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PSU banks big drags; temporary pullback, say experts

In the past one year, the PSU Bank index soared over 60 percent compared to 12 percent and 10 percent gains in the Nifty 50 and the Nifty Bank ....

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Nifty PSU Bank Rallies Nearly 4%; IOB, PSB, Central Bank, Uco Bank Surge Up To 19%

Nifty PSU Bank index hit a new high today, and was the top gainer among sectoral indices, up nearly 4 per cent. ....

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nifty psu bank: No Monday Blues! 10 PSU bank stocks hit 52-week highs, surge up to 14%

Nifty PSU Bank was the top-performing index on NSE in an otherwise dull session on Monday, with 11 of the index constituents at fresh 52-week highs. Over the longer term, independent market expert Sandip Sabharwal does not recommend to keep on buying PSU banks as from this quarter or next quarter onwards, we will start seeing some uptick in NPAs and a squeeze in margins which was not there for the last two quarters. ....

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Nifty PSU Bank rises in 4th straight session, Indian Overseas Bank leads stock rally

There are several reasons for surging banking index including strong credit growth, relatively lower valuations and commendable work on asset quality front. ....

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hcl tech share price: Nifty PSU Bank poised for breakout, may beat Nifty Bank: Kunal Shah

After the RBI policy announcement, the banking sector has witnessed significant selling pressure, leading to a decline in the Bank Nifty index. Fresh short positions have been observed in the F&O data, indicating a bearish sentiment among traders ....

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