Tuesday, 25 July 2017

Nifty Hits Historic High Of 10,000 In Opening; HDFC Bank, ICICI Lead

As much as 50 companies on the BSE will be declaring their results for the quarter ended June 30 later today which include names like Asian Paints, Axis Bank, Bharti Airtel, Hero MotoCorp, Vedanta to name a few.

Global rating agency Moody's affirmed ratings of nine banks, including Bank of India, Punjab National Bank and Axis Bank, at Baa3/Prime-3, and downgraded the ratings of Indian Overseas Bank and Central Bank of India to Ba3 from Ba1.

Other banks whose rating was affirmed are Bank of Baroda, Canara Bank, Oriental Bank of Commerce, Syndicate Bank, Union Bank of India and ICICI Bank.

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