Most Read
  • 28 Jan 16
    04:11 AM
    The stock market indices have stabilised, at least temporarily, ahead of expiry. However, the major trend is still down. One key variable influencing sentiment could be guidance and policy from the US Federal Open Markets Committee.
    04:58 AM
    All major central trade unions, except the Bharatiya Janata Party-backed Bharatiya Mazdoor Sangh (BMS), have decided to go on strike on March 29, which would hit Coal India’s production by at least five million tonnes (mt).
    12:41 AM
    Indian naval ship (INS) Vikrant, the first aircraft carrier, which played a pivotal role in the 1971 Indo-Pak war, has made its way into a commuter bike to be launched by Bajaj Auto next month.
  • 03 Feb 16
    04:33 AM
    As expected by many quarters, the Reserve Bank of India (RBI) adopted a wait and watch approach in its Sixth Bi-monthly Monetary Policy announced on Tuesday, and kept key policy rates unchanged.
  • 05 Feb 16
    03:22 AM
    Bajaj Auto’s December quarter net profit at Rs 901 crore topped estimates of Rs 840 crore, due to higher Other Income, which jumped 110 per cent year-on-year to Rs 200 crore, and due to a 100-basis-point fall in effective tax rate to 30.5 per cent.
    12:36 AM
    Automobile companies maintained the excitement on the second day of the Auto Expo, with top manufacturers like Maruti Suzuki, Hyundai and Mahindra displaying concepts, promising gradual launches to keep the growth momentum going.
  • 29 Jan 16
    02:35 AM
    A strong surge in provisions wiped away the gains of healthy loan growth for ICICI Bank in the December quarter. Loan growth at 16 per cent was healthy and similar to the trend in recent quarters.


Company Price Gain (%)
Axis Bank398.904.40
Tata Steel234.003.47
Tata Motors337.253.47


Will bank shares witness a decline in the near term after RBI kept key rates unchanged?

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