Page 5 - Banking Stocks

FPIs turn net sellers in markets in Oct so far, pull out Rs 1,472 cr

A trend reversal was witnessed in the debt segment in October from the big buying in the previous two months when FPIs had invested Rs 13,363 crore in September and Rs 14,376.2 crore in August

Sensex breaches 59,000 mark; Nifty climbs 10,000 pts from 2020 Covid lows

The Bank Nifty index gained 2.22 per cent ahead of a press briefing by the finance minister

Sectoral flows hint foreign portfolio investors in defensive mood

In August, they invested the highest sum into fast-moving consumer goods (FMCG) stocks, while yanking out money from high-beta sectors such as auto and banking.

Nifty Bank at 5-month high; may lead next leg of the mkt rally, charts show

A breakout in Nifty Bank index may trigger an upside of up to 15% in bank stocks. Here are the key levels one needs to keep a tab on for frontline bank stocks

Markets end flat after scaling new peaks; TCS rises over 1%

After touching its all-time high of 56,198.13 in early trade, the 30-share BSE Sensex ended 14.77 points or 0.03 per cent lower at 55,944.21

Sensex, Nifty soar to fresh lifetime highs; power, IT stocks spurt

The Sensex and Nifty darted up to fresh all-time highs on Thursday as investors lapped up power, IT and banking stocks amid mixed global cues. A strengthening rupee, which surged 19 paise against the US dollar, further lifted sentiments, traders said. The 30-share BSE Sensex climbed 318.05 points or 0.58 per cent to close at its fresh record of 54,843.98. Intra-day, it scaled al all-time high of 54,874.10. Similarly, the broader NSE Nifty advanced 82.15 points or 0.26 per cent to its lifetime peak of 16,325.15. PowerGrid was the top gainer in the Sensex pack, rallying 6.22 per cent, followed by Tech Mahindra, HCL Tech, Titan, L&T, NTPC and ICICI Bank. On the other hand, Dr Reddy's, IndusInd Bank, Axis Bank, M&M, Reliance Industries and SBI were among the laggards, dipping up to 0.67 per cent. Market breadth was positive, with 21 Sensex stocks closing in the green, while 9 suffered losses. "Market breadth continued to be skewed in favour of the bulls amidst mixed global cues ...

Bank Nifty adjustment on Friday, several stocks likely to see churn

HDFC Bank, IndusInd Bank and AU Small Finance Bank to see highest inflows due to increase in weightage; SBI, ICICI Bank and Kotak Mahindra Bank may see highest outflows

Street signs: Traders eye 16K on Nifty50, Tatva Chintan's GMP at 60% & more

Analysts say, perform­ance of the banking stocks would remain key if the market has to climb higher

RBI circular helps large lenders gain corporate banking mkt share: Report

In mid-2020, the RBI had come up with the circular that specified which bank can open a current account for a borrower, in order to check any misuse through multiple current accounts.

Indices' losing run continues amid selling pressure; Bajaj Auto falls 1%

Banking, finance and IT counters accounted for most of the losses, while strong demand for metal stocks cushioned the fall

Sensex, Nifty trade at fresh highs amid gains in banking stocks

At the closing bell, the 30-share BSE index quoted 221.52 points or 0.42 per cent higher at 52,773.05

FPIs hike exposure to banking and financial stocks, exit in IT in May

The month saw a sharp turnaround in fortunes with overseas investors selling shares worth nearly $900 million during the first half and pumping in close to $500 million during the second

Bank Nifty index likely to see a churn worth $186 million on Friday

This is on account of a change in weighting of its components

From SBI to JSW Steel, a dozen Nifty stocks hit lifetime highs in May

IT companies dominate the list of stocks that hit lifetime highs this year, followed by banks and financial services.

Sensex gains 111 points, Nifty ends near 15,200; banking stocks gain

Mixed overseas cues and a weakening rupee capped the gains, traders said

Chart check: SBI Q4 result fuels rally in PSU banks. Should you buy?

A breakout in SBI share may result in a rally towards Rs 450 levels

Sensex, Nifty rise for 4th straight session; pharma, banking stocks gain

Over the last four sessions, the Sensex has gained 1,248.90 points or 2.58 per cent.

Early results show investors will be very selective with bank stocks

HDFC Bank disappointed, while ICICI Bank's Q4 boosted sentiment lifting many peers too

Markets gain on RBI's accommodative stance, banking stocks lead rally

Sensex gains 0.94%; Bank Nifty rises 1.5%

Archegos meltdown to intensify shadow banking regulatory scrutiny: Report

The implosion of Archegos Capital and the resulting losses for global banks is likely to intensify regulatory efforts to curtail the ballooning shadow banking sector and shed light on its risks