Market News

5 PSU bank stocks jump up to 4% after reporting March quarter biz updates. Check details

The Nifty PSU Bank Index rose 0.5% on Monday, defying a broader market decline, as several lenders reported strong March quarter business updates. Banks like Bank of Baroda and Bank of Maharashtra saw significant gains following positive growth figures in deposits and advances, indicating resilience despite rising bond yields.

IT stocks have suddenly become attractive, but...

With gains of over 5%, the Nifty IT index is the best-performing sector in April so far. However, it remains the second-worst performer after realty if you zoom out to a year-to-date view.

We asked a hedge fund manager to explain Thursday's spike in Indian stocks. Here's what he said.

On Thursday, the Nifty 50 bounced nearly 500 points from the day's low, and the Nifty Bank jumped over 1,600 points, inexplicably. The late rally on the last trading day of last week has given way to wild swings in the market this Monday.

Sensex drops 300 points, Nifty below 22,650 as Trump's threats to Iran push oil above $110/barrel

Indian stock market got off to a negative start after US President Donald Trump's increased threats towards Iran. Consequently, oil prices surged above $110 per barrel. Major companies like IndiGo, Kotak Mahindra Bank, and Reliance Industries experienced significant losses.

Here's why the Nifty Bank will be the index to watch on Monday

The Nifty Bank index made an intraday low below the 50,000 mark last Thursday, before staging a rebound of over 1,600 points from lower levels to end with gains and above the mark of 51,000.

Nifty Bank's $95-billion rout is set to deepen as RBI tightens grip on rupee trading | Business News - Hindustan Times

Nifty Bank's $95-billion rout is set to deepen as RBI tightens grip on rupee trading | Business NewsHindustan Times

ICICI Bank Share Price Highlights: ICICI Bank Stock Price History

TPG to buy NIIF Green Infra NBFC Aseem for Rs 4,000 cr

US buyout group TPG, alongside ICICI Bank and GIC of Singapore, is set to acquire Aseem Infrastructure Finance Ltd for Rs 4,000 crore. This strategic move aims to accelerate green funding and investment initiatives in India, with the existing sponsors exiting the non-bank lender.

Where are the Indian markets headed? Here's a bull case Vs bear case scenario

Brokerages remain divided on India’s market outlook amid global uncertainties. Jefferies, ICICI Prudential AMC and 3P Investment Managers are positive on India, driven by improved valuations, limited earnings downside and supportive domestic flows. They highlight attractive Nifty valuations, favourable allocation signals and recent market correction as key reasons to increase exposure, with a preference for sectors like banks and pharma and a gradual approach to adding equities. On the other hand, Nomura, Goldman Sachs and UBS remain cautious, citing rising oil prices, weak foreign flows and global risks that could weigh on growth and market returns in the near term.

Nifty Pharma index drops 3% as US tariff fears hit Sun Pharma, peers

A Bloomberg report indicated that the Trump administration is planning tariffs on pharmaceutical companies that have not entered into agreements to ensure lower drug prices in the US.

Sensex, Nifty 50, Bank Nifty jump more than 1% each: Has Indian stock market bottomed out after Thursday's crash?

The Sensex, Nifty 50, and Bank Nifty are witnessing a relief rally after Thursday's massive fall, driven by a slight decline in crude oil prices, hopes that the worst in terms of war may be over, and valuations coming to fair levels, especially in the large cap segments.

Sensex Today | Stock Market LIVE Updates: Nifty surges 330 points; Sensex up 1,000 pts; mkt at day's high

Sensex Today | Stock Market LIVE Updates: The markets is on path to recovery after the rout as the NIfty surges with gains of nearly 300 points, rising close to 23,300. The Nifty Bank index is up close to 800 points, jumping to 54,200. Tata Steel, Tech Mahindra and SBI are the top gainers.