Mid-day updates: Markets trade lower as banks, FMCG stocks drag; Airtel surges
Equity markets in the red as banking and FMCG stocks weigh on sentiment post RBI's monetary policy announcement.
SBI shares worth Rs 467 crore sold in multiple large trades; stock down 2% amid heavy volumes post Q3 results
This comes after the Reserve Bank of India's MPC cut the central bank's repo rate by 25 basis points to 6.25 percent. The ...
Indices trade near flat line; PSU bank shares decline
IST, the barometer index, the S&P BSE Sensex, shed 84.54 points or 0.11% to 77,973.62. The Nifty 50 index lost 6.55 points or 0.03% to 23,596.80.
SBI struggles with margin squeeze, but there’s solace in asset quality
Will SBI’s strong corporate loan pipeline be enough to offset narrowing margins and revive investor confidence?
Newslaundry1h
‘The virus had mutated’: How Karnataka cops are tackling the state’s cybercrime pandemic
While this might present a gloomy picture, Karnataka has been proactive in tackling cybercrimes. It was the first state in the country to launch the Cyber Crime Incident Report, which considerably ...
SBI In Red, AU Bank In Green; Here Is How Banking Shares Are Reacting To Repo Rate Cuts
The RBI announced the cut in its benchmark interest rate or repo rate, slashing the rate by 25 basis points. This has brought ...
RBI Monetary Policy: Rate-sensitive segments in focus; experts suggest 15 stocks to buy today after a 25 bps rate cut
The RBI announced a 25-basis-point rate cut to 6.25% on February 7, its first in nearly five years. While the market had ...
Share market update: Most active stocks on D-Street today in terms of volume
The NSE Nifty index was trading 15.36 points up at 23618.7 ...
Rate sensitive shares trade mixed as RBI cuts repo rate by 25 bps to 6.25%
Bank of Baroda, Axis Bank, Punjab National Bank, Canara Bank and ICICI Bank from the Nifty Bank index were trading lower ...
State-owned banks post record profit of Rs 1.29 lakh crore in April-December period
In a statement, the finance ministry said the performance of PSBs has shown significant improvement on key financial ...
Daijiworld3h
Stock market trades flat ahead of key RBI MPC rate cut decision
The NSE Nifty 50 and BSE Sensex were trading almost flat early on Friday ahead of the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting to announce its decision on India's ...