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However, SAT in its order noted that "the company had gone into July 2017 under the Insolvency Bankruptcy Code (IBC) and in view of the decision of this tribunal, no penalty can be levied on the new management which came into the picture on May 18, 2018. "The violation, if any, committed for the quarter ended March 2016, was of the previous management which cannot be imposed upon the new management."

Returns have been raised 10-25 basis points, reflecting a surge in credit demand amid early signs of revival in private capital expenditure. Financial planners believe fixed deposit investors should build a ladder allocating one third to low tenure deposits of 1-2 years and the balance to 3-5 years tenure and not wait for deposit rates to peak. One basis point is 0.01%.

Shares of Easy Trip Planners have gained 70% in the last 1 year, while its year-to-date return is at 62%

The 52-week low is the lowest price a stock has traded during the last one year

“It was a phenomenal comeback by the bulls on the D-Street. The index Nifty is again above 18,000 mark while Nifty Bank index is back above 42,500." Mehul Kothari - AVP, Technical Research, Anand Rathi Shares & Stock Brokers, said.

The company is selling its shares in the range of Rs 94-99 apiece between December 23 and 27, with a lot size of 150 equity shares. The offer comprises a fresh issue of Rs 60 crore and an offer for sale (OFS) of 3.31 crore units.

The board of directors considered and approved to raise capital through an issuance of non-convertible redeemable unsecured Basel III compliant tier II bonds for amount up to Rs 1,500 crore

The overall structure shows that the index will likely witness both-side movements in the coming days

“When we say buy on dips, I am definitely bullish especially on the banking sector and especially on the PSU banks. And 42,000 or 41,700 was a major support for the Bank Nifty. Once it breaks, then only will there be further downside to it. Otherwise, use all dips to buy.”

Gold price traded steady in the domestic market due to lack of cues from the global market due to holiday season," said Dilip Parmar, Research Analyst at HDFC Securities. Gold prices are likely to trade sideways due to lack of market participants. However short-term trend is still bullish in gold, Parmar added.