The initial public offering (IPO) of Azad Engineering was fully booked on the first day of the bidding process. The issue, which closes on December 22, was subscribed 1.34 times so far. The category reserved for non-institutional investors was subscribed the most at 2.3 times, followed by retail investors at 1.67 times. There were no … Read more
Mumbai: Motilal Oswal Financial said Indian state-owned bank shares may rerate further driven by the ongoing earnings traction, aided by improved loan growth, margin stability, and controlled credit costs. The brokerage said SBI, Canara Bank and Bank of Baroda are its top picks. “Several PSBs have raised capital from the market and have a healthy … Read more
Indian headline indices hit fresh lifetime highs on Friday ending with weekly gains of 2.7% on a dovish pivot by the US Fed. The biggest gainers were IT and bank stocks. Nifty hit a new lifetime high of 21,492.30 before ending the session at 21,456.65, up 273.95 points or 1.29%. The 30-stock S&P BSE Sensex … Read more
Most technical indicators suggest a likely continuation of the current momentum. Should Nifty surpass and maintain levels above 21,600, technical analysts anticipate a short covering scenario, propelling the index towards 21,700-21,800. Analysts further highlight that stocks such as LTI Mindtree, SBI, Bank of Baroda, ICICI Bank, DLF, UltraTech, Asian Paints, Bajaj Finserv, IndusInd Bank, Infosys, … Read more
Home Education Mastering SBI Clerk Exam: Key Strategies, Book Recommendations For Effective Preparation By Experts State Bank of India is hiring eligible Indian Citizens for appointment as Junior Associate (Customer Support & Sales) in the clerical cadre in the Bank. Check Key Strategies, Book Recommendations For Effective Preparation by Experts. SBI Recruitment 2023: State Bank of … Read more
The Nifty Bank closed in the green for the third consecutive day in a row on Tuesday supported by strong global cues. The index rose nearly 600 points to close at 47,012. It hit a fresh record high of 47,230 on Tuesday. The Nifty50 index climbed 20,800 levels to hit a fresh record high. Top … Read more
The Indian market is likely to consolidate on Tuesday, tracking muted global cues. The S&P BSE Sensex rose nearly 1,400 points, while the Nifty50 rose to a fresh record high above 20,700 levels on Monday. The Nifty future closed positive with gains of over 2% at 20,804 levels on Monday. India VIX was up by … Read more
