SBICAP Securities, a group company of the State Bank of India (SBI), has appointed Bhuvaneshwari A. as its new Managing Director and Chief Executive Officer with effect from November 1. Bhuvaneshwari has a post-graduate degree in Public Administration and is a Certified Associate of the Indian Institute of Bankers and a Certified Financial Planner.She is […]
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 […]
Foreign institutional investors (FIIs) have quietly increased their stakes in most state-owned lenders in the September 2025 quarter, signaling renewed confidence in India’s public banking sector. The incremental purchases, spread across almost every major PSU bank from Bank of Baroda to State Bank of India, come as the Nifty PSU Bank index rose nearly 9% […]
The combined market valuation of seven of the top 10 most valued companies rose by Rs 1,55,710.74 crore last week during the holiday shortening, with Reliance Industries and Tata Consultancy Services emerging as the biggest gainers, amid a positive trend in domestic equities. Last week, the benchmark BSE rose 259.69 points or 0.30 percent. On […]
Indian mutual funds are showing concentration in their investment strategy, with 50% of all equity inflows in calendar year 2025 so far having been deployed in just 19 stocks such as Eternal, Swiggy, SBI and Reliance Industries. Of the total Rs 2,67,500 crore that flowed into mutual funds in calendar year 2025, the concentration is […]
The combined market valuation of seven of the top 10 most valued companies rose by Rs 2,16,544.29 crore last week, with Reliance Industries and Bharti Airtel stealing the limelight, coupled with a bullish trend in equities. Last week, the benchmark BSE rose 1,451.37 points or 1.75 percent. Out of the top 10, Reliance Industries, HDFC […]
The Indian market advanced on Friday, supported by gains in financial heavyweights amid renewed inflows of foreign portfolio investors (FPIs) over the past three sessions. Optimism ahead of the quarterly earnings season added to the bullish sentiment, although Tata Consultancy Services (TCS) limited broader gains after reporting weaker-than-expected quarterly results in September. The S&P BSE […]
The Reserve Bank of India’s latest draft guidelines on the Expected Credit Loss (ECL) framework and the revised capital standards for credit risk mark a turning point in the development of Indian banking regulation. Together they are driving the industry decisively towards global best practices in credit risk modelling, provisioning discipline and capital efficiency. Under […]
The combined market valuation of eight of the top 10 most valued companies rose by Rs 1,94,148.73 crore last week, with TCS emerging as the biggest gainer, in line with a bullish trend on Dalal Street. Last week, the benchmark BSE rose 1,293.65 points or 1.59 percent. While Reliance Industries, HDFC Bank, Bharti Airtel, Tata […]