CapitalHeight CASH PREMIUM SEGMENT Report 17 DEC to 21 DEC 2018

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TOTAL PROFIT (Rs): 503890

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Bank Nifty Market Trend for 18-Dec- 2018: CapitalHeight

stock market update


BANK NIFTY-DOWN (26535-27360)

NIFTY-UP (10735-11115)



DOW -507


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Yes Bank fall 6% as panel finalizes suggestion for new part-time chairman.

Yes Bank fall 6%

Yes Bank shares fell 8 percent intraday Thursday after conclusion of board meeting for appointment of chairman and additional directors.

The bank’s Nomination & Remuneration Committee (N&RC) and Board of Directors have finalized the recommendation for non-executive part-time chairman position and shall be promptly seeking requisite approvals from the Reserve Bank of India.

The newly appointed additional directors (Independent) T S Vijayan and Uttam Prakash Agarwal attended their first board meeting today.

The Search & Selection Committee (SSC) and the Board of Directors are on track to complete the said process within the stipulated timelines of the Reserve Bank of India, bank said in release.

The SSC has discussed and deliberated on the final shortlisted external and internal candidates presented by Korn Ferry post their comprehensive interviews and assessment. The SSE will now engage with the candidates over the next few days for finalization.

The final recommendation will be submitted to the Reserve Bank of India by the Board of Directors post their next meeting scheduled on January 9, 2019.

Motilal Oswal picks 8 large caps, 4 midcaps ahead of expected elevated volatility in 2019.

Motilal Oswal  Stock Share Tips

In the five state polls, the tide turned completely in favour of Congress indicating solid tug of war in the upcoming general elections 2019.

“One of the key takeaways from the election outcome is the strong comeback of Congress in the Hindi heartland belt, where the BJP had enjoyed unparalleled dominance for long,” Motilal Oswal said.

Congress will form government in three key states as it made strong gains in Chhattisgarh and Rajasthan and managed to form government in Madhya Pradesh with support from others. Mizo National Front won in Mizoram and TRS retained Telangana with a thumping majority.

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