Latest Updates Around The World
MUMBAI: Shares of PSU Bank fell over 5% on Wednesday after the finance ministry clarified that it is not considering any proposal to increase the foreign direct investment (FDI) limit in state-run lenders from 20% to 49%, Our Bureau reports. Analysts said valuations may not be cheap after the recent surge and further profit bookings […]
The domestic market struggled to hold steady on Tuesday as the Nifty fell below levels once seen as firm support. Just a day earlier, the index had hit a new all-time high around 26,330, before retreating sharply as global signals turned unfavorable. Analysts are now warning that while the overall index remains resilient, the broader […]
In a market where investors are actively seeking value, financial institutions – especially private sector banks – are struggling to keep pace. Even after several rounds of analysis and optimism earlier this year, the segment continues to underperform, prompting a deeper investigation into the cause of this difference.Speaking to ET Now, Sunil Subramaniam, Founder and […]
Even as major indices remain within range, there is selective buying across banks and financial names, which Deven Choksey, Managing Director of DRChoksey FinServ Pvt, says indicates sectoral churn heading into the second half of the year. Ltd.According to Choksey, the second half of FY26 is expected to see stronger growth across sectors, with banks […]
According to market expert Neeraj Dewan, the Indian stock market may be entering the next phase of growth as several sectors – from PSU banks and telecom to value retail and cement – show renewed strength.Speaking to ET Now, Dewan said that while the frontline indices are near their 52-week highs, the broader market could […]
India’s state-owned banks are in turmoil. The Nifty PSU Bank index rose as much as 2% on Monday, extending one-week gains to nearly 7%, as foreign investors, policy buzz and improving balance sheets fueled a rally that has gripped the public sector banking sector. The index closed lower in just one session last week, with […]
The Indian market ended lower on Friday with the Sensex and Nifty posting a second day of losses as investors booked gains amid mixed corporate earnings and cautious global cues, with a stronger US dollar and the Federal Reserve’s dovish stance on rate cuts denting sentiment, while heavyweights HDFC Bank and ICICI Bank came under […]
In an exclusive conversation with ET NowDhananjay Sinha of Systematix Group shared his perspective on the ongoing market trends, particularly focusing on PSU banks and the metals sector. With Nifty under mild pressure, the spotlight is on public sector banks, which have driven the market’s recent revival. When asked about his views on PSU banks […]
The Indian market ended lower on Tuesday as broad profit-taking dragged the Sensex and Nifty lower, offsetting strength in public sector metals and banking stocks. Consumer and IT stocks led the decline, while metal stocks rose on optimism over a possible US-China trade deal, and PSU banks advanced on reports that the government may raise […]
The Benchmark Indices of India, the Nifty and Sensex, broke an eight-day losing series, powered by profits in private banks, car and in stock. The Nifty rose 225.20 points, or 0.92%, to close to 24,836.30, while the Sesex 715.69 points or 0.89%added, which settled at 80,983.31. Indian stock markets remain closed today for Dussehra and […]
