NBFC, housing finance stocks continue to slide on worries over liquidity constraints
Shares of housing finance and NBFC companies had dropped as much as 23.5 percent on Tuesday, led by DHFL, on fears of a liquidity crisis. These stocks fell in Monday's trading session as well.
New Delhi: Shares of NBFC and housing finance firms continued to trade weak Thursday, plunging by up to 8.5 percent on worries over liquidity constraints.
Can Fin Homes plunged 8.48 percent, PNB Housing Finance 7.29 percent, Indiabulls Housing Finance 6.05 percent, DHFL 4.87 percent, LIC Housing Finance 2.63 percent and Reliance Home Finance 0.74 percent on BSE.
Shares of Mahindra & Mahindra Financial Services plunged 5.36 percent, Motilal Oswal Financial Services 5.17 percent, Manappuram Finance 4.97 percent, Shriram City Union Finance 3.28 percent and Muthoot Capital Services 3.06 percent.
Liquidity concerns in the NBFC space has hit investor sentiment of late, with shares of many of these companies tumbling sharply.
Shares of housing finance and NBFC companies had dropped as much as 23.5 percent on Tuesday, led by DHFL, on fears of a liquidity crisis.
These stocks fell in Monday's trading session as well.
The Asus laptops that will come will be equipped with the updated GPUs are the ROG and TUF family laptops.
You get access to flagship-grade processors, 108MP cameras and 5G compliance in smartphones available for under Rs 25,000 in India this month.
Mumbai University releases Summer 2021 exam date sheet for Commerce, Management courses; check mum.digitaluniversity.ac
Students can check and download the detailed notifications by visiting the official website of the Mumbai University: http://www.mum.digitaluniversity.ac/