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5 mins read
PSU bank stocks on a high with room to play
Indian public sector bank stocks have been rallying for the last three sessions – even as the broad…
3 mins read
The PSU rally is likely to continue as stocks still at 40% discount to Nifty50
The Public Sector Undertaking (PSU) stocks have been rallying with several seeing a bull run especi…
8 mins read
ETFs performed better than actively-managed equity mutual funds in FY23
Amid high volatility in the equity markets, exchange-traded funds or ETFs fared better than activel…
2 mins read
India benchmark equity closes in red, stocks of Bank Nifty dip 469 points
Among the sectoral indices, Nifty Bank deteriorated and remained in red while other sectors that re…
ANI
2 mins read
Explained: Will thematic funds continue to be attractive in 2024?
Between October 2022 and October 2023, the assets under management (AUM) of sectoral/thematic funds…
2 mins read
RBI likely to transfer ₹1 trillion to government in FY25
The Reserve Bank of India (RBI) is likely to transfer approximately Rs 1000 billion to the governme…
ANI
2 mins read
FM Nirmala Sitharaman likely to meet PSU banks heads on Saturday
Finance minister Niramala Sitharaman is scheduled to meet managing directors of public sector banks…
PTI
2 mins read
Taxpayers with income marginally over ₹7 lakh to get relief under new tax regime
In a relief to taxpayers opting for the new tax regime, individuals earning a marginally higher inc…
PTI
3 mins read
Bloodbath in Indian stocks as trends show below par show by BJP-led NDA; Sensex slumps over 4,000 points
Indian stock indices witnessed a bloodbath on the day the Lok Sabha results are being announced, wh…
ANI
4 mins read
Sensex, Nifty50 open higher amid positive global cues; metal, IT, PSU banks top gainers
All sectoral indices were in the green, metal, IT and PSU Banks were the top gainers. Adani Enterpr…
4 mins read
Sensex, Nifty50 edge higher amidst volatility: PSU bank, realty and FMCG stocks rise
India’s benchmark indices Sensex and Nifty50 are likely to open in the green on Friday amidst posit…
5 mins read
Go First Impact: Market capitalisation of 3 PSU Banks down by ₹7,500 crore as investors fret over their exposure to ailing airline
Low-cost airline Go First’s insolvency proceedings have plunged shares of Central Bank of India, Ba…
3 mins read
Markets reward PSBs, push up their market caps
Looking at the table in the article one can see that the benchmark indices saw a small decline i…
1 min read
FM Nirmala Sitharaman lauds PSU banks for declaring ₹25,685 crore profit in Q2
Finance Minister Nirmala Sitharaman on Monday lauded all 12 public sector banks for recording combi…
2 mins read
Govt may not announce capital infusion for PSU banks in Budget 2023-24
The government last provided capital support to banks in 2021-22. It had earmarked Rs 20,000 crore …
PTI
3 mins read
Sensex snaps 4-session losing run led by PSU banks
Equity benchmark Sensex ended four days of losses on Thursday, buoyed by gains in select banking an…
PTI
2 mins read
Sensex, Nifty50 fall for the third consecutive day due to rising Covid concerns – all sectors except IT decline
Indian benchmark indices Sensex and Nifty50 closed in the red on Thursday, a day after the Reserve …
2 mins read
Govt may infuse capital in PSU general insurers in Q4 based on performance
Finance Ministry would consider capital infusion in three loss-making public sector general insuran…
PTI
5 mins read
PSU banks near all time high as analysts expect a rerun of 2004-05 corporate capex cycle
Public sector banks are among the top performers on the stock exchanges with valuations reaching al…
2 mins read
Job vacancies for junior associate roles at India’s largest bank: All you need to know
India’s largest bank, State Bank of India is offering over 8,000 jobs at junior levels and has invi…