PSU bank stocks steal limelight from private sector peers in 2023; will they do so in 2024?

While benchmark Nifty 50 gave high double-digit returns in 2023, the sector with the highest weightage in the index did not lead the bull run. Year-to-date, the Nifty 50 has given close to 18% returns, whereas the Nifty Bank index gave a little over 10% returns. This underperformance was largely due to the moderate rise … Read more

Lovable Lingerie’s dream run on as traders lap it up

MUMBAI: Lovable Lingerie is the third-best performing stock among companies listed this year, with it doubling in value, as traders bet it could repeat the performance of Page Industries, sellers of Jockey innerwear. It gained a third in about a week. But the small float and low delivery volumes is an alert against wagering on … Read more

Key Strategies, Book Recommendations For Effective Preparation by Experts

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

PNB becomes 3rd PSU bank to join Rs 1 lakh crore market cap club after 80% rally in six months

State-owned Punjab National Bank’s (PNB) market capitalization crossed the Rs 1 lakh crore mark for the first time after its stock rallied nearly 80% in the last six months. Meanwhile, in Friday’s trade, the stock rose over 2% to hit a 52-week high of Rs 92, backed by heavy volumes on the NSE. A total … Read more