At 10:25 AM; Nifty Realty and Nifty PSU Bank index were up 1 per cent each, while, Nifty Auto, Nifty Bank and Nifty Financial Services index up in the range of 0.30 per cent to 0.60 per cent.
Data shows that bank stocks such as RBL Bank, AU Small Finance Bank, Canara Bank, The South Indian Bank and City Union Bank surged over 55 per cent since the RBI first cut repo rate in February 2025.
Stocks to Watch today, December 03: Shares of SBI, HDFC Bank, and ICICI Bank will remain in focus today as RBI has announced that they will continue to be classified as systemically important banks
Nifty PSU Bank index hit a new high at 8,665.70, in Wednesday's intra-day trade, surpassing its previous high of 8,624.80 touched on Nov 20, 2025. The index has gained 4% in the past two trading days.
Indian Bank, Bank of Maharashtra, Bank of Baroda, Central Bank of India and Canara Bank were up in the range of 2 per cent to 3 per cent in intra-day trade on Tuesday.
SBI is now the 6th Indian firm with market value of more than ₹9 trillion; the stock has rallied 10% in the last one month on the back of better-than-expected Q2 earnings.
Bank of Baroda, Canara Bank, Bank of India, Union Bank of India, Uco Bank, Punjab & Sind Bank, Bank of Maharashtra, Indian Overseas Bank and Indian Bank were up in the range of 2-5% in Monday's trade.
As per the new rules, the index must include a minimum of 14 constituents, compared with the current 12, while the weight of the top constituent will be capped at 20% - down from 33% presently.
PSU Bank stocks have outperformed in recent trading sessions amid reports of a likely hike in FII investment limit. Here are 5 stocks that look strong on technical charts.
State-run banks, SBI, Uco bank, PSB among others gained up to 2% amid reports that India may considering allowing up to 49% FDI in PSU banks, more than double the current 20% cap.
SBI Life rallied 3%, while SBI Card dropped 3% post Q2 results; the parent company SBI is scheduled to announce earnings on Nov 4. Here's a likely trading strategy in SBI group shares?
SBI hit an all-time high of ₹913.40, as the stock rallied 3% on the BSE in intra-day trade, surpassing its previous high of ₹912.10 touched on June 6, 2024.
The bonds have a tenor of 10 years, with a call option after five years and on each anniversary date thereafter. The bonds are rated AAA by domestic rating agencies
State Bank of India (SBI), Nestle India and Mahindra & Mahindra Financial Services from the index hit their respective 52-week highs and quoting close to their record high levels.
Nifty Bank index hit an intra-day high of 57,458.85 on the NSE, and was just 170-odd points shy from it's all-time high level of 57,628.40 registered on July 2, 2025.
Despite global headwinds and subdued returns in Samvat 2081, analysts expect the coming year to offer selective opportunities across banking, consumption, infrastructure, and technology themes.
Despite a nearly 5x jump in aggregate mcap since FY20, most coverage PSBs still trade at reasonable valuations of 0.8-1x forward P/B & 5-7x FY27E EPS, leaving room for further upside.
