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PSU INSURER NEWS
These 7 private and public banking stocks have an upside of up to 24% in one year, according to analystsAt the end of the day, both private and PSU banks are equally impacted by what goes on in the economy. If they are behaving differently in ...
IRFC shares fall 2% as OFS worth Rs 2,212 crore opens for retail investors today. Here's all you need to knowIndian Railway Finance Corporation (IRFC) shares dipped as the government initiated an Offer for Sale (OFS), aiming to divest nearly 2% sta...
NSE IPO: 7 PSU shareholders to offload 8 crore shares in mega public offerSeven government-owned entities, including State Bank of India and Bank of Baroda, will sell stakes in the National Stock Exchange through ...
NLC India drops 3% even as gov OFS draws robust institutional demand; retail window opens todayNLC India shares fell sharply on Wednesday even as the government's Offer for Sale (OFS) attracted strong demand from institutional investo...
AI threat overblown: Why Invesco’s Hiten Jain is doubling down on IT stocksInvesco Mutual Fund's Hiten Jain offers a contrarian view, identifying the tech rout as a significant buying opportunity and dismissing bro...
These 9 banking stocks have an upside potential of up to 32% in 1 year, according to analystsIt is always important to make a distinction between sentiment and real business. While sentiment can impact prices in the short term, it i...
These 6 banking stocks have an upside potential of up to 24% in 1 year, according to analystsThe news flow is mixed in the case of banking stocks. The numbers so far this quarter suggest that all is well with the sector and banks ar...
LIC shares soar 5% after first-ever 1:1 bonus issue. Here’s everything you need to knowLIC shares surged over 5% on Wednesday after the insurer announced its first-ever 1:1 bonus issue, allowing shareholders to receive one add...
These 10 private and public banking stocks have an upside potential of up to 30% in one year, according to analystsAs far as fundamentals are concerned, most banks have continued to show improvement on critical parameters like NPAs. But if inflation rise...
From 'bhootiya bangla' to record high: PM Modi on LIC stock rallyLIC, which was struggling to cross its IPO price of Rs 949 in 2022, has now breached the Rs 1,000 mark with analysts gunning for more gains...
2 PSU insurance stocks zoom 14%. What's the good news?Shares of General Insurance Corporation of India jumped 13.9% to a fresh 52-week high of Rs 466 while those of New India Assurance Company ...
LIC IPO augurs very well for govt’s credibility: Sridhar Sivaram“We will see how the market you know reacts to it and what sort of valuation just got embedded. We are still awaited and this is a sector w...
PSU bets give LIC a Rs 20,000 crore headache as stocks slide up to 43%The biggest loss the insurer has suffered on any PSU stock is not the scam-hit PNB.
Bullish on 3 themes at the moment: Jagannadham Thunuguntla, Centrum Broking“Numerically speaking, PSU banks have become irrelevant to Nifty and Sensex.”
Best time to exit IT, betting on themes that worked in last 2-3 years: Dipan Mehta“Use this correction to buy into the bluest of blue chip companies”
Cabinet approves plan to list state-run general insurersFM Arun Jaitley had announced in last year's budget that the government would list state-owned general insurance companies to improve trans...
No room left for further upside in PSU banks: Gaurav MehtaGiven that banking stocks have seen a decent rally over the last 12-15 months, no significant room is left for further upside in these stoc...
Hike in FDI limit to add to valuations of insurance players; low penetration a worry: Hemindra HazariIt is estimated that about $3 billion could come in if the foreign partner increases their stake from 26 per cent to 49 per cent, says Haza...
Insurers increase bets on state-run banks, energy companiesIn the next few years, public sector banks are expected to clock high earnings growth, which would enhance their asset quality.
- CanBank zooms in on match for its asset management arm
Canara Bank is expected to announce the name of its asset management partner before December. MBN Rao, the bank’s CMD, said a formal announ...