Taking Stock | Moody's downgrade spoils the mood; indices falls for 3rd day in a row After witnessing a positive opening, the market benchmarks slipped in the negative soon and traded in the red for the most part of the session, eventually settling with losses.
SC's stance on AGR a blow to financials, say experts; should you avoid the sector? The apex court's rebuke to telecom companies had a domino effect on select financial heavyweights also as the Nifty Bank index fell 1.27 percent on February 14.
Trade Setup for Monday: Top 15 things to know before Opening Bell According to the pivot charts, the key support level for Nifty is placed at 12,054.23 followed by 11,994.97. If the index continues moving up, key resistance levels to watch out for are 12,209.73 and 12,305.97.
Banking wrap: SBI says banks to pay price if any telco files for bankruptcy; Yes Bank in talks with investors for fund raising Updates from the banking sector: RBI MPC may extend pause on inflation concerns; ESAF SFB hunts for marquee investors for pre-IPO fund raising