RBL Bank share price tumbles 14.5% to 16-month low on weak Q2 results; brokerages lower target price | Stock Market News

RBL Bank share price tumbles 14.5% to 16-month low on weak Q2 results; brokerages lower target price | Stock Market News

Source: Live Mint Shares of RBL Bank came under significant selling pressure during the trading session on Monday, October 21, falling 14.5% to hit a 16-month low of ₹175.50. The decline was driven by the bank’s disappointing September quarter performance, which highlighted challenges in the unsecured credit segment. The weak results prompted several brokerages to…

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Real estate stocks regain momentum; Oberoi Realty and 6 others jump up to 16% in 6 sessions | Stock Market News

Real estate stocks regain momentum; Oberoi Realty and 6 others jump up to 16% in 6 sessions | Stock Market News

Source: Live Mint Real estate stocks staged a strong comeback in recent sessions following a sharp sell-off in the first week of October. This impressive rebound began when the RBI shifted its policy stance from a hawkish ‘withdrawal of accommodation’ to a more neutral position, raising hopes for potential rate cuts. As the real estate…

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