Business Standard

Page 3 - Financial Stocks

Sectoral flows hint foreign portfolio investors in defensive mood

In August, they invested the highest sum into fast-moving consumer goods (FMCG) stocks, while yanking out money from high-beta sectors such as auto and banking.

Sectoral flows hint foreign portfolio investors in defensive mood
Updated On : 09 Sep 2021 | 1:33 AM IST

Indian shares rise on auto, financials boost; June CPI data awaited

Auto and financial stocks boosted Indian shares on Monday, ahead of the release of retail inflation data for June, with investors preparing for major corporate earnings due later in the week

Indian shares rise on auto, financials boost; June CPI data awaited
Updated On : 12 Jul 2021 | 1:13 PM IST

Markets log first gain in 5 days; financial, pharma stocks take charge

After a range-bound trading through the day, the BSE Sensex ended 166.07 points or 0.32 per cent higher at 52,484.67

Markets log first gain in 5 days; financial, pharma stocks take charge
Updated On : 02 Jul 2021 | 11:19 PM IST

Sensex rebounds 359 points; financial, pharma stocks key drivers

The 30-share Sensex finished 358.83 points or 0.69 per cent higher at 52,300.47. Intra-day, the index swung between a high of 52,346.35 and a low of 51,957.92

Sensex rebounds 359 points; financial, pharma stocks key drivers
Updated On : 11 Jun 2021 | 12:14 AM IST

FPIs hike exposure to banking and financial stocks, exit in IT in May

The month saw a sharp turnaround in fortunes with overseas investors selling shares worth nearly $900 million during the first half and pumping in close to $500 million during the second

FPIs hike exposure to banking and financial stocks, exit in IT in May
Updated On : 04 Jun 2021 | 10:17 PM IST

Lagging behind: Brokerage firm CLSA flags 'odd' Indian financials trend

The Nifty Financial Services index is up 8.1 per cent on a year-to-date basis. In comparison, the Nifty50 index has gained 9.7 per cent

Lagging behind: Brokerage firm CLSA flags 'odd' Indian financials trend
Updated On : 28 May 2021 | 2:12 AM IST

Markets extend gains to second day as banks, financial stocks rally

A recovering rupee and positive global cues also propped up the bourses, traders said

Markets extend gains to second day as banks, financial stocks rally
Updated On : 15 Apr 2021 | 10:44 PM IST

Sensex, Nifty end marginally lower; L&T and financial stocks fall

A weakening rupee and selling by foreign investors also weighed on Dalal Street, traders said

Sensex, Nifty end marginally lower; L&T and financial stocks fall
Updated On : 17 Mar 2021 | 12:27 AM IST

Sensex sheds 397 points today: Five key factors behind the fall

Weakness in index heavyweight Reliance Industries and banking and financial stocks was what dragged indices lower even as IT stocks, without much success, tried to cushion the fall

Sensex sheds 397 points today: Five key factors behind the fall
Updated On : 15 Mar 2021 | 3:38 PM IST

Magma Fin up 5% as shareholders approve share issue to Poonawalla-led firm

The shareholders have approved the company's plan to raise up to Rs 3,456 crore by issuing preference equity shares to Adar Poonawalla-led firm

Magma Fin up 5% as shareholders approve share issue to Poonawalla-led firm
Updated On : 10 Mar 2021 | 12:14 PM IST

Flows from FPIs favour banks, financials and FMCGs in CY20, shows data

FPI flows from April last year show they have been betting on a revival in consumer demand to drive economic growth, revealed an analysis by Edelweiss Securities

Flows from FPIs favour banks, financials and FMCGs in CY20, shows data
Updated On : 10 Jan 2021 | 8:37 PM IST

Bank, finance stocks make for nearly half of FPIs' record investment in Nov

The liquidity gush saw the financial pack outperform the markets by a huge margin: The Bank Nifty index jumped 24 per cent, twice the gain made by the Nifty50 index in November

Bank, finance stocks make for nearly half of FPIs' record investment in Nov
Updated On : 07 Dec 2020 | 11:47 PM IST

Sensex, Nifty end higher as banks return to gains after early sell-off

Gains among banking stocks have helped the main Nifty index rise over 19% so far this month

Sensex, Nifty end higher as banks return to gains after early sell-off
Updated On : 13 Nov 2020 | 4:29 PM IST

Financials extend rally; IndusInd, Shriram Transport surge over 20% in 1 wk

In the past week, the S&P BSE Finance index has rallied 10 per cent, against a 5 per cent gain in S&P BSE Sensex.

Financials extend rally; IndusInd, Shriram Transport surge over 20% in 1 wk
Updated On : 06 Nov 2020 | 3:18 PM IST

Financials in focus; Shriram Transport Finance, IndusInd, ICICI Bank up 7%

Shares of ICICI Bank hit an intra-day high of Rs 421 after the lender reported a six-fold jump in the standalone net profit at Rs 4,251 crore for the quarter ended September 2020

Financials in focus; Shriram Transport Finance, IndusInd, ICICI Bank up 7%
Updated On : 02 Nov 2020 | 2:15 PM IST

Sensex, Nifty rise sharply for 2nd day on global cues, bank stocks

Bank Nifty gains 3.3%; benchmark indices have gained 4% in the past 2 sessions

Sensex, Nifty rise sharply for 2nd day on global cues, bank stocks
Updated On : 29 Sep 2020 | 12:09 AM IST

Sensex gains 595 points led by banking stocks, closes above 32,000

The rally has been underpinned by sharp gains in banking stocks. The Bank Nifty index has rallied 9.9 per cent in the past two sessions

Sensex gains 595 points led by banking stocks, closes above 32,000
Updated On : 29 May 2020 | 1:08 AM IST

Financials tumble as RBI extends moratorium; SBI, Bajaj Fin hit 52-wk low

The RBI has extended moratorium period by another three months till August 31, 2020.

Financials tumble as RBI extends moratorium; SBI, Bajaj Fin hit 52-wk low
Updated On : 22 May 2020 | 11:41 AM IST

Financial firms' clout wanes after coronavirus-triggered market fall

During the start of the year, private banks alone accounted for a fourth of the index weight

Financial firms' clout wanes after coronavirus-triggered market fall
Updated On : 20 May 2020 | 2:59 AM IST

Financials tank as fiscal package disappoints markets; Nifty Bank slips 5%

Nifty Bank, Nifty Private Bank and Nifty PSU Bank indices were down 5 per cent each as compared to 2.4 per cent decline in the Nifty 50 index.

Financials tank as fiscal package disappoints markets; Nifty Bank slips 5%
Updated On : 18 May 2020 | 11:10 AM IST