Yes Bank’s Freeloader Defaults On Rs. 1200 Crore Loan Payment

July 2, 2019

The deceleration in the non-bank lending industry continues to haunt real-estate companies. Mumbai-based Radius Developers has defaulted on scheduled interest payments on an Rs 1,200-crore loan to private lender Yes Bank.
The company, which has delayed interest payments by 45-60 days, has exposure of about Rs 5,500 crore to the banking system.
The Radius Developers account is currently in the SMA-2 category and it has delayed interest payments of Rs 30 crore. We have made requisite provisions on the account if they don’t pay before the 90-day period.
The Radius Group project that Yes Bank had funded is located in Chembur, a sprawling northeast Mumbai suburb. The development has been delayed by about four years due to wanting of environmental clearances.
Read EquityPandit’s Nifty Bank Outlook for the Week
The developer had got into an agreement with a prominent NBFC last year to sell a part of the project at a lower rate for Rs 360 crore.

INDEX OUTLOOK MARKET OUTLOOK NIFTY ENERGY

NIFTY ENERGY Outlook for the Week (June 03, 2024 – June 07, 2024)

CRON USERMay 31, 2024

May 31, 2024

NIFTY ENERGY closed the previous week on a negative note losing 4.90%.

Technically, NIFTY ENERGY share price will see immediate support at 39,420.17 and immediate resistance would be seen at 41,472.57.

If NIFTY ENERGY share price closes below immediate support of 39,420.17, then sharp breakdown can be seen. NIFTY ENERGY share price will see major support at 38,584.83 for the week.

On the positive side, immediate resistance will be seen at 41,472.57. Closing above 41,472.57, NIFTY ENERGY share price will see a sharp breakout. Major resistance for NIFTY ENERGY share price will be seen at 42,689.63 for the week.

Trading range for NIFTY ENERGY share price for this week should be between 37,367.77 on down side and 43,524.97 on up side.

NIFTY ENERGY Previous Week High: 41854.3

NIFTY ENERGY Previous Week Low: 39801.9

NIFTY ENERGY Previous Week Range: 2052.4 Points

NIFTY ENERGY share price support and resistance for the week (June 03, 2024 – June 07, 2024)

Level Type	Value
Resistance 3	43,524.97
Resistance 2	42,689.63
Resistance 1	41,472.57
Support 1	39,420.17
Support 2	38,584.83
Support 3	37,367.77

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INDEX OUTLOOK MARKET OUTLOOK NIFTY ENERGY

NIFTY ENERGY Outlook for the Week (May 27, 2024 – May 31, 2024)

CRON USERMay 24, 2024

May 24, 2024

NIFTY ENERGY closed the previous week on a negative note losing 3.75%.

Technically, NIFTY ENERGY share price will see immediate support at 40,667.72 and immediate resistance would be seen at 42,239.27.

If NIFTY ENERGY share price closes below immediate support of 40,667.72, then sharp breakdown can be seen. NIFTY ENERGY share price will see major support at 39,700.78 for the week.

On the positive side, immediate resistance will be seen at 42,239.27. Closing above 42,239.27, NIFTY ENERGY share price will see a sharp breakout. Major resistance for NIFTY ENERGY share price will be seen at 42,843.88 for the week.

Trading range for NIFTY ENERGY share price for this week should be between 39,096.17 on down side and 43,810.82 on up side.

NIFTY ENERGY Previous Week High: 41876.95

NIFTY ENERGY Previous Week Low: 40305.4

NIFTY ENERGY Previous Week Range: 1571.55 Points

NIFTY ENERGY share price support and resistance for the week (May 27, 2024 – May 31, 2024)

Level Type	Value
Resistance 3	43,810.82
Resistance 2	42,843.88
Resistance 1	42,239.27
Support 1	40,667.72
Support 2	39,700.78
Support 3	39,096.17

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INDEX OUTLOOK MARKET OUTLOOK NIFTY ENERGY

NIFTY ENERGY Outlook for the Week (May 20, 2024 – May 24, 2024)

CRON USERMay 17, 2024

May 17, 2024

NIFTY ENERGY closed the previous week on a negative note losing 5.54%.

