Barring Hong Kong stock market (up 1.4%), the
major Asian stock markets have opened the session on a negative note
with markets in China (down 1.01%) and Singapore (down 0.7%),
witnessing maximum selling pressures. The stock markets in US and
European closed their session on a weak note yesterday. The rupee is
trading at 64.05 per US dollar.
The Indian stock markets have the day on a
flattish note. BSE-Sensex is trading down by 23points (down 0.06%)
and NSE-Nifty is trading down by 7 points (down 0.08%). BSE Mid Cap
is trading down by 0.23% while BSE Small Cap index is trading up by
0.18%. Sectoral indices have opened on a mixed note, with stocks from
realty and metal pack witnessing maximum brunt. Stocks from consumer
durables and capital goods are among the leading gainers.
The bank had reported an increase in its gross
non-performing assets ratio at 3.78 per cent in March 2015 and had
said a bulk of NPAs is coming from assets restructured earlier. The
two accounts include Tulip Telecom worth Rs 7bn and Falcon Tyres
worth Rs 3bn. Both have been declared as non-performing assets.
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