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Psu Bank Stocks

Stock Market Crash Highlights: Sensex tanks 1190pts, Nifty slid to 23900 on F&O expiry, global woes

Stock Market Highlights: The day ended in favor of the bears, as 46 out of the 50 constituent stocks of the Nifty50 closed in the red

Stock Market Crash Highlights: Sensex tanks 1190pts, Nifty slid to 23900 on F&O expiry, global woes
Updated On : 28 Nov 2024 | 4:07 PM IST

Here's why this PSU bank share was up 3% on November 27; details inside

The up move in Indian Overseas Bank scrip came after the company announced that it has received tax refunds of Rs 1,238.31 crore from the Income Tax Department (I-T Department)

Here's why this PSU bank share was up 3% on November 27; details inside
Updated On : 27 Nov 2024 | 1:48 PM IST

Nifty PSU Bank index soars 4%; Indian Bank, BOB zoom up to 12% post Q2 nos

At 02:20 pm; the Nifty PSU Bank index was the top gainer among sectoral indices, up 4 per cent, as compared to 0.8 per cent rise in Nifty 50.

Nifty PSU Bank index soars 4%; Indian Bank, BOB zoom up to 12% post Q2 nos
Updated On : 28 Oct 2024 | 3:26 PM IST

PSBs extend fall after Goldman Sachs downgrades SBI; Canara, UBI down 3%

The Nifty PSU Bank index, the top loser among sectoral indices, was down 1.1 per cent at 6,581.40, as compared to the 0.16 per cent rise in the Nifty 50 at 11:14 AM on Monday.

PSBs extend fall after Goldman Sachs downgrades SBI; Canara, UBI down 3%
Updated On : 09 Sep 2024 | 12:14 PM IST

PSU Banks in focus: BoB, UBI among 5 stocks trading at key support levels

Shares of Bank of Baroda, Union Bank of India and Indian Bank can potentially rally up to 15% if these support levels are held; check key support and resistance levels for 5 PSU bank stocks here.

PSU Banks in focus: BoB, UBI among 5 stocks trading at key support levels
Updated On : 08 Aug 2024 | 12:22 PM IST

Nifty PSU Bank index surges 3%; PNB soars 7% on strong Q1 results

PSU Banks in focus post Q1 earnings: PNB, BoI, BoB, Uco Bank and IOB rallied over 3% each. SBI, Canara Bank, Union Bank of India, Indian Bank and Central Bank were up 2-3%.

Nifty PSU Bank index surges 3%; PNB soars 7% on strong Q1 results
Updated On : 29 Jul 2024 | 11:04 AM IST

Stocks to Watch on Budget 2024 day, July 23: Defence, Railways, Banks, Agri

Stocks to Watch today, July 23, 2024: The Narendra Modi-led Bharatiya Janata Party (BJP) is all set to present its first Budget under its third term

Stocks to Watch on Budget 2024 day, July 23: Defence, Railways, Banks, Agri
Updated On : 23 Jul 2024 | 8:10 AM IST

Banks under pressure; ICICI, IndusInd, BOB, IDFC First down up to 3%

ICICI Bank, IndusInd Bank, IDFC First Bank, Bandhan Bank and Federal Bank from the private sector and Bank of Baroda PNB and SBI from the public sector slipped in the range of 1 per cent to 3 per cent

Banks under pressure; ICICI, IndusInd, BOB, IDFC First down up to 3%
Updated On : 02 Jul 2024 | 3:08 PM IST

Bullish on PSU Banks, CPSE stocks? UCO Bank, SJVN look strong on charts

Stock market outlook on Nifty PSU Banks, Nifty CPSE stocks: Technical chart suggests up to 22 per cent upside for UCO Bank, SJVN, NHPC and Bank of Maharashtra; here's why.

Bullish on PSU Banks, CPSE stocks? UCO Bank, SJVN look strong on charts
Updated On : 29 May 2024 | 9:57 AM IST

4 reasons why Sensex surged almost 1,200 points, Nifty tested 23K on May 23

Here's why the stock market rallied on Thursday, May 23: PSU bank stocks cheered RBI's dividend move; Optimism over election outcome coupled with ease in bond yields lifted NSE Nifty to a new high.

