Banks Stocks
Nifty PSU Bank soars 26% in a month; BOI, Canara Bank, UBI rally 55%
The Nifty PSU Bank index hit a new high of 3,811.15 on Wednesday, and has zoomed 67 per cent from its 52-week low of 2,283.85, touched on June 20, 2022.
 "Nifty PSU Bank soars 26% in a month; BOI, Canara Bank, UBI rally 55%")
SBI soars 5%, hits new high on strong Q2; brokerages retain 'Buy' on stock
SBI with its humongous size has reported consistently upbeat performance with this quarter seeing above par growth in earnings and return ratios, said analysts.
 "SBI soars 5%, hits new high on strong Q2; brokerages retain 'Buy' on stock")
Axis Bank slips 2% after 1.2% equity changes hands on BSE via block deal
At 09:15 AM, around 38.99 million shares representing 1.2 per cent of total equity of Axis Bank changed hands on the BSE, the exchange data shows.
 "Axis Bank slips 2% after 1.2% equity changes hands on BSE via block deal")
Banks to outshine, metals may disappoint in Q1FY23 results
As corporate profits take a beating globally, Indian investors will track earnings growth amid a difficult environment. Find out which sectors may emerge as winners and which ones might lose.
 "Banks to outshine, metals may disappoint in Q1FY23 results")
Banks, energy stocks drag Wall Street lower; Joe Biden's presser in focus
Ten of the 11 S&P sectors fell in early trading
 "Banks, energy stocks drag Wall Street lower; Joe Biden's presser in focus")
Bank of Maharashtra, IOB: Privatisation buzz sparks rally; should you buy?
The overall trend is optimistic till the Nifty PSU index defends the support of 2,000 mark on the closing basis
 "Bank of Maharashtra, IOB: Privatisation buzz sparks rally; should you buy?")
SBI has crossed its decade-old resistance; set to hit Rs 800 levels
The stock hit a lifetime high of Rs 408 apiece in intraday deals on Friday, up 15 per cent on the BSE, as against a 0.7 per cent rise in the S&P BSE Sensex
 "SBI has crossed its decade-old resistance; set to hit Rs 800 levels")
Top stocks that are likely to benefit from FM's Budget proposals
According to Phillip Capital increased allocation for capital expenditure will bode well for large banks, namely ICICI Bank, Axis Bank, HDFC Bank and State Bank of India
 "Top stocks that are likely to benefit from FM's Budget proposals")
Samvat 2077: Here are the sectors that are expected to do well
The significant feature of equity market performance in Samvat 2076 has been the sharp divergences both across and within sectors and companies.
 "Samvat 2077: Here are the sectors that are expected to do well")
Nifty Bank faces resistance at 200-DMA, focus shifts on mid-cap banks
As of now, the downside is limited in mid-cap banks with volumes staying subdued.
 "Nifty Bank faces resistance at 200-DMA, focus shifts on mid-cap banks")
Book profit in bank stocks even as moratorium period ends today: Analysts
So far, there have been varied views with regards to the percentage of loans that may seek restructuring.
 "Book profit in bank stocks even as moratorium period ends today: Analysts")
PSB stocks fall by 7% as PNB unearths fresh LoUs worth Rs 12.5 bn
The scrip of Bank of Maharashtra fell by 1.78 per cent, Bank of Baroda 1.63 per cent and Allahabad Bank 0.77 per cent
 "PSB stocks fall by 7% as PNB unearths fresh LoUs worth Rs 12.5 bn")
