The stock hit an intra-day high of Rs 944, bouncing back 3% from its early morning low of Rs 915 on the BSE
SBI, PNB, Bank of India, Bank of Baroda, Canara Bank and Union Bank of India were up 22% to 36% on the NSE in intra-day trade.
The insurance and reinsurance industry is the latest to join the palette of choice for equity investors in recent times
Latest move will, however, benefit capital-starved PSBs as they focus on business growth once their basic need of capital is taken care of
Both BSE Sensex and NSE advanced riding on the back of gains in banking, FMCG and oil stocks
RIL has seen the third-highest rise in market value after China and US
Gross NPAs rose for six straight quarters, and were higher by 52% year-on-year in Q2 to Rs 7,703 cr
Interview with chief executive officer, Maybank Kim Eng Securities
Changes in constituents and changes in the weights of individual stocks and sectors also give us an insight into long-term returns
Street focus to be on success of digital initiatives
RIL is the country's most valued firm followed by TCS
The 5% stake sale would fetch about Rs 800 crore to the exchequer
Trading calls from Prabhudas Lilladher
At 12:27 PM; Nifty PSU Bank index, the largest gainer among sectoral indices, was up 3.5% as compared to 0.72% rise in Nifty Bank and 0.48% gain in Nifty Private Bank index.
All that happened in the market today
The stock dipped 9% to Rs 228 after the company reported 41% YoY decline in its standalone net profit at Rs 53 crore in September quarter
Business Standard explains the concept of equity-linked saving schemes and how you can benefit from investing in these instruments
The stock surged 15% to Rs 276, also its 52-week high on the BSE
In last three months, the stock outperformed the market and gained 17% against 1.5% rise in Sensex till Monday
174 stocks from the S&P BSE Smallcap index have become multi-baggers and rallied by more than 100% since November 22, 2016