bank stocks


NSE benchmark Nifty scales fresh record high, surges 78 points

Jan 19 2018

NSE benchmark Nifty gained 77.70 points to end at a fresh record high of 10,894.70 for the third straight day with all sectors ending in green, led by Banking.

Sensex, Nifty hit fresh highs; bank stocks drive rally

Jan 18 2018

Sensex after a gap-up opening at 35,366.45, advanced further to life-time high of 35,507.36, surpassing its previous intra-day high of 35,118.61.

Wall Street set to open higher with bank earnings in focus

Jan 17 2018

Wall Street’s main indexes were poised to open higher following strong results from Bank of America and a double upgrade on IBM.

Wall Street higher as consumer and bank stocks gain

Jan 12 2018

Wall Street’s main indexes were higher as strong December retail sales data drove gains in consumer stocks and bank results pushed up the financial sector.

PSU bank stocks in limelight; shares gain up to 8.5%

Jan 04 2018

Shares of state-run banks surged up to 8.5 pc after the Parliament's nod for extra expenditure of Rs 80,000 cr towards their recapitalisation through bonds.

Sensex, Nifty come off heady heights, banking hits a wall

Dec 20 2017

The broader NSE Nifty went up to a fresh peak of 10,494.45, but lost it by closing down 19 points, or 0.18 per cent, at 10,444.20.

Boeing, bank stocks lift Dow, techs weigh on S&P, Nasdaq

Dec 12 2017

The Dow edged higher, with a 3 percent jump in shares of Boeing and rise in financial stocks, while losses in tech stocks weighed on the S&P 500 and the Nasdaq.

PSBs slide up to 8 percent after investors take profit

Oct 27 2017

PNB plunged as much as 7.95 per cent, Allahabad Bank 7.76 per cent and Bank of India 6.80 per cent on the BSE.

Markets race to record highs on govt's booster dose

Oct 25 2017

The 30-share Sensex surged 435.16 points, or 1.33 per cent -- its biggest single session gain since May 25.

Banking stocks live it up, Sensex spikes 276 points

Aug 23 2017

A late surge in banking stocks, spurred by Cabinet decision on consolidation of public banks, pulled markets higher as the Sensex closed up 276 pts.

Indian Markets


    35,798.01 286.43   (0.81 %)

    10,966.20 71.50   (0.66 %)

Global Markets


Stocks In News



Completes acquisition of 49% stake in the projects from MBL Group

Total consideration of Rs 2,300 Cr 

Projects involve 4-laning of sections of NH-72A & NH-73


Sets Rights Ratio Of 4 Fully Paid Shares For 25 Held

To issue up to 15.5 cr fully paid-up shares for up to Rs 8,000 cr

Sets Rights Issue Price At Rs 510/Fully Paid Share

To issue up to 7.8 cr partly paid-up shares for up to Rs 4,800 cr

Sets Rights Issue Price At Rs 615/Partly Paid Share


Gets 2 new orders worth Rs 205 Cr from Public Utilities Corp, Seychelles

Projects in waste water sector

Projects funded by European Investment Bank

Cos order backlog increases to Rs 2,200 cr, which is an all-time high


Gets LOA for 2 projects from Delhi Metro Rail Corp

Work includes finishing works of 8 stations of Mumbai Metro Rail Project

Cost of Contracts stands at nearly Rs 57 cr


To acquire entire equity share capital of arm Travel News Services

Deal amounts to Rs 85 cr, with additional consideration of Rs 15 cr

Post acquisition, TNSI Retail to become step-down arm of co

TNSI JV Welcome Retail Private Limited to become step-down arm

Deal likely to be completed in 12-16 weeks

Note: Travel News Services (TNSI)

Effect of acquisition

Consolidation of retail business of FRL

To help FRL expand its presence at Airports, Metro Stations, Universities

Will have access to retail brand WH Smith", license for which is held by co

Note: Future Retail (FRL)

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