Canara Bank News

Nifty PSU Bank tanks 6%; Bank of Maharashtra, UBI, BOI, PNB plunge up to 9%

At 09:32 AM on Monday, the Nifty PSU Bank index was the top loser among sectoral indices, down 5.4 per cent as compared to 2.8 per cent decline in the Nifty 50.

PSU banks extends rally, gain up to 4%; SBI, BoB, Indian Bank hit new highs

In the past one month, the Nifty PSU Bank index has soared 12 per cent, as compared to 2.7 per cent decline in the Nifty 50.

Nifty PSU Bank index soars 2%, hits new high; PNB, Canara, UBI shares up 3%

Thus far in the current week, the PSU Bank index has rallied 5.7 per cent, as against 0.74 per cent gain in the Nifty 50.

PSU Bank index outshines Nifty for 6th straight month; up 41% since Sep-25

Thus far in the month of February 2026, the Nifty PSU Bank index has rallied 5.5 per cent, as compared to 2 per cent rise in the benchmark Nifty 50.

Canara Bank gains 2%; why PSB outperforms PSU Bank index on Monday?

Motilal Oswal Financial Services reiterated BUY rating on Canara Bank with a revised target price of ₹175 per share.

Nifty PSU Bank index rallies nearly 4%, hits new high; what's driving PSBs?

In the past one month, the Nifty PSU Bank index has outperformed the market by surging 7 per cent, as against 0.5 per cent gain in the Nifty 50.

Nifty Bank index hits all-time high; HDFC, Axis, Canara Bank soar up to 8%

Bank stocks rally on India-US trade deal, and hopes of the government raising FDI cap in PSBs to 49 per cent, and relaxing voting rights, believe analysts.

Nifty PSU Bank index slips 8% in 2 days; Indian Bank, BOB down up to 11%

Despite the past two days decline, the Nifty PSU Bank index has outperformed the market by surging 21%, as against 1% rise in the Nifty 50 in the past five months.

Canara Bank shares extend slide after Q3 results; Antique downgrades stock

Antique said margin pressures stemming from recent deposit rate hikes and broader funding cost trends underpin Canara Bank's stock downgrade to Hold

Canara Bank Q3 results: Net profit up 25.6% on rise in non-interest income

Canara Bank's Q3FY26 profit rose 25.6% driven by non-interest income, but shares slid nearly 5% as NII growth stayed muted and margins narrowed

Are you looking to buy in market crash? Bonanza picks 3 PSU bank stocks

Drumil Vithlani, technical analyst at Bonanza is bullish on Canara Bank, Union Bank of India and Bank of India, and expects up to 27 per cent upside on these 3 PSU Bank shares from here.

Nifty PSU Bank index hits new high, rallies 21% since October on FPI buying

Since October 2025, Bank of India, Union Bank of India and Canara Bank have surged between 29 - 34 per cent. FPIs have increased stake in select PSU Banks by up to 3 per centage points.

Nifty PSU Bank index rallies 2%, hits record high; what's driving PSBs?

Union Bank of India surged 8%, while Bank of Maharashtra, Indian Bank, Indian Overseas Bank and Punjab & Sind Bank were up 4% each on the NSE in intra-day trade.

PSU Bank index soars 31% in 2025; outperforms Nifty for 5th straight year

At 11:39 AM on Wednesday; the Nifty PSU Bank index was the top gainer among sectoral indices, up 1.8 per cent at 8,581.65, as compared to 0.5 per cent rise in the Nifty 50.

Nifty, Bank Nifty outlook; Bajaj Auto, Canara Bank among top stock picks

Bank Nifty has to hold above 59,000 zones for a bounce towards 59,500 then 59,750 zones while on the downside support is seen at 58,750 then 58,500 levels

PSU banks in focus; SBI, Canara Bank gain 2% in subdued market; here's why

As of 10:45 AM, the Nifty PSU Bank index was up 1 per cent, as compared to a 0.16 per cent decline in the Nifty 50.

Auto, realty, bank stocks gain after RBI MPC cuts repo rate by 25 bps

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.

Up 76% since first RBI rate cut; analysts divided on further rally in banks

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.

PSU bank stocks rally: SBI, Bank of Baroda, Canara Bank near record high

Nifty PSU Bank index has bounced back 55 per cent from its 52-week low level of 5,530.35 touched on March 3, 2025.

5 top quant multi-factor 'Buy' ideas from Motilal Oswal for December 2025

Multi-factor investing combines multiple proven metrics to identify stocks with strong potential, filtering out short-term volatility and focusing on consistent return