Nifty gains for 5th staright day on bouts of value buying
Selling in pharma, metal and private bank stocks capped the gains as investors turned cautious on expectations of likely continuity in Fed rate hike and rising oil prices.
Nov 22, 2017, 18:50 PM IST
Public sector bank stocks shoot up on Sensex, Nifty on Rs 2.11 lakh crore recapitalisation
Indian banking shares soared on Wednesday, sending indexes to record highs after the cabinet approved a $32 billion plan to recapitalise its state banks over the next two years.
Oct 25, 2017, 12:29 PM IST
Bank stocks in demand, surge up to 4%
The government on Wednesday decided to set up an alternative mechanism to oversee the proposals for consolidation of public sector banks (PSBs) with a view to creating fewer but stronger lenders.
Aug 23, 2017, 20:40 PM IST
Bank stocks witness selling pressure, down up to 5%
Shares of Syndicate Bank plunged 4.97 percent, Punjab National Bank 4.69 per cent, Andhra Bank 4.03 percent, Allahabad Bank 3.88 percent, Bank of Baroda (3.64 percent), SBI (3.27 percent), Union Bank of India (2.83 percent), Bank of Maharashtra (2.63 percent) and AXIS Bank (2.34 percent) on BSE.
Jun 27, 2017, 19:59 PM IST
MFs' exposure to bank stocks at record Rs 1.26 lakh crore
Mutual fund managers continued to be bullish on bank shares, with their allocation to the sector reaching an all time-high of over Rs 1.26 lakh crore at the end of March, mainly due to cheaper valuations.
Apr 25, 2017, 16:24 PM IST
MFs' exposure to bank stocks hit record Rs 1.16 lakh crore in January
Mutual funds' allocation for bank stocks hit a record high of Rs 1.16 lakh crore in end-January, primarily on account of cheaper valuations.
Feb 26, 2017, 10:44 AM IST
Demenetisation impact: Bank stocks surge up to 12%, PNB zooms 11.9%
Bank stocks rose sharply by up to 12 percent today after the government's decision to withdraw Rs 500 and Rs 1,000 currency notes from circulation to curb black money and terror funding.
Nov 10, 2016, 18:10 PM IST
MFs cut banking stocks exposure to Rs 82,000 crore in July-end
Mutual funds' allocation for bank stocks slumped to Rs 82,000 crore at the end of July, after touching a record high in the preceding month.
Aug 19, 2016, 14:27 PM IST
MF exposure in bank stocks hits a record at Rs 94,000 cr
Mutual funds ramped up their allocation for bank stocks to a record high of nearly Rs 94,000 crore by June-end, primarily on account of steps taken by the government and RBI to clean up the banking system.
Aug 08, 2016, 14:53 PM IST
Wall Street rises late, led by energy and bank shares
Energy and bank stocks led Wall Street higher on Wednesday.
Mar 03, 2016, 04:28 AM IST
Bank stocks up on govt steps to address NPAs
Shares of banks on Friday went up by about 6 percent after the government said that it is planning to set up a high-level panel to effectively deal with the issue of mounting bad loans.
Nov 27, 2015, 17:55 PM IST
Rate cut hopes fuel rally in realty, bank stocks
Realty and banking stocks were in demand Friday, surging up to 19 percent, on renewed hopes of a cut in interest rates by the Reserve Bank.
Sep 18, 2015, 19:21 PM IST
MFs buy shares worth Rs 10,533 cr in Aug, but FPIs hit exits
Mutual fund managers continued their shopping spree in August purchasing shares worth a staggering Rs 10,533 crore even though overseas investors pulled out a record money from the stock market.
Sep 02, 2015, 16:08 PM IST
Bank stocks make significant gains; Yes Bank jumps 8%
Most bank stocks were in demand Tuesday with Yes Bank gaining 8 percent mainly on value buying, a day after recording heavy losses.
Aug 25, 2015, 19:18 PM IST
PSU bank stocks in huge demand, BoB up 15% on revamp plan
Bank stocks were in huge demand today, surging up to 15 percent, following a slew of reform measures announced in order to revive the fortunes of the public sector lenders.
Aug 17, 2015, 19:19 PM IST
Bank stocks gain up to 9% ahead of RBI policy
Bank stocks were in demand Monday, surging up to 9 percent, ahead of RBI's policy review meeting tomorrow and on hopes of an interest rate cut.
Aug 03, 2015, 20:38 PM IST
Bank stocks in limelight; surge up to 8%
Bank stocks were in limelight Friday, surging up to 8 percent, after the government announced plans to infuse fresh capital into state-run lenders.
Jul 31, 2015, 19:05 PM IST
Mutual funds exposure to bank stocks declines to Rs 78,582 cr
Mutual funds' allocation to the banking sector dropped to Rs 78,582 crore in June, after hitting an all-time high in the preceding month, amid weakness in bank stocks.
Jul 17, 2015, 18:49 PM IST
Bank stocks gain up to 4% on simplified FDI rules
Bank stocks on Thursday gained up to 4 percent following the government's move to simplify foreign investment regime that boosted investor sentiment.
Jul 16, 2015, 18:34 PM IST
Bank stocks witness selling pressure
Bank stocks on Friday witnessed a selling pressure after the Financial Stability Report said that asset quality deterioration is likely to continue for a few more quarters.
Jun 26, 2015, 19:35 PM IST
