Stocks to buy: Nagaraj Shetti recommends Bank of Maharashtra, Ashok Leyland shares to buy in the short-term
Stock market news, Aug. 27 -- The domestic benchmark indices remained largely negative on Thursday, 27 August, underperforming broader Asian markets. Gains from softer crude oil prices were offset by weakness in heavyweight HDFC Bank following a US class-action lawsuit against the lender.
The Nifty 50 declined 0.20% to 24,158 . 45, while the BSE Sensex was down 0.28% at 77,258.75 as of 11:37 IST.
HDFC Bank share price slipped around 1% after a securities lawsuit was filed in the US against the bank and two of its senior executives.
Meanwhile, Brent crude prices fell 0.5% to around $87.40 per barrel after Iran said it was working with Oman to finalise an agreement concerning the Strait of Hormuz. The development eased concerns over prol...
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