“Even the largest bank is trading at 2.3 times book, around 12-13 times price to earnings, I do not remember the last time that happened. And clearly, the risk reward …
“I think the time has come for them to really take charge or take lead or join the overall bullish camp and that is what is sort of happening. A …
Chances of Nifty Bank exceeding the 51000 mark this week are low and the downside marker is placed at 49500, says Anand James, Chief Market Strategist, Geojit Financial Services. “Bias …
PSU bank stocks fell sharply by up to 10% on Tuesday in intraday trade on the BSE, following early trends showing the BJP-led NDA coalition with an upper edge. However, …
“The fact bond yields went down when you had that big dividend payout, I think there was a bit of an outperformance. So, I think you could look for some …
“I think there is a growth in terms of volume, given the kind of appetite that people have for jewellery and also, we feel that you will see stable margins …
“There might be some psychological or emotional reaction in a shorter term, saying government would not be able to carry out this reform, that reform, but I do not think …
“Except for oil and gas and metals, I think we stand good as far as the earnings growth is concerned. It will broadly be 13% to 15% sort of earnings …
Showcasing a sharp earnings turnaround on asset quality improvements, robust margins and strong loan book growth in a multi-year credit upcycle, the combined net profit of all 12 PSU banks …
“You can see from foreign flows perspective that that rebound in China is detracting from some of the investment in India. I do not think it changes the longer-term trends, …