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Ahead of Market: 12 things that will decide stock action on Monday

Momentum indicator Moving Average Convergence Divergence (MACD) showed bullish trade setup on the counters of Torrent Pharma, Mindteck, Capacit’e Infraprojects, APL Apollo Tubes and La Opala. from Stocks-Markets-Economic Times https://ift.tt/3sHwST0 via Urmarketspy

IDFC First Bank posts Rs 630-cr loss in Q1 on pandemic provisions

Gross bad loans also jumped significantly with the GNPA ratio coming at 4.61% versus 1.99% a year ago. Total quantum of bad loans rose sharply to Rs 4,667 crore at the end of the June quarter versus Rs 1,741 crore a year ago. Net NPA ratio came at 2.32% versus 0.51% in the year ago period. The identified stress asset pool stood at Rs 1,371 crore as on June 30. Fresh slippages also rose to Rs 2,800 crore.

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