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Top headlines: Dow rises 500 pts; SBI to raise up to Rs 14,000 cr

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Bank, oil stocks lead Dow higher by 500 pts, sees best day since mid-May

The S&P 500 and the Dow rebounded on Monday with financials and energy shares rising, as investors piled back into stocks that are set to benefit from a broader economic recovery.

All of the 11 S&P sectors advanced in early trading, with energy, financials, industrials and materials jumping more than 1.5% each. READ MORE.

SBI to raise up to Rs 14,000 cr via AT1 bonds to boost capital adequacy

The country's largest bank, State Bank of India, plans to raise upto Rs 14,000 crore through additional tier-I bonds (AT1

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First Published: Jun 21 2021 | 10:19 PM IST

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