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PNB Housing Finance revises trademark agreement with Punjab National Bank

Read more about PNB Housing Finance revises trademark agreement with Punjab National Bank on Business Standard. The existing brand arrangement dated 07 December 2009 will continue to govern use of PNB trademark until PNB s shareholding in the Company is 30% or more. Upon PNB s shareholding falling below 30%, the new Agreement will replace the existing ....

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Sensex jumps 386 pts, Nifty crosses 15,300; NSE VIX below 19 mark


The key barometers hit a fresh intraday high in early afternoon trade, tracking positive Asia cues. The Nifty index traded above 15,300 level. IT stocks rallied while metal stocks corrected.
At 12:20 IST, the barometer index, the S&P BSE Sensex, rose 386.43 points or 0.76% at 51,023.96. The Nifty 50 index gained 99.70 points or 0.66% at 15,308.15.
In the broader market, the S&P BSE Mid-Cap index rose 0.25% while the S&P BSE Small-Cap index added 0.87%.
The market breadth was strong. On the BSE, 1,968 shares rose and 974 shares fell. A total of 138 shares were unchanged.
Derivatives:
The NSE s India VIX, a gauge of market s expectation of volatility over the near term, fell 0.65% to 18.72. The Nifty 27 May 2021 futures were trading at 15,299.90, at a discount of 8.25 points as compared with the spot at 15,308.15. ....

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