Indian Overseas Bank (IOB) shares jumped nearly 9% in Thursday’s trade as investors preferred to buy government-owned banks even as private peers reeled under selling pressure. It was followed by …
Mumbai: Indian equities touched record levels on Wednesday, with the Nifty ending above 20,000 for the first time, led by gains in bank shares. Small- and micro-cap stocks rebounded from …
Mumbai: The recent surge in the stock market has propelled over 92% of the stocks in the broad-based NSE 500 index above their 200-day moving average (DMA), a key technical …
MUMBAI: Banks have stepped up issuances of certificates of deposit to meet funding requirements amid tighter liquidity conditions after the Reserve Bank of India (RBI) implemented steps to drain out …
Indian market is likely to trade higher on Tuesday tracking positive global cues. The S&P BSE Sensex rose more than 260 points while the Nifty50 closed just below 19400 levels …
Brokerage Jefferies has picked over two dozen stocks, including ICICI Bank, Tata Motors and Zomato as part of its India equity strategy, remaining most bullish on the financial stocks followed …
Indian market is likely to consolidate on Tuesday tracking muted global cues. The S&P BSE Sensex rose more than 200 points while the Nifty50 closed just a shade below 19,600 …
A steady June quarter earnings with lower provisions triggered buying action in IDFC First Bank shares on Monday as it jumped over 2% to the day’s high of Rs 85.75 …
In the June quarter gone by, foreign institutional investors (FIIs) increased their bets notably in both private and public sector banks, while mutual funds (MFs) played the contrarian role. Data …
Equity markets started the week on a sombre note, declining for a second consecutive day as investors turned cautious ahead of the upcoming Fed meeting. Stocks that were in focus …