Page 3 - Financial Stocks

India Inc's earnings may take a hit in coming quarters as rates rise

Listed non-financial firms had saved nearly Rs 1 trn because of decline in interest rates in FY21, FY22

European stocks slip, US futures in red; markets raise ECB rate hike bets

European stocks took a dip while US futures is saw red on Wednesday. Asian stocks gathered strong ground following US-based stock dip. Market sentiment too, was volatile leading to lower indexes

Piramal Enterprises logs Rs 151 cr net profit in Q4, overcomes loss

Board recommends a dividend of Rs 33 per share, subject to shareholder's approval.

FPIs pruned exposure to banking and financial stocks in FY22: Analysis

As FPIs deploy the maximum in the banking sector, it has to bear the brunt during episodes of capital repatriation.

T+1, peak margin norms in interest of investors, says Sebi chief Tyagi

Peak margin norms, proposal to shift to a T+1 settlement cycle have been criticised by brokers, foreign portfolio investors.

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.

Indian shares rise on auto, financials boost; June CPI data awaited

Auto and financial stocks boosted Indian shares on Monday, ahead of the release of retail inflation data for June, with investors preparing for major corporate earnings due later in the week

Markets log first gain in 5 days; financial, pharma stocks take charge

After a range-bound trading through the day, the BSE Sensex ended 166.07 points or 0.32 per cent higher at 52,484.67

Sensex rebounds 359 points; financial, pharma stocks key drivers

The 30-share Sensex finished 358.83 points or 0.69 per cent higher at 52,300.47. Intra-day, the index swung between a high of 52,346.35 and a low of 51,957.92

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

Lagging behind: Brokerage firm CLSA flags 'odd' Indian financials trend

The Nifty Financial Services index is up 8.1 per cent on a year-to-date basis. In comparison, the Nifty50 index has gained 9.7 per cent

Markets extend gains to second day as banks, financial stocks rally

A recovering rupee and positive global cues also propped up the bourses, traders said

Sensex, Nifty end marginally lower; L&T and financial stocks fall

A weakening rupee and selling by foreign investors also weighed on Dalal Street, traders said

Sensex sheds 397 points today: Five key factors behind the fall

Weakness in index heavyweight Reliance Industries and banking and financial stocks was what dragged indices lower even as IT stocks, without much success, tried to cushion the fall

Magma Fin up 5% as shareholders approve share issue to Poonawalla-led firm

The shareholders have approved the company's plan to raise up to Rs 3,456 crore by issuing preference equity shares to Adar Poonawalla-led firm

Flows from FPIs favour banks, financials and FMCGs in CY20, shows data

FPI flows from April last year show they have been betting on a revival in consumer demand to drive economic growth, revealed an analysis by Edelweiss Securities

Bank, finance stocks make for nearly half of FPIs' record investment in Nov

The liquidity gush saw the financial pack outperform the markets by a huge margin: The Bank Nifty index jumped 24 per cent, twice the gain made by the Nifty50 index in November

Sensex, Nifty end higher as banks return to gains after early sell-off

Gains among banking stocks have helped the main Nifty index rise over 19% so far this month

Financials extend rally; IndusInd, Shriram Transport surge over 20% in 1 wk

In the past week, the S&P BSE Finance index has rallied 10 per cent, against a 5 per cent gain in S&P BSE Sensex.

Financials in focus; Shriram Transport Finance, IndusInd, ICICI Bank up 7%

Shares of ICICI Bank hit an intra-day high of Rs 421 after the lender reported a six-fold jump in the standalone net profit at Rs 4,251 crore for the quarter ended September 2020