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Page 6 - Nifty Psu Bank

Nifty PSU Bank index surges 4% amid rebound in Adani group stocks

SBI, Bank of Baroda, Punjab & Sind Bank, Union Bank of India, UCO Bank, Bank of India, Bank of Maharashtra and Indian Overseas Bank were up 4 - 7 per cent each.

Nifty PSU Bank index surges 4% amid rebound in Adani group stocks
Updated On : 03 Mar 2023 | 11:09 AM IST

Here's why Ravi Nathani is bullish on Nifty Private Bank, PSU Bank indices

According to the technical analyst, Nifty Private Bank exhibited a bullish pattern, supported by technical indicators, indicating a positive outlook for traders in the short term

Here's why Ravi Nathani is bullish on Nifty Private Bank, PSU Bank indices
Updated On : 28 Feb 2023 | 8:05 AM IST

Here's why Ravi Nathani suggests 'sell-on-rise' method for financial sector

According to the technical analyst, since Nifty Private Bank trades in a bearish trend, with moving averages, MACD, and RSI trending downwards, this, therefore, signals a negative market sentiment

Here's why Ravi Nathani suggests 'sell-on-rise' method for financial sector
Updated On : 21 Feb 2023 | 7:52 AM IST

Here's what Ravi Nathani recommends on the financial sector

According to the technical analyst, traders should adopt a strategy of purchasing near support and selling near resistance for the Nifty financial services index

Here's what Ravi Nathani recommends on the financial sector
Updated On : 07 Feb 2023 | 8:12 AM IST

Rout in Adani Group stocks triggers panic sell-off in PSU banks

A Bloomberg report said that Credit Suisse Group AG has stopped accepting bonds of Gautam Adani's group of companies as collateral for margin loans

Rout in Adani Group stocks triggers panic sell-off in PSU banks
Updated On : 01 Feb 2023 | 3:59 PM IST

Banks under pressure; Nifty Bank, PSU Bank indices crack up to 5% in 2 days

Global broking and research firm CLSA said on Thursday, that the Adani Group poses no "significant downside risk" to Indian banks.

Banks under pressure; Nifty Bank, PSU Bank indices crack up to 5% in 2 days
Updated On : 27 Jan 2023 | 10:28 AM IST

Ravi Nathani is bullish on auto shares; bearish on metals, PSU banks

According to the technical analyst, the Nifty Auto index can rally to 13,050 - 13,160 levels.

Ravi Nathani is bullish on auto shares; bearish on metals, PSU banks
Updated On : 24 Jan 2023 | 8:03 AM IST

PSBs in focus; UCO Bank, Indian Overseas, Union Bank surge over 5%

Motilal Oswal Financial Services believes that sustained and consistent performance on delivering healthy return ratios can result in further re-rating of the stocks.

PSBs in focus; UCO Bank, Indian Overseas, Union Bank surge over 5%
Updated On : 16 Jan 2023 | 11:45 AM IST

Nifty PSU Bank index rebounds 11% in 3 days: PSB, BoB climb up to 5%

At 11:35 am; Nifty PSU Bank index, the top gainer among sectoral indices, was up 2 per cent, as against 0.06 per cent decline in the Nifty50

Nifty PSU Bank index rebounds 11% in 3 days: PSB, BoB climb up to 5%
Updated On : 28 Dec 2022 | 12:13 PM IST

Nifty PSU Bank index tumbles over 5%; IOB, UCO, Central Bank tank 10%

With today's fall, the Nifty PSU Bank index has corrected 15 per cent from its 52-week high level of 4,617.40 touched on December 15

Nifty PSU Bank index tumbles over 5%; IOB, UCO, Central Bank tank 10%
Updated On : 23 Dec 2022 | 2:04 PM IST

PSB index soars 3%; these three constituents have zoomed over 50% in 1 mth

In the past one month, the Nifty PSU Bank index has rallied 17.4 per cent as against a 2.1 per cent gain in the S&P BSE Sensex

PSB index soars 3%; these three constituents have zoomed over 50% in 1 mth
Updated On : 08 Dec 2022 | 2:17 PM IST

Nifty PSU Bank index m-cap crosses Rs 10 trillion in intra-day trade

The index hit an intra-day high of 4,145.45 before ending at 4,049, up 0.05%; m-cap at close was Rs 9.9 trillion

Nifty PSU Bank index m-cap crosses Rs 10 trillion in intra-day trade
Updated On : 25 Nov 2022 | 11:26 PM IST

Nifty PSU Bank soars 26% in a month; BOI, Canara Bank, UBI rally 55%

The Nifty PSU Bank index hit a new high of 3,811.15 on Wednesday, and has zoomed 67 per cent from its 52-week low of 2,283.85, touched on June 20, 2022.

Nifty PSU Bank soars 26% in a month; BOI, Canara Bank, UBI rally 55%
Updated On : 09 Nov 2022 | 1:05 PM IST

Strong Q2 results drive earnings, target price upgrades for SBI, BoB

Analysts see up to 31 per cent and 17.6 per cent upside in SBI and BoB's stock, respectively, from a one-year perspective

Strong Q2 results drive earnings, target price upgrades for SBI, BoB
Updated On : 07 Nov 2022 | 9:57 PM IST

Q2 Impact: SBI, BoB may see another 25% upside, UCO Bank 50%, hint charts

SBI hit life-time high, while Bank of Baroda registered a new 52-week high in trades on Monday after the banks reported strong Q2 earnings over the weekend. Here's what the charts indicate ahead.

Q2 Impact: SBI, BoB may see another 25% upside, UCO Bank 50%, hint charts
Updated On : 07 Nov 2022 | 11:35 AM IST

Flying high! SBI, BoB, Canara Bank poised for up to 18% rally, charts show

The Nifty PSU Bank index hit a fresh 52-week high on Friday and has gained 15 per cent so far this month. The index can rally another 4 per cent.

Flying high! SBI, BoB, Canara Bank poised for up to 18% rally, charts show
Updated On : 28 Oct 2022 | 1:32 PM IST

Nifty PSU Bank index hits record high; Indian Bank surges 22% in one week

In the past one week, Nifty PSU Bank index has rallied 12 per cent as compared to 3 per cent rise in Nifty50

Nifty PSU Bank index hits record high; Indian Bank surges 22% in one week
Updated On : 21 Oct 2022 | 11:10 AM IST

PSU Bank leads Nifty pack, up 7.6% in the past two trading sessions

With asset quality improving, analysts see more growth

PSU Bank leads Nifty pack, up 7.6% in the past two trading sessions
Updated On : 18 Oct 2022 | 10:24 PM IST

Nifty PSU Bank index surges 2%; Canara Bank, Bank of Baroda gain over 3%

Operational performance is expected to remain positive across lenders, given steadier yields. Thus, robust recovery in earnings is expected in PSU banks, ICICI Securities said

Nifty PSU Bank index surges 2%; Canara Bank, Bank of Baroda gain over 3%
Updated On : 17 Oct 2022 | 12:01 PM IST

Despite 22% jump in 3 months, analysts see more upside in Nifty PSB index

Among individual shares, Bank of Baroda, Canara Bank, State Bank of India, Indian Bank, and Union Bank of India soared between 21 per cent and 34 per cent during the period

Despite 22% jump in 3 months, analysts see more upside in Nifty PSB index
Updated On : 26 Aug 2022 | 12:01 AM IST