In a week marked by heightened market volatility, triggered by renewed tensions in the Middle East, investor interest in state-owned banks remained upbeat as the Nifty PSU Bank index extended its weekly winning streak to a third consecutive week, indicating Street confidence in the growth prospects of the segment. The index has finished four of…
PSU banking stocks continued to ride the bull run for the third straight session on Wednesday, February 18, even as the broader markets remained range-bound. After rising 2.11% in the previous session, the Nifty PSU Bank index advanced another 1.54% to hit a fresh record high of 9,647, taking its three-day cumulative gain to nearly…
After emerging as top performers in 2025, PSU banking stocks have continued their upward trajectory this year, with investors maintaining a constructive stance on the sector, resulting in a majority of constituents scaling fresh record highs even as the broader market remains volatile. The rally is underpinned by robust December quarter earnings, supported by an…
The government, in the Union Budget 2026, proposed a record gross market borrowing of ₹17.2 lakh crore for the next fiscal year, which came in higher than market expectations. The announcement also sent the yield on India’s 10-year G-Sec to a one-year high on 2 February. Though yields have cooled off in the subsequent sessions,…
PSU banking stocks continued to ride the bull wave for the seventh straight session on Tuesday, January 6, even as the broader markets remained range-bound. After rising 0.5% in the previous session, the Nifty PSU Bank index advanced another 1.32% to hit a fresh record high of 8,856, taking its seven-day cumulative gain to nearly…
