ETFs of PSU stocks lagging in this market rally, and why
The Central Public Sector Enterprises fund, or CPSE ETF, and the Bharat 22 ETF are each down about 28% in 2020 compared with an 8.5% decline in the S&P BSE Sensex.
Stock market update: Nifty PSU Bank index down 1%; UCO Bank sheds 2%
The index was trading 1.16 per cent down at 1418.85.
FM asks PSU banks to keep bad loans under check
Sitharaman asked PSU banks to start restructuring loans of below Rs 1,500 crore by the end of...
Top sectoral losers of market crash bounce back; look, who's leading
Nifty Metal, which dropped nearly 12 per cent during the market, was among the top gainer, rising over 3 per cent; thanks to massive jumps in Jindal Steel, Nalco, SAIL and JSW Steel that added 4-9 per cent.
Sensex falls for 5th day, posts longest losing run in 6 months
Overnight gains in the US markets, a deal between KKR and Reliance Retail and India and China decision to not send more troops to the contested border supported the market but reemerging virus hotspots in Europe and rising worries over the pace of economic recovery were major drags.
Sensex extends losses on Covid-19 worries, falls 440 points
India VIX, the measure of volatility in the market, also surged 4.63 per cent to 23.21.
Stock market update: Nifty PSU Bank index fall nearly 2%; Bank of India loses 3%
The index was trading 1.61 per cent down at 1497.15.
Why bank stocks bled? Research reveals suspicious transactions
Nifty Bank plunged 3.36 per cent dragged most by IndusInd Bank, which fell 8.55 per cent to Rs 560.80.
Stock market update: Nifty PSU Bank index falls nearly 2%; Bank of India sheds 5%
The index was trading 1.62 per cent down at 1500.7.
Stock market update: Nifty PSU Bank index zooms nearly 5%; Canara Bank surges 8%
The index was trading 4.55 per cent up at 1597.0.
LIC made Rs 13,000 cr profit in equity till August this fiscal: MD
The insurer has collected about Rs 87,300 crore of renewable premium till August this year, registering a growth of 13.5 per cent over the same period of the last fiscal, he said.
Valuation of several PSU scrips are reasonable now: Here are 8 PSU stocks worth betting on
Though there is tremendous untapped value in the PSU space, investors should not jump in to buy anything and everything. Here is a list of stocks with at least 15 buy recommendations and with at least 20% potential upside from current levels.
Sensex gains 50 points ahead of Fed outcome; Nifty nears 11,550
Broader market indices came under pressure and were trading mixed.
Stock market update: Nifty PSU Bank index rises over 1%; Bank of Maharashtra leaps 6%
The index was trading 1.19 per cent up at 1504.55.
Dalal Street Week Ahead: Time to turn defensive; action likely in IT, metals & auto stocks
What we saw over the past two weeks is a sharp mean reversion. The markets, in general, were overextended and they moved towards their nearest moving averages (MA) for support, which is a usual phenomenon. Only when they drop below the 50-period MA, will it become a matter of concern.