Business Standard

Saturday, December 21, 2024 | 09:19 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Nifty Psu Bank

PSU bank stocks surge up to 39% in 2024; what does 2025 hold in store?

PSU bank stocks: The Nifty PSU Bank index has surged 24.08 per cent on the National Stock Exchange (NSE) thus far in CY24

PSU bank stocks surge up to 39% in 2024; what does 2025 hold in store?
Updated On : 12 Dec 2024 | 10:54 PM IST

Nifty Fin Services, PSU Bank: Check support, resistance & other key levels

The Nifty Financial Services Index has recently shown a positive breakout from its consolidation phase, with a strong close above 23,911.

Nifty Fin Services, PSU Bank: Check support, resistance & other key levels
Updated On : 22 Oct 2024 | 7:00 AM IST

Auto, Bank, Realty: Trading strategies in rate sensitive post RBI policy

The Nifty Bank, Nifty PSU Bank indices are likely to extend the pullback in the near-term; Auto index too seems favourably placed, while the Realty index remains on weak ground, shows technical charts

Auto, Bank, Realty: Trading strategies in rate sensitive post RBI policy
Updated On : 09 Oct 2024 | 11:38 AM IST

Nifty PSU Bank index rises 2% after Bank of Baroda posts steady Q2 numbers

Analysts at Elara Capital said no significant asset quality challenges and steady growth may ensure rerating for some PSU banks (after recent correction) on earnings stability.

Nifty PSU Bank index rises 2% after Bank of Baroda posts steady Q2 numbers
Updated On : 04 Oct 2024 | 1:14 PM IST

Nifty Financial Services in 'overbought' zone; PSU Bank eyeing pullback

Stock market trading strategy: The NIFTY PSU Bank Index is currently showing a downtrend in the near term, indicating a temporary pullback within its overall long-term bullish trend

Nifty Financial Services in 'overbought' zone; PSU Bank eyeing pullback
Updated On : 17 Sep 2024 | 7:01 AM IST

Nifty Fin Services, PSU Bank: Check support, resistance & other levels here

The Nifty PSU Bank Index is currently positioned in a manner where buying on dips presents the most favourable trading strategy for near-term traders.

Nifty Fin Services, PSU Bank: Check support, resistance & other levels here
Updated On : 10 Sep 2024 | 6:18 AM IST

Nifty PSU Bank index dips below 200-DMA after more than 2 years; what next?

The PSU Bank index had zoomed 200% to a high of 8,053 after breaking above its 200-DMA in July 2022. At present, most PSU Bank stocks, barring SBI, are trading below this long-term moving average.

Nifty PSU Bank index dips below 200-DMA after more than 2 years; what next?
Updated On : 09 Sep 2024 | 12:59 PM IST

Goldman Sachs downgrades SBI to 'Sell', slashes target price; share slips

The fall in SBI share price came the New York-based brokerage Goldman Sachs downgraded SBI to 'Sell' from 'Neutral'.

Goldman Sachs downgrades SBI to 'Sell', slashes target price; share slips
Updated On : 06 Sep 2024 | 2:44 PM IST

Nifty PSU Bank may outperform in near-term; buy on dips strategy advised

The best trading strategy for the Nifty PSU Banks Index would be to adopt a "buy on dips" approach.

Nifty PSU Bank may outperform in near-term; buy on dips strategy advised
Updated On : 27 Aug 2024 | 6:31 AM IST

Nifty PSU Bank, Private Bank bearish; time to accumulate? Analyst weighs

The Nifty PSU Banks Index is currently experiencing a downward trend in the near term. However, the index has recently undergone a sharp correction, bringing it very close to critical support levels a

Nifty PSU Bank, Private Bank bearish; time to accumulate? Analyst weighs
Updated On : 14 Aug 2024 | 7:03 AM IST

Nifty Fin Services in corrective phase, PSU Banks rangebound; details here

The Nifty Financial Services Index currently shows a downward trend on the charts. Key support levels are anticipated at 23,080, 22,800, and 22,550.

