Nifty Psu Bank Sbi

Nifty PSU Bank index hits lowest level since July 2006; SBI at 52-week low

The PSBs have a relatively higher share of exposure in the SME segment, and thus, asset quality should remain under pressure in the near term, according to Motilal Oswal Securities.

PSBs extend fall; Bank of Baroda, PNB and Oriental Bank hit 5-year low

In the past two trading days, Nifty PSU Bank index slipped nearly 5 per cent, against 1 per cent decline in the Nifty 50 index

PSBs in focus: PNB, Bank of Baroda up over 4% on RBI's Operation Twist 2.0

In effect, higher liquidity would pull the yields down. This, in turn, would mean higher treasury profits on the bond portfolios for banks.

PSU banks extend rally, SBI nears record high; Nifty PSU Bank index up 3%

Since November 15, Nifty PSU Bank index has surged 14 per cent on hopes that the Supreme Court ruling in Essar Steel case should pave the way for a lumpy recovery for banks in Q3.

PSBs extend gain; Nifty PSU Bank index surges 10% in four days

Corporation Bank has rallied 82 per cent in four days from Rs 15.70 to Rs 28.50.

Essar Steel case verdict a big positive for banks; SBI top pick: Analysts

On Friday, the government came up with an interim framework for resolving financial stress in financial service providers (FSPs) through a structured resolution and liquidation proceedings.

PSBs gain up to 17% as SC sets aside NCLAT judgement in Essar Steel case

According to reports, while pronouncing the judgement, the Court set aside the NCLAT's judgment and said there was "no doubt that the ultimate discretion on distribution is with Committee of Creditors

PSU banks extend rally; SBI surges 15% in one week on strong Q2 results

In the past week, United Bank of India & Central Bank of India have rallied the most, up 43% and 37%, respectively, while Syndicate Bank, Andhra Bank, UCO Bank & Corporation Bank have gained up to 22%

Nifty PSU Bank index hits over 3-year low; SBI slips 15% in a week

SBI, BOB, J&K Bank, Indian Bank, Allahabad Bank, Oriental Bank of Commerce, Bank of India and Canara Bank were down more than 3% in intra-day trade.

PSU banks gain on government Rs 70,000 crore capital infusion plans

Shares of State Bank of India (SBI) hit a new high of Rs 373, up 2 per cent on the NSE in the intra-day trade.

SBI hits new high as PSU banks gain; Canara Bank, Bank of India up over 4%

Corporation Bank, United Bank of India, Uco Bank, Central Bank of India, Union Bank of India, Bank of India, Canara Bank and Indian Overseas Bank were up in the range of 6 to 8 per cent.

SBI, Bank of Baroda, PNB: Here's how you can make money in PSU bank stocks

SBI has a strong relevance of 200-weekly moving average (WMA), as it has never been decisively broken in the last one year

Nifty PSU Bank index hits 4-month high; SBI, Canara Bank up 3%

Nifty PSU Bank index, the largest sectoral gainer, was up 2.6% at 3,192 levels, trading at its highest level since September 6, 2018, on the National Stock Exchange.

PSU banks extend gains; BoB, BoI, PNB hits 3-month highs

UCO Bank, Dena Bank, Bank of Maharashtra, Indian Bank and Corporation Bank were trading higher by up to 11%.

PSU banks extend gains; Canara, PNB, Vijaya,Syndicate Bank hit 3-month high

United Bank of India, Union Bank of India, Corporation Bank, Indian Bank, OBC, BOI, BOB, Central Bank of India and SBI were up more than 1% on NSE.

Nifty PSU Bank index gains for sixth straight session; PNB, BOI up 3%

In past six trading days, Nifty PSU Bank index up 7% against 3% rise in the benchmark index.

PSBs extend gain; Union Bank, Indian Bank up over 8%

Nifty PSU Bank index was up 4% at 2,890 at 12:15 PM; surging 12% in past two trading days, as compared to 2% rise in Nifty 50 index.

PCA rejig hope: Nifty PSU Bank index up 8 %; OBC, Canara Bank rally 13%

SBI, Bank of India, Indian Bank, Union Bank, Oriental Bank of Commerce, Bank of India, Union Bank of India, Punjab National Bank, Bank of Baroda and Syndicate Bank were up in the range of 6% to 12%.

Nifty PSU Bank index gains 3% after falling 7% in past four trading days

SBI, IDBI Bank, PNB, Union Bank of India, Allahabad Bank, Oriental Bank of Commerce and Canara Bank were up in the range of 2% to 5% on the NSE.

Nifty PSU Bank index up 3%; SBI hits fresh 6-month high ahead of Q1 results

SBI rallied 3.5% to Rs 320, its highest level since January 25, 2018 ahead of its April-June quarter (Q1FY19) results on Friday, August 10, 2018.