4 reasons why Sensex surged almost 1,200 points, Nifty tested 23K on May 23
Updated On : 23 May 2024 | 3:55 PM IST

SBI hits new high, up 31% in 6 weeks; market-cap hits Rs 7 trillion-mark

Brokerages remain upbeat on the stock following strong show in Q3 earnings

SBI hits new high, up 31% in 6 weeks; market-cap hits Rs 7 trillion-mark
Updated On : 05 Mar 2024 | 10:11 PM IST

TMS Ep626: RBI MPC, shockvertising, PSU bank stocks, Jai Anusandhan

What was the key message from RBI MPC? How much shockvertising is too much? Will PSU banks continue to rule markets? What is Jai Anusandhan? All answers here

TMS Ep626: RBI MPC, shockvertising, PSU bank stocks, Jai Anusandhan
Updated On : 09 Feb 2024 | 8:00 AM IST

This bank has zoomed over 90% in 4 weeks; became 2nd most valuable PSB

With a market cap of Rs 1.43 trillion, IOB currently stands ahead of Punjab National Bank (Rs 1.38 trillion) and Bank of Baroda (Rs 1.29 trillion).

This bank has zoomed over 90% in 4 weeks; became 2nd most valuable PSB
Updated On : 08 Feb 2024 | 10:05 AM IST

SBI, BoB, PSB: Track these levels while riding the rally in PSU Banks

The Nifty PSU Bank index was the top performing sector post Interim Budget on Thursday; the index was up almost 12 per cent in the last four days.

SBI, BoB, PSB: Track these levels while riding the rally in PSU Banks
Updated On : 01 Feb 2024 | 3:25 PM IST

PSBs in focus; BOI soars 5% on QIP success, PNB's m-cap nears Rs 1 trn mark

The Nifty PSU Bank index hit a new high at 5,589, and has rallied over 10 per cent in the last one month.

PSBs in focus; BOI soars 5% on QIP success, PNB's m-cap nears Rs 1 trn mark
Updated On : 11 Dec 2023 | 2:58 PM IST

Despite JP Morgan move, analysts remain watchful of bank stocks; here's why

The rally in PSBs, analysts feel, was more a knee-jerk reaction to the development, and the actual benefits will start to accrue once the addition takes place in 2024

Despite JP Morgan move, analysts remain watchful of bank stocks; here's why
Updated On : 22 Sep 2023 | 10:39 PM IST

Card payments in India to hit Rs 27.9 trillion mark in 2023: GlobalData

To drive card payments and reduce dependence on cash, the government had abolished merchant service fees on transactions with state-owned RuPay cards from January 2020.

Card payments in India to hit Rs 27.9 trillion mark in 2023: GlobalData
Updated On : 22 Aug 2023 | 11:41 PM IST

SBI's earnings growth may taper off in the near-term, warn analysts

State Bank of India (SBI) stock outlook: Analysts at Nomura termed SBI's sharp NIM decline "disappointing" as the lender's YoY NIM expansion of 31bp significantly trailed private banks.

SBI's earnings growth may taper off in the near-term, warn analysts
Updated On : 08 Aug 2023 | 11:54 PM IST

Rate sensitive shares trade mixed after RBI keeps repo unchanged at 6.5%

The Nifty Bank, Nifty Financial, Nifty Private and Nifty PSU Bank indices were up 0.35 - 0.51 per cent, while Nifty Realty and Nifty Auto indices were down 0.10 - 41 per cent .

Rate sensitive shares trade mixed after RBI keeps repo unchanged at 6.5%
Updated On : 08 Jun 2023 | 11:30 AM IST

PSU Bank index soars 3% on BoB's strong biz update, SBI fund raising plan

In Q4, the operational performance was expected to remain positive across lenders with PSU banks seen delivering continued strong earning trajectory.

PSU Bank index soars 3% on BoB's strong biz update, SBI fund raising plan
Updated On : 11 Apr 2023 | 10:09 AM IST