Weekly Flashback: Top News That You Might Have Missed

Published : 30 June 2023 By : Sachin Gupta

1. Indian banks witness decade-low bad-debt ratios

[{"selector":"#anim-43887c82-b335-49b9-9178-6ac0ac0247d0 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-d2aafb13-7f19-4903-a625-633184bec05e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6c1aa693-3867-4dba-880c-0a3dbe0a96aa","keyframes":{"transform":["translate3d(0px, 94.95917%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8dd307fc-3cc7-4bdf-816e-7a597b7e635a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Nifty and the Bank Nifty reached new highs, and the PSU Bank Index rose over 1%, with SBI and Bank of Baroda leading the way.

1. Indian banks witness decade-low bad-debt ratios

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2. Nifty at record high, crosses 19,000

[{"selector":"#anim-6213b859-7908-4c44-9e69-36ad0bd681d0 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-4173ca75-38a9-4ba9-8188-8f77105d4f19","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-279011a4-d92f-4e97-a4c5-b673133cd45d","keyframes":{"transform":["translate3d(0px, 94.95917%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-16814361-39a2-4c78-8983-0bc7ab61a874","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] On Wednesday, Nifty reached an all-time high of over 19,000, and the intraday high for the Sensex was over 64,000.

2. Nifty at record high, crosses 19,000

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3. NSE drops plan to shift Nifty Bank F&O expiry to Friday

[{"selector":"#anim-9e907e6d-1436-4c83-ba49-f3af699beffb [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-3f7511f1-7aa9-44b0-acc8-8e0bf3afc3a1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4785e69d-fc0f-47ab-9910-5d80c1a7db75","keyframes":{"transform":["translate3d(0px, 94.95917%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fbd23e6f-206b-43b3-9f28-32fdaf240fbe","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] The National Stock Exchange has canceled its plan to move the Nifty Bank derivative contracts' expiration date from Thursday to Friday.

3. NSE drops plan to shift Nifty Bank F&O expiry to Friday

[{"selector":"#anim-f834ebe5-0f9b-40f9-b25e-2458e81d753e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-ba57d82d-1e9b-43f5-8c3d-25cc7993afae","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-35a7b52f-3d2e-4627-b599-c5ee02e570c3","keyframes":{"transform":["translate3d(0px, 94.95917%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9adfcbfc-3fa2-478b-ada4-3075d9ada6d5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Earlier it made decision to move the expiration from Thursday to Friday. NSE made the decision to drop the proposal for the benefit of market growth.

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