Indian Railway Finance Corporation Share Price 156.85 03:59 PM | 26 Sep 2024 -0.1(-0.06%) Suzlon Energy Share Price 81.84 03:59 PM | 26 Sep 2024 -1.12(-1.36%) Indian Renewable Energy Development Agency Share Price 224.51 03:59 PM | 26 Sep 2024 1.04(0.47%) Tata Motors Share Price 993.15 03:59 PM | 26 Sep 2024 29.55(3.07%) YES Bank … Read more
September seasonality revealed that the Nifty PSU Bank index was a laggard, ending the month with declines on seven occasions in the last 10 years. Three scrips in the 12-stock index have given a dismal performance, falling more times than the index itself. These are Bank of India (BoI), State Bank of India (SBI) and … Read more
Bank of India has raised ₹5,000 crore through the issuance of infrastructure bonds, with the state-owned lender receiving bids far in excess of the notified amount for the debt sale. On Thursday, Bank of India sold 10-year infrastructure bonds for a total of ₹5,000 crore at a rate of interest of 7.54%, the lender informed … Read more
Adani Wilmar, Bank of India, L&T Finance and HDFC Asset Management Company among a host of other companies are likely to remain in focus in the week ahead as they have corporate actions like dividend, annual general meetings, rights issue, split and bonus issue lined up. Here is a list of corporate actions lined up … Read more
With the proposed changes in criteria for stocks to be eligible for the futures and options segment, around 25 stocks are likely to be excluded from the current list, while nearly 78 are likely to find place in the segment, according to analysts’ estimates. Sebi has proposed changes for the eligibility of F&O stocks which … Read more
State-owned Bank of India on Monday said it has acquired a 6.125 per cent stake in the recently incorporated CCIL IFSC, listed in GIFT SEZ, reflecting its commitment to the growth of IFSC. The announcement was made by Bank of India’s Executive Director (International Operations) Subrat Kumar in GIFT City while speaking at an event … Read more
PSU bank stocks were the worst performers this week led by selling seen in PNB, IOB, Union Bank, Canara Bank and Bank of India. “As 83% of PSU Bank index stocks are nearing the oversold region, SBI is witnessing strong pullback and Nifty PSU Bank Index bouncing off the rising trendline support of 7003, we … Read more
In the week gone by, 46 stocks in the BSE 500 index delivered double digit returns while 83 ended on the losing side. The 500-stock index which gained 2.1% on the week-on-week basis saw smallcap Aegis Logistics holding the top spot with nearly 30% returns. It was followed by multibaggers MOIL, Cochin Shipyard and Sterling … Read more
Apr 16, 2024, 10:27:38 AM IST As the Q4 results of listed companies are underway, it’s important for investors with bank stocks in their portfolios to be aware of the NPAs (non-performing assets) of banks. According to Trendlyne data, Bank of Baroda, Punjab National Bank, RBL Bank, and Bank of India are among the banks … Read more
Mutual fund managers are increasingly being choosy while picking stocks in the mid-cap and smallcap space amid concerns over rich valuations. In January, they selectively bought pharmaceuticals, while shuffling their holdings in the banking and financial services industry (BFSI) space after shares of private lenders fell on worries about their profitability. Some of their top … Read more
