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NEWS
Sensex's changing composition: IT, banking take reins from manufacturing to drive rally
Thu, Apr 11, 2024     Source : Economic Times
The composition of the Sensex has undergone multiple changes over the decades with services sectors dominating manufacturing-linked ones in this period.
NEWS
Sensex, Nifty kick off 2024 on a flat note dragged by banking, auto stocks
Tue, Jan 02, 2024     Source : Economic Times
India's benchmark indices Nifty50 and Sensex closed flat in a highly volatile market on the first session of 2024 as gains from IT and energy stocks were offset by banking, auto and financial stocks.
NEWS
Sensex, Nifty log best week in over 2 months, led by energy, banking stocks
Sat, Sep 09, 2023     Source : Economic Times
Indian equity indices closed higher for the sixth straight session on Friday while rising to a six-week high, led by gains in banking, financial, energy and auto stocks, negating the weakness in global equ...
NEWS
FPIs pump in Rs.35,000 crore into aFPIs pump in Rs.35,000 crore into auto, banking stocks in April, Mayuto, banking stocks in April, May
Wed, Jun 07, 2023     Source : Business Line
Strong Q4 drives foreign investors’ interest into these sectors
NEWS
Profit-focused PSU bank can rally up to 38%, says Emkay
Wed, Mar 22, 2023     Source : Economic Times
Keeping its unwavering focus on margins intact instead of chasing credit growth, brokerage firm Emkay retained its ‘buy’ rating on Indian Bank with a target price of Rs 375, which signals an upside potenti...
NEWS
Bank stocks can slide more; stay away for now: Analysts
Fri, Mar 17, 2023     Source : Business Standard
Analysts expect the underperformance in bank stocks to continue ahead as the current fears around the banking sector globally are likely to persist for some time
MUTUAL FUNDS NEWS
Invesco Mutual Fund buys stake in these 2 PSU banking stocks. Buy, sell or hold?
Mon, Jan 23, 2023     Source : Mint
Invesco Mutual Fund has bought fresh stake in two state-owned banks — Bank of India and Union Bank of India in December 2022. As per the shareholding data of the asset management company (AMC) as on 31st D...
MUTUAL FUNDS NEWS
Canara Robeco Mutual Fund is bullish on this banking stock
Thu, Jan 19, 2023     Source : Mint
Canara Robeco Mutual Fund has added Bank of Baroda shares in its stock portfolio in December 2022.
NEWS
Sensex, Nifty close lower as oil, banking stocks decline
Fri, Jan 13, 2023     Source : Business Line
Investors preferred a cautious approach ahead of inflation and IIP data; unabated foreign fund outflows also hit the sentiment
NEWS
FPIs pruned exposure to banking and financial stocks in FY22: Analysis
Fri, Apr 15, 2022     Source : Business Standard
As FPIs deploy the maximum in the banking sector, it has to bear the brunt during episodes of capital repatriation.
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