Technically, NIFTY ENERGY share price will see immediate support at 38,834.10 and immediate resistance would be seen at 41,069.55.

If NIFTY ENERGY share price closes below immediate support of 38,834.10, then sharp breakdown can be seen. NIFTY ENERGY share price will see major support at 37,365.70 for the week.

On the positive side, immediate resistance will be seen at 41,069.55. Closing above 41,069.55, NIFTY ENERGY share price will see a sharp breakout. Major resistance for NIFTY ENERGY share price will be seen at 41,836.60 for the week.

Trading range for NIFTY ENERGY share price for this week should be between 36,598.65 on down side and 43,305.00 on up side.

NIFTY ENERGY Previous Week High: 40368.2

NIFTY ENERGY Previous Week Low: 38132.75

NIFTY ENERGY Previous Week Range: 2235.45 Points

NIFTY ENERGY share price support and resistance for the week (May 20, 2024 – May 24, 2024)

Level Type	Value
Resistance 3	43,305.00
Resistance 2	41,836.60
Resistance 1	41,069.55
Support 1	38,834.10
Support 2	37,365.70
Support 3	36,598.65

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INDEX OUTLOOK MARKET OUTLOOK NIFTY ENERGY

NIFTY ENERGY Outlook for the Week (May 13, 2024 – May 17, 2024)

CRON USERMay 10, 2024

May 10, 2024

NIFTY ENERGY closed the previous week on a negative note losing 5.82%.

Technically, NIFTY ENERGY share price will see immediate support at 38,059.13 and immediate resistance would be seen at 40,428.28.

If NIFTY ENERGY share price closes below immediate support of 38,059.13, then sharp breakdown can be seen. NIFTY ENERGY share price will see major support at 37,028.82 for the week.

On the positive side, immediate resistance will be seen at 40,428.28. Closing above 40,428.28, NIFTY ENERGY share price will see a sharp breakout. Major resistance for NIFTY ENERGY share price will be seen at 41,767.12 for the week.

Trading range for NIFTY ENERGY share price for this week should be between 35,689.98 on down side and 42,797.43 on up side.

NIFTY ENERGY Previous Week High: 40736.8

NIFTY ENERGY Previous Week Low: 38367.65

NIFTY ENERGY Previous Week Range: 2369.15 Points

NIFTY ENERGY share price support and resistance for the week (May 13, 2024 – May 17, 2024)

Level Type	Value
Resistance 3	42,797.43
Resistance 2	41,767.12
Resistance 1	40,428.28
Support 1	38,059.13
Support 2	37,028.82
Support 3	35,689.98

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INDEX OUTLOOK MARKET OUTLOOK NIFTY ENERGY

NIFTY ENERGY Outlook for the Week (May 06, 2024 – May 10, 2024)

CRON USERMay 3, 2024

May 3, 2024

NIFTY ENERGY closed the previous week on a negative note losing 2.87%.

Technically, NIFTY ENERGY share price will see immediate support at 40,005.58 and immediate resistance would be seen at 41,190.53.

If NIFTY ENERGY share price closes below immediate support of 40,005.58, then sharp breakdown can be seen. NIFTY ENERGY share price will see major support at 39,440.12 for the week.

On the positive side, immediate resistance will be seen at 41,190.53. Closing above 41,190.53, NIFTY ENERGY share price will see a sharp breakout. Major resistance for NIFTY ENERGY share price will be seen at 41,810.02 for the week.

Trading range for NIFTY ENERGY share price for this week should be between 38,820.63 on down side and 42,375.48 on up side.

NIFTY ENERGY Previous Week High: 41244.55

NIFTY ENERGY Previous Week Low: 40059.6

NIFTY ENERGY Previous Week Range: 1184.95 Points

NIFTY ENERGY share price support and resistance for the week (May 06, 2024 – May 10, 2024)

Level Type	Value
Resistance 3	42,375.48
Resistance 2	41,810.02
Resistance 1	41,190.53
Support 1	40,005.58
Support 2	39,440.12
Support 3	38,820.63

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