SBI: 83% of PSU bank stocks nearing oversold region: Anand James, Geojit Financial Services
PSU bank stocks were the worst performers this week led by selling seen in PNB, IOB, Union Bank, Canara Bank and Bank of India. “As 83% of PSU Bank index …
PSU bank stocks were the worst performers this week led by selling seen in PNB, IOB, Union Bank, Canara Bank and Bank of India. “As 83% of PSU Bank index …
Shares of Union Bank and Bank of India slipped 6% and 10%, respectively in Monday’s trade on BSE after the banks’ Q4 results failed to meet Street’s expectations. Union Bank …
The record-breaking rally in Indian equities in recent years has resulted in investors coming into the stock market in hordes. The broadening of the shareholder base in several stocks is …
Mumbai: Lenders will seek advice from the Reserve Bank of India (RBI) on shielding the identities of officers who spot wilful defaulters and build cases against errant borrowers, said bankers …
State owned Union Bank of India has raised Rs 3000 crore through a qualified institutional placement (QIP) allowing the bank to deepen its capital and also reduce its government holding …
Mumbai: The gap in weightage between Indian and Chinese equities on the MSCI index is narrowing with several global investors preferring shares on Dalal Street over those in Shanghai. Since …
40 companies will be announcing their quarterly earnings through the day. Among them, the most tracked after results will be from banking heavyweights ICICI Bank and Kotak Mahindra Bank. The …
While benchmark Nifty 50 gave high double-digit returns in 2023, the sector with the highest weightage in the index did not lead the bull run. Year-to-date, the Nifty 50 has …
Bank Nifty has not been displaying significant momentum, primarily due to the lackluster performance of the heavyweight HDFC Bank. Rupak De, Senior Technical analyst at LKP Securities, says it may …
Benchmark indices closed marginally up in highly volatile trade on Monday, snapping their four-day losing streak even as weak global trends and foreign fund outflows dented the investor sentiment. Stocks …