Top 10 Companies MCap: Value of top 10 companies decreased by ₹ 4.48 lakh crore in a week, SBI and HDFC Bank lost the most – Market | ET Now Swadesh Top 10 Companies MCap: Last week, the total market valuation of top-10 domestic companies decreased by Rs 4.48 lakh crore. This coincided with a…
PSU Bank Stocks: Buying is being seen in the shares of public sector banks even in the market decline.… highlights Shares of public sector banks have made a strong comeback in the Indian stock market. Due to better quarterly results, improving asset quality and attractive valuations, investors’ inclination seems to be increasing towards PSU banks….
Stocks to buy: The Nifty PSU bank index jumped over 1% in intraday trade on Friday, February 20, looking set to extend its weekly gains to its second consecutive week. The index is up over 5% this week after an over 3% gain in the previous week. On a monthly scale, the Nifty PSU index…
The Nifty Bank index has witnessed a healthy uptrend in recent sessions, even as the domestic equity benchmark Nifty 50 has struggled to sustain gains. The banking index is up nearly 3% year-to-date, while the Nifty 50 has slipped about 1.5% during the same period. The Bank Nifty climbed to 61,309 in intraday trade on…
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…
In Q3FY26, banks, including small finance banks (SFBs), exhibited credit growth slightly surpassing Axis Direct’s projections, indicating a widespread lending momentum across different sectors, as stated in the brokerage’s Q3 review of the Banking, Financial Services, and Insurance (BFSI) sector. The brokerage noted that credit increased by 13% year-on-year and 5% quarter-on-quarter, with public sector…
State Bank of India (SBI), the country’s largest government bank, has become the fourth largest company in the country in terms of market cap. At market close, the market cap of SBI increased to Rs 10.9 lakh crore, which is more than the market cap of Tata Consultancy Services (TCS) of Rs 10.53 lakh crore….
SBI market cap: State Bank of India (SBI) has surged past Tata Consultancy Services (TCS) to become India’s fourth-largest listed company by market capitalisation, following a sharp rally in its stock after stronger-than-expected December-quarter earnings. At close on February 10, SBI’s market capitalization stood at around ₹10.9 lakh crore, exceeding TCS’s valuation of about ₹10.53…
Shares of State Bank of India (SBI), the country’s largest bank, have been witnessing sharp moves in the Indian stock market, breaking record highs with each passing session as demand for the PSU stock remains strong following its better-than-expected performance in the December quarter. Extending its momentum to the second straight session today, February 10,…
Photo : ET NOW SWADESH Digital State Bank of India Chairman CS Shetty told the future growth plan. exclusive After the results in the December quarter, the shares of State Bank of India (SBI) are seeing a rise of more than 7 percent. Due to this growth, the market cap of SBI has increased, after…
