Stock market

Bandhan Bank’s shares increased by 0.61%

Bandhan Bank’s shares traded 0.61% up in Monday’s trade. Approximately 281,118 shares changed hands on the counter. The stock opened at 312.0 and settled at intraday high and low Rs 318 and Rs 312, respectively. Bandhan Bank is an India-based Banking and financial services company headquartered in Kolkata, which has 4,559 banking outlets pan-India serving above 2.03 crore customers. It incorporated in the 2014 year and, nowadays, has a market capitalization of Rs 50,885.15 crore.

The stock quoted a 52-week high of Rs 650 and a 52-week low of Rs 152.2.

Besides, the Bank has noted a Gross Non-Performing Assets of Rs 1006.67 Crore and Net Non-Performing Assets of Rs 335.78 Crore.

The DJIA futures gained 306 points

According to the latest research, U.S. stock futures boosted on Monday morning after a sell-off in tech shares the market’s first back-to-back weekly decline in months.

The Dow Jones Industrial Average futures boosted 306 points. Significantly, the S&P 500 and Nasdaq 100 futures also gained,

The sentiment was lifted by news of Nvidia buying chipmaker Arm Holdings from Softbank for $40 billion.

Last week, the S&P 500  dipped 2.5%. It was the broader-market index’s worst one-day decline since August. That drop also marked the first time since May that the S&P 500 closed lower for two weeks.

Those losses were caused by a steep decline in tech, the best performing market sector year to date. The S&P 500 tech sector dropped more than 4% for its biggest weekly fall since March. Also, Apple, one of the biggest company by market capitalization, declined more than 7% last week.

On Friday, European equities saw their biggest weekly increase since early last month. The STOXX Europe 600 index boosted 0.13% and settled at 367.96. FTSE climbed 0.5%, CAC rose 0.2% while DAX slipped 0.1%.

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