Nifty Fin Services in corrective phase, PSU Banks rangebound; details here
Updated On : 30 Jul 2024 | 6:28 AM IST

Nifty PSU Bank index surges 3%; PNB soars 7% on strong Q1 results

PSU Banks in focus post Q1 earnings: PNB, BoI, BoB, Uco Bank and IOB rallied over 3% each. SBI, Canara Bank, Union Bank of India, Indian Bank and Central Bank were up 2-3%.

Nifty PSU Bank index surges 3%; PNB soars 7% on strong Q1 results
Updated On : 29 Jul 2024 | 11:04 AM IST

Public sector banks on a roll: IOB, Central Bank zoom up to 9% on July 9

PSB shares: The Nifty PSU Bank index was trading as the top sectoral gainer on the NSE

Public sector banks on a roll: IOB, Central Bank zoom up to 9% on July 9
Updated On : 09 Jul 2024 | 12:12 PM IST

Should investors book profits in Nifty PSU, Pvt Bank? Insight from charts

he Nifty PSU Bank Index is currently trading at 7,178.00. The near-term trend on the charts indicates a downward movement

Should investors book profits in Nifty PSU, Pvt Bank? Insight from charts
Updated On : 03 Jul 2024 | 6:30 AM IST

Nifty PSU Bank bearish, Fin Svcs rangebound on charts; here's how to trade

The Nifty PSU Banks Index is currently showing signs of potential underperformance, making a bearish trading strategy favourable in the near term

Nifty PSU Bank bearish, Fin Svcs rangebound on charts; here's how to trade
Updated On : 11 Jun 2024 | 7:05 AM IST

Investors lose Rs 39 trn as INDIA bloc's tally jumps above street estimates

As of 13:03 PM; NDA was leading on 292 seats and the INDIA Alliance was ahead on 233 seats, while others were on top of 18 seats

Investors lose Rs 39 trn as INDIA bloc's tally jumps above street estimates
Updated On : 04 Jun 2024 | 1:41 PM IST

LS poll impact: PSU shares in free fall mode; most stocks hit lower circuit

Government-owned shares witnessed intense selling pressure as analysts feared that the relatively poor showing of the Modi-government may impact its reforms agenda.

LS poll impact: PSU shares in free fall mode; most stocks hit lower circuit
Updated On : 04 Jun 2024 | 11:54 AM IST

Indian Overseas Bank aims to open 88 new branches in FY2024-25, says CEO

Public sector Indian Overseas Bank has drawn up plans to set up 88 new branches across India this financial year, a top official has said. The city-headquartered bank under its expansion drive recently inaugurated a new branch in Nagapattinam and the 126th ATM in neighbouring Puducherry. Indian Overseas Bank Managing Director and CEO Ajay Kumar Srivastava after inaugurating the 3,240th branch of the bank at the Medical College in Nagapattinam highlighted the bank's aggressive plans, a press release said here on Friday. He stated that Indian Overseas Bank aims to open 88 new branches across India this year, with 8 branches targeted specifically in Puducherry, Cuddalore, Nagapattinam and Mayiladuthurai districts to serve the unbanked rural areas. Indian Overseas Bank is committed to introduce innovative banking products to suit customer needs. The bank's total business crossed Rs 5 lakh crore, showcasing substantial growth, the release added.

Indian Overseas Bank aims to open 88 new branches in FY2024-25, says CEO
Updated On : 24 May 2024 | 10:25 AM IST

Nifty Bank, PSU Bank signal bullish trend on charts; key levels here

The Nifty PSU Bank Index, currently at 7,264.75, exhibits a bullish trend on the charts. However, it is approaching a significant resistance range between 7,265 and 7,365

Nifty Bank, PSU Bank signal bullish trend on charts; key levels here
Updated On : 22 May 2024 | 6:38 AM IST

Shares of Union Bank, Indian Bank, and BoI jump up to 5%: here's why

On an index level, Nifty PSU Bank was the top sectoral performer of the day on NSE jumping 2 per cent at 7,207 levels in intraday trade

Shares of Union Bank, Indian Bank, and BoI jump up to 5%: here's why
Updated On : 15 May 2024 | 1:47 PM IST