Tag: PSU Banks
How large-cap stocks can offer a buffer against heightened volatility?
Over the past month, the Indian market has been dilly-dallying around the ground of the all-time range. Nifty50 is trading within a broad range of [Read more about this post…]
Private banks now structurally ex-growth, to see continued derating, says Emkay Global; halves weight in model portfolio
The major drivers are structural. Extreme risk aversion from both corporate borrowers and lenders has depressed wholesale loan demand. Disintermediation is intensifying as corporates are [Read more about this post…]
Indian Overseas Bank share price surges over 7%; becomes fifth PSU bank to cross ₹1 lakh crore market cap
Indian Overseas Bank share price jumped nearly 8% on Friday, becoming the fifth public sector lender to cross ₹1 lakh crore market capitalisation. IOB shares [Read more about this post…]
Nifty PSU Bank advances for 5th straight day; 11 stocks including BoB, SBI, PNB end in the green
In total, the index has surged by 8% over the last five sessions. In terms of index contributors, Bank of Baroda played a significant role, [Read more about this post…]