Bank of India, Allahabad Bank, Canara Bank, Dena Bank, Oriental Bank, Syndicate Bank, Uco Bank and Vijaya Bank have touched their respective 52-week lows on the NSE.
BSE realty index, largest gainer among the sectoral indices, surged 17% in the past month
In past three four trading sessions, the stock has declined 16% after the company issued a profit warning for the Sep'15 quarter.
Post the US Fed meet outcome, analysts say, it is the fundamentals of companies that will drive stock performance. The ones on a stable footing will rise faster
Jubilant Life, Dishman Pharma, Suven Life, Natco Pharma, JB Chem, Marksans Pharma and Unichem down 4%-10%.
The list includes NMDC, Jaiprakash Associates, Unitech, Punj Lloyd, Suzlon Energy and HDIL among others
Castex Technologies, Metalyst Forgings and JMT Auto have locked in lower circuit of 5% with no buyers seen on the counters.
Pump in Rs 10k in August, extend 2015 buying tally to Rs 47k crore
August also saw equity markets suffer their worst single-day fall in almost seven years with the S&P BSE Sensex sliding 1,624 points in a single day
The CNX PSU Bank index rallied 6.19% or 216 points to close at 3,699 compared to a 0.48% decline in the CNX Nifty today.
Outperformed the benchmark in the past month; analysts recommend caution in buying these, given the run-up
Have done so in the majority of PSBs for a couple of quarters due to concern at asset quality, among other issues, say observers
Domestic MFs' monthly net inflow into equities crosses Rs 10,000 crore in June
Since Jan, scrips have rallied 25-43%, with encouragement from reforms in sector since mid-2013 and optimism on earnings prospects
19 companies including Cafe Coffee Day, Matrix Cellular and RBL Bank have filed draft red herring prospectus with Sebi thus far in 2015
RIL, HDFC, ICICI Bank and HDFC Bank have contributed 573 points or 53% of the total 1,083 points Sensex gain.
32 have gained more than 50%
However by the end of the day most of the banking stocks closed higher
With a total market-cap of Rs 2,55,831 cr, Sunil Bharti Mittal-promoted Bharti Group is behind Reliance, the number three with Rs 3,03,739 cr in m-cap