According to a report by ICICI Securities, following the reshuffle, FY22 P/E of the index will increase by 0.9 per cent to 24.3x, and FY22 ...

While there has been no change in Nifty Bank index, the weightage of HDFC Bank, ICICI Bank, Kotak Mahindra Bank and Bandhan Bank will incre...

NSE reshuffles its indices semi-annually based on multiple criteria and six-month data ending January and July. The latest rejig will have ...

Sell-0ff mode Stocks drop for 6th straight session; weak opening in European mkt a trigger

Rate hikes are coming this summer. I can’t see them hiking over 50 bps in next 12 months.

Pharma stocks too ran up losses, with DRL being among the top losers after tepid earnings.

Domestic investors chose to lighten exposure ahead of long weekend and Budget next week.

The bulls on Dalal Street have got habituated with winning.

“The phenomenon of yields going up and spoiling the party for the banks seems to be temporary”

Expect volatility in banks as competition between private and public sector banks tightens.

The local currency on Wednesday closed 18 paise up at 64.89 against dollar.

The 30-share index ended up 1.3% at 33042.5, its biggest singleday gain since May 25, after hitting a record high of 33117.33 intraday.

The level of 24,650 is more than 2% below the index's record high of 25,199 of August 2.

Analysts said the loan recovery process for these banks may stretch for years due to slow legal process and delays in resolution of bad ass...

Analysts believe PSU banks will accelerate bad loan provisioning in the next few quarters leading to suppressed profitability.