BFSI and IT halt 7-day bull run; banks and financials remain market’s best turnaround bets —here’s whyMarket fall was driven by US-India trade negotiations and profit booking, with BFSI and IT stocks taking a hit. While Motilal Oswal sees po...
27 Mar, 2025, 02.28 PM IST
Fed's hold on policy rates spurs rally in banking stocksAnalysts attributed the rally in banking stocks to the underperformance in the sector compared to the benchmark and strong foreign inflows....
15 Dec, 2023, 05.37 AM IST
BSE to shift Bankex expiry day from Friday to MondayIn case the expiry day is falling on a trading holiday, then the previous trading day will be treated as the expiry day.
30 Aug, 2023, 02.08 PM IST
Foreign funds lower stake in BFSI sector as stocks underperformThe BSE Bankex gained 9.5% in the past one year compared to a 15.8% rally in the Sensex. The underperformance of banks has been on account ...
30 Apr, 2022, 09.14 AM IST
BSE Bankex climbs 900 points intraday! What's fueling the rallySanjeev Sanyal, Principal Economic Advisor to the Government of India, on Friday said the time for demand revival in the economy is arrivin...
28 Aug, 2020, 04.38 PM IST
Investor wealth surges by Rs 2 lakh crore as markets rallyThe 30-share BSE Sensex settled 995.92 points or 3.25 per cent higher at 31,605.22.
27 May, 2020, 07.16 PM IST
BSE Bankex hits record high: Good days for bank stocks finally here?The index zoomed as investors rushed to bet big on banks amid dimming bad loans woes.
04 May, 2017, 07.03 PM IST
Mapping the market: Dalal Street gives Brexit vote verdict first; banks get a highSeveral domestic stocks with exposure to the EU witnessed a relief rally as did most largecaps. Yet more stocks declined during than those ...
23 Jun, 2016, 05.24 PM IST
Sensex breaches 27,000-mark on dovish RBI commentary, Nifty50 closes above 8,250The domestic equity market lapped up the accommodative stance of the Reserve Bank of India (RBI) and hit a fresh seven-month high on Tuesda...
07 Jun, 2016, 03.38 PM IST
Rate cut gives traders reason to book profits in banksThe sectors that were likely to benefit from rate cuts were among the top losers by the end of session. The BSE Bankex plunged 405.27 point...
04 Mar, 2015, 05.48 PM IST
Private banks like ICICI, HDFC and Axis Bank have been major drivers of Sensex rallyOf the 2212 points rise in Sensex, over 20%, or 450 points, have been contributed by HDFC alone; three banks — ICICI, HDFC Bank and Axis Ba...
29 Jan, 2015, 10.36 AM IST
Rate-sensitive sectors outperform on rate cut, reform hopesBSE’s Capital Goods Index has rallied 12.5 per cent over the past month, while the BSE Bankex has surged 11.21 per cent and BSE Power Index...
04 Nov, 2014, 11.47 AM IST
Banking stocks in demand as markets scale new highsBanking stocks led by ICICI and HDFC Bank, today surged up to 7 per cent in-line with overall rally in the broader market.
09 May, 2014, 09.44 PM IST
- Bank stocks led by Axis Bank, Union Bank, ICICI Bank rally on rate cut hopes
The BSE Bankex was one of the major gainers on Tuesday, having risen by a little over a per cent.
15 Aug, 2012, 07.20 AM IST
- ICICI Bank jumps 4 pc, pushes Bankex up 2.4 pc
Shares of ICICI Bank surged nearly 4 per cent today following good first quarter numbers, helping the BSE bank index rally 2.4 per cent.
02 Aug, 2010, 05.33 PM IST
- Banking stocks gain 0.7% on expected policy action
The banking counters rebounded after an on-the-expected-line policy action by the Reserve Bank today taking the BSE Bankex nearly one per c...
27 Jul, 2010, 05.56 PM IST
- Banks under pressure as traders book profits
Financial stocks led declines Monday with the BSE Bankex tumbling more than 4 per cent as investors locked in strong gains made in last wee...
30 Mar, 2009, 10.50 AM IST