Today Equity Trending News - 15.11.2019
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* STATE BANK OF INDIA: The executive committee of the bank's central board of directors on Thursday approved selling up to 4% stake in SBI Cards and Payment Services, through the sale of 37.29 mln shares in the initial public offering of the arm.
* Bank stocks surge after Supreme Court's order on Essar Steel insolvency
State Bank of India (SBI), which has an exposure of more than ₹13,600 crore to Essar Steel, jumped 5% on BSE in early trade
ICICI Bank, which has an exposure of over ₹2,500 crore, jumped nearly 2%
* Steel stocks rebound from SC order in Essar Steel insolvency case
Jindal Steel and Power fell to ₹139.95, only to retrace the losses and trade nearly 1% up at ₹141
Overall, BSE Metal index was trading 0.3% lower at 9,299.38 points while Nifty Metal was also down by about 0.4%
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