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PSU banks have staged a strong comeback, outperforming the Nifty Private Bank index with the Nifty PSU Bank Index delivering a remarkable 162 percent returns since March 2022, compared to 24 percent for private banks
The record date for the dividend is set for March 6 and eligible investors will receive a payout latest by March 28
In Q3, FIIs reduced their stake in Hindustan Unilever to 13.65 percent from the previous quarter's 13.90 percent. Their stake in ITC dropped to 43.26 percent from 43.34 percent, as per the latest shareholding pattern data from exchanges
Jio Financial Services Ltd's market capitalisation exceeded Rs 2 lakh crore for the first time, driven by a 35 percent surge in its share price this year
Top Nifty gainers included Bajaj Finserv, up 1.5 percent, followed by SBI Life and HDFC Life, advancing 1.4 percent and 1.1 percent