Psu Bank Index

Motilal Oswal sector of the week: Banks; check top bets, target here

Motilal Oswal said that while PSU institutions are turning more aggressive, private lenders retain an edge through superior execution and tech-driven processes

Sebi increases Bank Nifty stocks to 14 from 12, caps top stock's weight

As per the new rules, the index must include a minimum of 14 constituents, compared with the current 12, while the weight of the top constituent will be capped at 20% - down from 33% presently.

PNB shares upgraded to 'Add' at JM Financial; check outlook, target here

JM Financial upgraded the stock to 'Add' and set a target price of ₹125 per share, a potential upside of 6.2 per cent from Tuesday's closing price

SBI regains ₹8 trillion m-cap; stock up 5% in 1 week; nears 52-week high

Shares of State Bank of India (SBI) rallied 2.5 per cent to ₹874 in intra-day trade is inching towards its all-time high level of ₹912.10, touched on June 6, 2024

Bank of Baroda stock volatile after mixed Q1 show; analysts decode numbers

Bank of Baroda shares fell over 2 per cent as analysts termed the lender's Q1 earnings as a mixed bag, with muted net profit growth

Indian Overseas Bank shares rise 2% after Q1 results; profit up 76% YoY

Indian Overseas Bank shares rose sharply after the bank reported a 76 per cent jump in its net profit year-on-year

IT, PSU banks drag markets amid unclear Fed stance, Israel-Iran tensions

The Nifty IT index fell over 1 per cent, dragged by OFSS, LTIMindtree, Coforge, Tech Mahindra, Persistent and Mphasis falling up to 3.2 per cent

PSU bank stocks rally on cheap valuation, Q4 boost; will the momentum last?

Despite private banks performing strongly in 2025 so far, the last three months have seen a sharp reversal, with PSU banks taking the lead.

Bank of Maharashtra, UCO Bk, IOB: PSBs rise up to 6% on June 2; here's why

The Nifty PSU Bank index rose as much as 1.96 per cent to hit an intraday high of 7,010.45, with all its constituents trading in the green.

Refineries to banks: Here are the sectors that topped investments in FY25

In FY25, sectors like refineries, telecom services, and iron and steel led capital investments in India

PSU banks trade mixed post SC verdict on JSW Steel; should you buy the dip?

State Bank of India (SBI), Indian Overseas Bank (IOB), Uco Bank, Central Bank of India and Union Bank of India slipped between 1 per cent to 2 per cent in intraday deals on Monday

Central Bank of India shares up 5% after Q4 results; Key highlights here

The stock has fallen 28 per cent this year, compared to a 2.9 per cent advance in the benchmark Nifty50

Closing Bell: Benchmarks rebound; Trump tariff hit auto stocks, PSBs outrun

Auto stocks, on the other hand, witnessed a sell-off after US President Donald Trump announced a 25 per cent tariff on imported cars and key auto parts, effective April 3

Indian Overseas Bank share rallies 6% on robust Q3FY25 show; details here

The uptick in Indian Overseas Bank shares price came after the company posted a strong set of results in the December quarter of financial year 2025 (Q3FY25)

SBI stock trades at 4-month high; gains 14% in 2 weeks on strong outlook

SBI has demonstrated its strength in the last few quarters both on core operating performance and asset quality, while, management remains confident on growth, maintenance of margins and steady RoA.

Indian Bank soars 17% in 2 days on healthy Q2 results; nears 52-week high

Motilal Oswal Financial Services reiterated its 'BUY' rating on Indian Bank with a revised target price of Rs 650 per share.

Bank Nifty down 2%, PSB index 4%: Reasons why bank stocks are falling today

Bank stocks today: The Nifty Bank index today fell 2.1 per cent in the intraday trade, to hit a low of 50,440.6 level on the NSE (National Stock Exchange)

Why is PNB near its 8-month low after slipping 7% in 2 days? Details here

PNB shares have slipped after it announced Rs 109.16 per share as the floor price for the QIP, launched on September 23, that aims to raise Rs 7,500 crore.

Here's how to trade Nifty Financial Services, PSU Bank indices on Sept 24

The Nifty Financial Services Index has recently approached its resistance level of 25,000, which is a crucial round figure for short-term traders.

Nifty PSU Bank declines 2% amid Vodafone Idea's AGR concerns

Analysts link the index's decline to a major drop in Vi's stock price after the SC rejected telecom companies' plea to re-evaluate AGRs, while also affirming the govt's existing AGR demands.