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ICICI, SBI, BoB, Axis, PNB best performers as banking stocks shine bright today

ICICI, SBI, BoB, Axis, PNB best performers as banking stocks shine bright today

Mon, Oct 29, 2018

Investors were very optimistic on Bankex, so much so, that it even earmarked over 28,000-mark and gained more than 945 points. 

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This is why the worst may not be over for stock markets in India

This is why the worst may not be over for stock markets in India

Wed, Oct 10, 2018

Banking stocks that were trashed recently could make a comeback. The index has been falling less against the Nifty recently.

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Nifty cracks below 11,000-mark; 339 stocks touch new low on the index; See how much you lose

Nifty cracks below 11,000-mark; 339 stocks touch new low on the index; See how much you lose

Mon, Sep 24, 2018

The Nifty 50 ended at 10,974.90 below a massive 168.20 points or 1.51%.

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BankNifty down by 166 points on RBI rate hike, private banks took massive beating

BankNifty down by 166 points on RBI rate hike, private banks took massive beating

Wed, Aug 01, 2018

BankNifty and S&P BSE Bankex have tumbled by more than 165 points right after RBI announced repo rate hike.

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Sensex closing: Index ends 137 points lower despite better-than-expected GDP data

Sensex closing: Index ends 137 points lower despite better-than-expected GDP data

Thu, Mar 01, 2018

Sensex closing: Banking stocks, particularly state-run lenders were among the biggest laggards on unabated nervous off-loading by participants amid growing concerns over a spate of fraud cases. Select auto stocks, however, were in some demand on the back of encouraging February sales numbers.

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PNB fraud: To catch a thief, Centre has these 12 tough steps; in brief, read all about it

PNB fraud: To catch a thief, Centre has these 12 tough steps; in brief, read all about it

Tue, Feb 27, 2018

RBI data suggests that between 2013 and 2017, a total of 17,504 cases of frauds were reported by public and private banks. Of these, about 2,084 had insider involvement.

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Sensex ends 141 points higher on global cues; sell-off in PNB caps gains

Sensex ends 141 points higher on global cues; sell-off in PNB caps gains

Thu, Feb 15, 2018

The domestic market rose on Thursday tracking gains in global peers, but Punjab National Bank slumped for a second consecutive session to its lowest in nearly four months after it unearthed fraudulent transactions of around Rs 11,000 crore.

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Sensex gains 100 points, Nifty holds above 10,500; PNB tanks 8%

Sensex gains 100 points, Nifty holds above 10,500; PNB tanks 8%

Thu, Feb 15, 2018

The domestic market opened higher on Thursday tracking positive trend in Asian markets after Wall Street brushed aside strong US inflation data and surged, a counterintuitive move that also saw the dollar pinned at two-week lows even as Treasury yields jumped in anticipation of a quicker pace of

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Sensex, Nifty trade rangebound; Nifty PSU Bank top loser

Sensex, Nifty trade rangebound; Nifty PSU Bank top loser

Wed, Feb 14, 2018

The domestic market opened higher on Wednesday even as Asian markets were trading mixed as investor nerves were strained ahead of a US inflation report that could soothe, or inflame, fears of faster rate hikes globally.

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FAST MONEY: Markets to open higher; key buy and sell ideas for today's trade

FAST MONEY: Markets to open higher; key buy and sell ideas for today's trade

Wed, Feb 14, 2018

The domestic market is expected to open higher even as Asian markets were trading mixed on Wednesday as investor nerves were strained ahead of a US inflation report that could soothe, or inflame, fears of faster rate hikes globally.

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Recap fails to lift bank stocks, but these lenders look set to gain big

Recap fails to lift bank stocks, but these lenders look set to gain big

Thu, Jan 25, 2018

Eleven weak banks facing prompt corrective action (PCA) are to be given a total of Rs 52,311 crore to maintain their minimum capital requirement, while nine strong banks will get Rs 35,828 crore.

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Market ends at fresh high for 3rd day in a row; Nifty hits 10,900 for 1st time

Market ends at fresh high for 3rd day in a row; Nifty hits 10,900 for 1st time

Fri, Jan 19, 2018

The Nifty PSU Bank (up 2.2 per cent) was the leading sectoral gainer, followed by Nifty Bank (up 1.4 per cent) and Nifty Financial Services (up 1.1 per cent).

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Bank Nifty hits record high on FDI buzz; Will RBI play spoilsport?

Bank Nifty hits record high on FDI buzz; Will RBI play spoilsport?

Thu, Jan 18, 2018

Brokerage Edelweiss Securities noted the move would raise the probability of inclusion in MSCI and higher weights for private banks, which were near the FII threshold limit.

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Sensex rallies over 300 points, breaks three-day losing streak; IT, banks gain

Sensex rallies over 300 points, breaks three-day losing streak; IT, banks gain

Thu, Nov 16, 2017

Indian shares snapped three straight sessions of losses, aided by gains in banking and IT stocks, while refiners such as Reliance Industries Ltd surged on a drop in oil prices.

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Axis Bank's Q2 result paints a worrisome NPA picture again

Axis Bank's Q2 result paints a worrisome NPA picture again

Wed, Oct 18, 2017

Axis Bank in Q2FY18 result disappointed analysts by reporting net profit of Rs 432 crore. A Bloomberg poll of analysts projected PAT (profit after tax) of Axis Bank to be at Rs 1,320 crore this Q2.

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Sensex, Nifty open in red after North Korea's missile launch

Sensex, Nifty open in red after North Korea's missile launch

Fri, Sep 15, 2017

In pre-market opening, the 31-scrip index was trading at 32,200-mark and that of the 51- scrip index below 10,100-level. 

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Sensex, Nifty trade in red after RBI's 0.25% cut in rates; banking stocks top loser

Sensex, Nifty trade in red after RBI's 0.25% cut in rates; banking stocks top loser

Thu, Aug 03, 2017

Indian markets were trading on a negative note on Thursdays after the Reserve Bank of India (RBI) in its third bi-monthly monetary policy review of 2017-18 had lowered the key rates.

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Bank Nifty can go up to 24000 in series

Bank Nifty can go up to 24000 in series

Tue, Jun 20, 2017

Today, 12 shares are under F&O ban. Tata Motors is planning to introduce JLR IPO. JLR is company's business of luxury car. About Zee Business --------------------------

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Sensex, Nifty open in red; Bharti Airtel shares gains 2%

Sensex, Nifty open in red; Bharti Airtel shares gains 2%

Fri, Apr 07, 2017

HDFC Securities said, “Indian equity markets are likely to open on a muted note, weighed down by geopolitical concerns. Financial, FMCG, and Pharma sectors are expected to trade in negative zone whereas Realty sector is expected to trade in positive zone. Crucial support for Nifty is at 9215 level, while strong immediate resistance is at 9370.”

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Sensex, Nifty down 0.17%; Reliance shares gain 2%

Sensex, Nifty down 0.17%; Reliance shares gain 2%

Wed, Apr 05, 2017

Gaurav Dua, Head – Research of ShareKhan Limited said, “ The forthcoming RBI policy review and the result season would provide direction to markets going ahead.”

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