The Nifty can potentially surge another 9% to hit levels of around 28,000-mark in the coming months; among sectors, auto and metal may see up to 20 per cent upside, suggest technical charts.
RBI MPC Meeting: Godrej Properties, DLF, Ajmera Realty & Infra India, Kolte-Patil Developers, Suntech Realty, Signatureglobal (India) from the real estate sector were up in the range of 3% to 7%
The short term trend of the Bank Nifty is positive as it is placed above its 5,11 and 20 day EMA
Individual investors' direct non-promoter ownership declined by 30 basis points (bps) in the March quarter, NSE data shows
IndusInd Bank's stock fell as much as 1.5 per cent ahead of its fourth quarter earnings
The short-term trend of the Bank Nifty index is positive as it is placed above its 5,11, and 20-day EMA
IndusInd Bank's stock fell as much as 3.01 per cent during the day to ₹757.8 per share
Nifty share price: Nifty has formed a bearish candle on the daily frame and has formed higher lows over the last two trading sessions
The lender's stock rose as much as 8.39 per cent during the day to ₹21.7 per share
SBI, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, IDFC First Bank, Federal Bank, and Bandhan Bank have announced a combined sale of their 20% stake in Yes Bank to Japan's SMBC
The stock has fallen 28 per cent this year, compared to a 2.9 per cent advance in the benchmark Nifty50
RBI LCR norms: The guidelines, as per analysts at CLSA, could potentially infuse liquidity worth ₹2.5 trillion in the system, which is "modest but sentimentally positive"
In the past five trading days, HDFC Bank and ICICI Bank shares have outperformed the market by surging up to 11 per cent
The long build-up is seen in the Bank Nifty futures, where we have seen a 3 per cent (Prov) rise in open interest with it rising by 2.2 per cent
In the past one month, HDFC Bank and ICICI Bank have outperformed the market by surging 10% and 9%, respectively, as against 4% rise in the Nifty 50.
Long build up is seen in the Bank Nifty futures, where we have seen 5 per cent(Prov) rise in open interest with it rising by 0.49 per cent, said Nandish Shah of HDFC Securities
Shares of Britannia and BPCL will face exclusion from the benchmark gauge as Zomato and Jio Finance will be included
Bank stocks today: HDFC Bank, AU SFB, Bajaj Finance, Bajaj Finserv, and Axis Bank shares were ruling higher in trade on Tuesday, March 25
Bank Nifty: The index was quoting higher for the eighth straight trading day, having rallied 8 per cent during the period
Long build-up is seen in the Bank Nifty futures during the series till now, where we have seen 35 per cent (Prov) rise in the open interest with it rising by 2.71 per cent