Stock market closes in a mix; PFC, REC, IREDA suffer loss
At the close, Sensex was 17 points, or 0.02 per cent, higher at 73,895.54, while the Nifty 50 closed 33 points, 0.15 per cent , lower at 22,442.70.
Source: thestatesman.com
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Mid-day Mood | Sensex, Nifty trade flat; PSU Bank stocks under pressure
The top laggards on the Nifty PSU Bank index were Punjab National Bank, Canara Bank, Bank of Baroda and Union Bank, all slumping over four percent
Source: moneycontrol.com
psu bank stocks crash: PSU bank stocks fall up to 6% as new RBI guidelines spoil mood
PSU bank stocks, including Canara Bank, Punjab National Bank, and Bank of Baroda, plunged up to 6% due to RBI's draft circular proposing stricter project financing guidelines.
Source: indiatimes.com
PFC, REC, IREDA, PNB, others decline up to 13%: Why PSU stocks are falling sharply today - explained
Shares of PSU stocks dropped by up to 13% as RBI imposed stricter regulations on project loans during the construction phase, with provisions set at 5%. Power financing companies like PFC and REC witnessed sharp declines.
Source: livemint.com
Moneycontrol Selects: Top stories this evening
Our specially curated package of the most interesting articles to help you stay at the top of your game:
Source: moneycontrol.com