Sharemasterindia.com 12:17 p.m.: Fitch says re-capitalisation of mid-sized PSU banks is very urgent and some banks are capital starved.
12:13 p.m.: Fitch says that 20-40 per cent of stressed assets of the state-run banks will turn into bad loans and State Bank of India is the best placed banks in terms of capital needs.
12:03 p.m.: Most Asian stocks drooped on Tuesday as Chinese equity markets went into a fresh tailspin, fraying investor nerves already strained by uncertainty hanging over the future of Greece and the European currency union.
Chinese shares fell more than 4 per cent despite unprecedented steps last weekend to stabilise the plummeting market, with the CSI 300 index falling to near four-month lows.
11:49: L&T Finance Holdings, Unitech, United Breweries, J P Associates, Suzlon Energy and Marksans Pharma were the most actively traded stocks on the National Stock Exchange.
11:42 a.m.: Essar Oil shares rose as much as 6 per cent on Tuesday to a fresh 52-week high of Rs 184.80 on the BSE, extending its gains to nearly 25 per cent in two sessions. Essar Oil shares had surged nearly 18 per cent on Monday after reports said the refiner had received NSE's approval for delisting its shares.
11:21 a.m.: The markets were trading in a tight range in the late morning deals as selling was seen in select energy, FMCG and infrastructure stocks.
The Sensex moved in a range of 135 points while the broader Nifty was trading in a range of 38 points.
The Sensex was up 42 points at 28,251 and the Nifty was up 13 points at 8,535.
11:17 a.m.: Marksans Pharma shares have surged nearly 50 per cent to hit fresh 52-week high of Rs 91.90 in the last six trading sessions.
12:13 p.m.: Fitch says that 20-40 per cent of stressed assets of the state-run banks will turn into bad loans and State Bank of India is the best placed banks in terms of capital needs.
12:03 p.m.: Most Asian stocks drooped on Tuesday as Chinese equity markets went into a fresh tailspin, fraying investor nerves already strained by uncertainty hanging over the future of Greece and the European currency union.
Chinese shares fell more than 4 per cent despite unprecedented steps last weekend to stabilise the plummeting market, with the CSI 300 index falling to near four-month lows.
11:49: L&T Finance Holdings, Unitech, United Breweries, J P Associates, Suzlon Energy and Marksans Pharma were the most actively traded stocks on the National Stock Exchange.
11:42 a.m.: Essar Oil shares rose as much as 6 per cent on Tuesday to a fresh 52-week high of Rs 184.80 on the BSE, extending its gains to nearly 25 per cent in two sessions. Essar Oil shares had surged nearly 18 per cent on Monday after reports said the refiner had received NSE's approval for delisting its shares.
11:21 a.m.: The markets were trading in a tight range in the late morning deals as selling was seen in select energy, FMCG and infrastructure stocks.
The Sensex moved in a range of 135 points while the broader Nifty was trading in a range of 38 points.
The Sensex was up 42 points at 28,251 and the Nifty was up 13 points at 8,535.
11:17 a.m.: Marksans Pharma shares have surged nearly 50 per cent to hit fresh 52-week high of Rs 91.90 in the last six trading sessions.
