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Voltamp Transformers, incorporated in the year 1967, is a Small Cap company (having a market cap of Rs 2724.14 Crore) operating in Power sector.

"Let us wait and see what the US CPI print will print tonight and then post that, what the Fed is likely to do on 23. My own sense from the external side, is given the fact that the US 10-year has come off, the US 2-year yields have come off; the dollar index has come off; the pressure from the external, the G10 central banks, that probably will have eased as of now."

The pace of tightening will certainly come down. I do not expect that just because of this event and the response, some kind of QE response which the Fed has already delivered, they would want to pause at this juncture. I think they will continue, but perhaps at a much less aggressive pace than anticipated.

The current crisis is probably going to be over in a week if things are allowed to recover where they are. The other point is contagion. What has happened in the US is to relatively smaller banks, although Silicon Valley Bank is bigger than HDFC Bank, but it is a small bank in comparison to other US banks. The European economies and banking system are more leveraged with far worse quality of assets and way lower governance standards than most US banks.

The stock of PNB has outperformed the Nifty50 by more than 32% over a 12-month period giving returns of 36% as against 4% returned by the broader market index according to a data sourced from Trendlyne.

Brokerage firm Citi recommends a buy in this stock for a price target of Rs 1,061. In a note, it said that Paytm has several existing and emerging levers that are likely to drive price action.

The Nifty opened on a flat note on Monday and witnessed a volatile first half of trading. As the day progressed the selling pressure intensified, and Nifty closed 260 points for the day, Jatin Gedia, Technical Research Analyst at Sharekhan by BNP Paribas said.

Ashutosh Bhargava of Nippon India Mutual Funds say that this is not the time to be overweight on equities either on the valuation side or from a trend perspective. Currently, they are definitely running a net equity allocation which is below average. Ususally it is between 30% and 80% and today, it is around 42-43% net equity.”

While the 3-year lock-in expiry paves the way for lenders such as State Bank of India, and many others to offload stake in YES Bank, reports said that the stakeholders don’t plan to do so immediately, and would rather do it in phases.

Ritesh Bhatia, Founding Director, V4WEB Cybersecurity says intermediaries really need to do something about it. Our PAN cards and Aadhaar cards are all across because at every place, it is required. They need to step up. We need not use an Aadhaar card as an identity mechanism, but it is meant to be used for authentication and verification and that can be done by scanning the QR code.