Categories
5Stocks Banks

RBI’s tightening hammers Private Bank Stocks

On 15th July, 2013, RBI announced measures to tighten liquidity to prop up the rupee.The impact on private bank stocks have been dramatic as can be seen from the table below:

Symbol Close on 15 July, 2013 Close on 19 July, 2013 Loss
YESBANK 500.35 424.6 -15.14%
INDUSINDBK 506.35 445 -12.12%
ICICIBANK 1061.05 959.3 -9.59%
AXISBANK 1308.9 1191.9 -8.94%
KOTAKBANK 757.45 690.85 -8.79%
INGVYSYABK 624.95 575.55 -7.90%
KTKBANK 112.65 104.4 -7.32%
KARURVYSYA 433.45 410.7 -5.25%
DCB 51.95 49.6 -4.52%
FEDERALBNK 398.85 382.2 -4.17%
DHANBANK 33.95 32.95 -2.95%
J&KBANK 1278.45 1247.2 -2.44%
HDFCBANK 695.45 680 -2.22%
CUB 53.65 53.05 -1.12%
LAKSHVILAS 71.9 71.6 -0.42%
SOUTHBANK 23 22.95 -0.22%
Categories
CoatTailing

Portfolio of Government of Singapore in India

This post is in continuation of my coat tailing series (see here).

The portfolio of the Government of Singapore in India as on 31 March, 2013 as per stock exchanges websites is given below:

Company Entity # of Shares %
HDFC Bank Government of Singapore 30385685 1.28
Infosys Government of Singapore 7956790 1.39
Tata Steel Government of Singapore 16417074 1.69
Zee Entertainment Government of Singapore 14740154 1.55
Anant Raj Government of Singapore Investment Corporation Pte Ltd 12403490 4.2
Patel Engineering Government of Singapore 896187 1.28
ICICI Bank Government of Singapore 24773024 2.15
Indusind Bank Government of Singapore 5435129 1.04
IDFC Government of Singapore 16311597 1.08
Tulip Telecom Government of Singapore 7654328 5.28
DLF Government of Singapore 24536296 1.44
DB Corp Government of Singapore 2004655 1.09
Bajaj Finserv Government Of Singapore 4948812 3.11
Multi Commodity Exchange Government of Singapore Investment Corporation A/c 578660 1.13
VA Tech Wabag Government Of Singapore 766260 2.89

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Categories
5Stocks

5 Sensex stocks which give the highest yield

This post is in continuation of my 5 Stocks Series (see here)

5 Sensex stocks which give the highest yield are:

  1. BHEL 3.23%
  2. Infosys 1.63%
  3. TCS 1.59%
  4. SBI 1.55%
  5. ICICI Bank 1.55%
Categories
Observations This is India !

Banks have been exposed…and the market has yawned

Today there was a press conference by Cobrapost where they alleged that HDFC Bank,ICICI Bank and Axis Bank indulged in money laundering.

The markets saw this breaking news conference and yawned.At the time of writing this,

Axis Bank (-0.82%)

HDFC Bank (-0.33%)

ICICI Bank (-0.47%)

These declines are par for the course when Nifty is down by 0.18% and Bank Nifty is down by 0.13%

Does this mean that the markets already knew this “news” or does it mean that markets know that these banks will not face any material fines/penalties?

This is India !

Categories
Sellside Research

Kotak Update on ICICI Bank

This report is for informational purposes only.Not a recommendation to buy or sell.