Banking Stocks

RBI maintains the status quo on repo rate but cuts CRR by 50 bps what does it mean for the markets? Experts decode

SBI has demonstrated its strength in the last few quarters both on core operating performance and asset quality, while, management remains confident on growth, maintenance of margins and steady RoA.

Longest weekly losing streak in 14 months

RBI meeting: RBI maintains status quo on repo rate but changes stance to 'Neutral'; what does it mean for the markets? Experts decode

PNB shares have slipped after it announced Rs 109.16 per share as the floor price for the QIP, launched on September 23, that aims to raise Rs 7,500 crore.

In one week, the stock of the second largest private sector lender has outperformed the market by gaining 3.5 per cent, compared to the 1.9 per cent rise in the BSE Sensex.

Shenoy discusses how domestic-focused sectors like manufacturing, defence, railways, domestic consumption, and infrastructure are ready for long-term growth

The northward move came after global brokerage firm CLSA maintained its "Outperform" rating on IndusInd Bank's stock with a target price of Rs 1,800

Tamilnad Mercantile Bank (TMB) shares surged up to 4.35 per cent at 470.80 a piece on the BSE during intraday trading on Monday

The investment is the aggregate of total net deployment by active equity, passive and equity-oriented hybrid schemes

The operating expenses grew 21 per cent Y-o-Y but reduced 8 per cent Q-o-Q to Rs 1,590 crore, which was lower than expectations

Sustained foreign helps indices log best day in over than two weeks

The Nifty PSU Bank index was the top sectoral gainer, up over 2 per cent in an otherwise range-bound market on Thursday.

Market participants said that the yields fell in FY24 on the back of foreign inflows and favourable demand-supply dynamics over the year

Salaries in India could rise by 10% in 2024, analyst Sarah Jane Mahmud wrote in a note Friday, citing survey data from consulting firm Aon

Nervousness ahead of crucial data pull indices down

Analysts said investors fear that the surveillance will likely spread throughout the industry, and more might be the targets of the regulator's ire

The stock slipped nearly 4% to Rs 1,425.05 on the BSE in intra-day trade, falling below its previous low of Rs 1,460.55 touched on October 26, 2023.

The company's initial public offering (IPO) had seen demand 73 times more than the shares on offer

Post Q1 results, major banking stocks have lost the upside bias. Most stocks are facing hurdles at upper levels.