NIFTY PSU BANK INDEX
3 reasons why bank and financial services stocks may bounce back Nifty Financial Services has typically outperformed broader market indices, but has struggled in recent years, underperforming in four of the last five calendar years, including year-to-date 2024.
02 Jul, 2024, 06.26 PM ISTStock market update: Nifty Bank index falls 0.77% The Nifty Bank index closed 0.77 per cent down at 52168.1.
02 Jul, 2024, 04.00 PM ISTF&O Rollover: FIIs bullish on index in July series with net longs; what's in store for Nifty? Nifty futures rollovers hit 76% at June series end, exceeding the previous three-series average of 69%. The July series kicks off with a higher open interest base of Rs 36,400 crore. Roll cost for Nifty settled at 40 bps on expiry day, down from the...
28 Jun, 2024, 07.06 PM IST- ADVERTISEMENT
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27 Jun, 2024, 04.46 PM ISTF&O stocks to buy today: ICICI Bank, Biocon among top 6 trading ideas for 27 June 2024 Experts suggest buying opportunities in stocks like Indus Tower, ICICI Bank, Grasim Industries, and Kotak Mahindra Bank for short-term traders, as per recommendations on ETNow.
27 Jun, 2024, 09.42 AM ISTParty Continues: Sensex, Nifty hit new highs; RIL and Bharti Airtel lead the dance NSE's Nifty rose 147.5 points, or 0.62%, to close at 23,868.8 and hit a record of 23,889.90 during the day. BSE's Sensex rose 620.73 points, or 0.8%, to end at 78,674.25, having touched an intraday high of 78,759.40.
27 Jun, 2024, 06.29 AM ISTSector-wise fundamental analysis of Indian stocks after elections Investing in quality companies and adopting a long-term SIP approach can maximize benefits in India's growth journey towards a $10 trillion economy through essential infrastructure development.
26 Jun, 2024, 11.34 AM ISTNSE Indices launches Nifty Top 10 Equal Weight Index. Check constituents, weights NSE’s index services subsidiary NSE Indices has launched 'Nifty Top 10 Equal Weight' index, which aims to track the performance of top 10 companies selected from the Nifty 50 based on free-float market capitalisation. All stocks in the index are eq...
25 Jun, 2024, 01.50 PM ISTCan private bank stocks lead from the front now? Bank Nifty reached a new high of 51,957 due to improved operational efficiencies, implementation of the Insolvency and Bankruptcy Code, and cautious lending practices by PSU banks. This sparked a rally in share prices, shifting the spotlight from pr...
22 Jun, 2024, 01.13 PM ISTWhy investors are favouring FMCG stocks after elections One key reason behind FMCG becoming a preferred choice in today’s time was this year’s general election. It was the most expensive affair with an estimated campaign cost incurred by political parties reaching a record Rs 1.35 lakh crore. A significa...
08 Jun, 2024, 11.28 AM ISTNifty Bank index roars back to record biggest daily gain in 3 years Banking stocks stage a significant rebound, recording the largest gains in over three years, led by HDFC Bank, Bandhan Bank, and IndusInd Bank. Market confidence rises amid support for the BJP from allies and short covering.
05 Jun, 2024, 03.44 PM ISTPSU stocks feel poll result heat; Cochin Shipyard, Bharat Dynamics worst hit, fall up to 10% PSU stocks like Cochin Shipyard and Bharat Dynamics fell by 10% following the BSE PSU index's 4% drop post Lok Sabha election results. Analysts remain positive on PSUs as they see government entities having an advantage.
05 Jun, 2024, 11.52 AM ISTRailway stocks tank 20% as election trends diverge from exit polls Railway firm stocks plummeted up to 13%, as election trends diverged from exit polls. Rail Vikas Nigam dropped nearly 13%, with Ircon International down by 12%. Other firms like RailTel, IRFC, Texmaco, and IRCTC fell 6-10%. Titagarh Rail Systems and...
04 Jun, 2024, 01.04 PM ISTBSE PSU Index down 14% amid election result nervousness. PFC, REC,BHEL among top losers The S&P PSU Index plunged by 14% during the Lok Sabha election vote counting, with major PSU stocks like PFC, REC, and BHEL experiencing significant drops in early trade sessions.
04 Jun, 2024, 12.21 PM ISTPFC, REC, Adani stocks among top losers, share prices fall up to 20% Shares of companies like PFC, REC Ltd, and Adani Ports plummeted in today's market turmoil due to poor Lok Sabha election results for the Narendra Modi-led NDA government.
04 Jun, 2024, 12.08 PM ISTETMarkets Fund Manager Talk: PSU banks trading at 40-50% discount to pvt banks, can outperform: Hardick Bora of Union Mutual Fund Hardick Bora discusses the state of the PSU banks versus the private banks, Nifty 50 Index, Fair Value Spectrum, small and midcap funds, and asset allocation strategy for moderate risk profiles. Bora says: "An election outcome with continuity of the...
21 May, 2024, 09.11 AM ISTTwo multibagger stocks eyeing Nifty crown, one is Tata and another PSU Nifty has 50 stocks which are selected based on a free-float m-cap weighted method, wherein the level of the index reflects the free-float m-cap of all stocks in the barometer. HDFC Bank has the highest weightage in Nifty at 11.48%, followed by RIL,...
17 May, 2024, 06.39 PM ISTPSU banks' profit jumps over 4 times in 3 years to Rs 1.4 lakh crore in FY24 PSU banks' net profit skyrockets to Rs 1.4 lakh crore in FY24, driven by key factors like asset quality improvements, robust margins, and strong loan book growth. SBI emerges as a major contributor, showcasing a remarkable earnings turnaround.
14 May, 2024, 10.47 AM IST83% of PSU bank stocks nearing oversold region: Anand James, Geojit Financial Services Anand Janes ssays SBI and Nifty PSU Bank Index are showing recovery signs, while the VIX rise could affect post-election Nifty mofvement. Paytm is hinting at possible upside. STLTECH and MARICO broke trend channels, indicating potential price increa...
13 May, 2024, 09.46 AM ISTGovernment gains PSU muscle as stocks climb peaks The value had touched a high of 22% of total market capitalisation of listed firms in June 2009, dropping to a low of 5.1% in September 2020 before doubling since then, according to data from primeinfobase.com. Re-ratings amid large valuation discou...
10 May, 2024, 10.07 AM IST