Tuesday, 14 June 2016

DCB Bank launches Aadhaar enabled ATM in Bengaluru


After severe cuts yesterday, the market has opened in green on Tuesday. The Sensex is up 64.66 points or 0.2 perceny at 26461.43, and the Nifty is up 21.95 points or 0.3 percent at 8132.55. About 342 shares have advanced, 111 shares declined, and 24 shares are unchanged. For more information visit www.marketmagnify.com/stock-future-power.php 
         GAIL, ICICI Bank, SBI, ONGC and Axis Bank are top gainers while Bharti, Maruti and TCS are losers in the Sensex.
          The Indian rupee opened lower by 6 paise at 67.19 per dollar on Tuesday versus previous close of 67.13.
       Unable to hold its early gains, the market has started to slip quickly. The Sensex is down 26.56 points or 0.1 percent at 26370.21, and the Nifty down 9.85 points or 0.1 percent at 8100.75. About 1007 shares have advanced, 419 shares declined, and 58 shares are unchanged.
         Adani Ports, GAIL, SBI, Tata Motors and ICICI Bank are top gainers while HDFC, Bharti, Bajaj Auto, NTPC and Hero are losers in the Sensex.
         Goldman Sachs says that management's lower store opening guidance will hurt growth. It expects only a small uptick of SSSG to 4 percent in FY17 from 3 percent in FY16 adding that fewer store openings should have a positive impact on SSSG but it remains cautious this time.
           DCB Bank Chairman Nasser Munjee said, "Bengaluru is an important centre for us.... These ATMs are testimony to our commitment to invest in customer facing technology and promote a new way of banking," according to a Bank release.
           Man Industries said this augmented facility will add new milestones for the company and open new market across the globe in high margin line pipe segment in future.

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