rs 832.3 crore to a public sector bank in the financial year 2019.  MEP Infra’s arm entered into a concession contract with NHAI for HAM project in Maharashtra for Rs 567.8 crore.  InterGlobe Aviation: InterGlobe Aviation, owner of India's biggest airline by market share IndiGo, said its third-quarter profit slumped 75 per cent to Rs 191 crore, dragged down by higher crude prices and intense competition. Earnings today: Nearly 75 companies including YES Bank, UltraTech Cement, ...