Mumbai, June 23 (IANS) Domestic equity benchmarks ended sharply lower on Tuesday, dragged down by heavy selling in metal, information technology and public sector banking stocks amid weak global market cues.The Sensex declined 893.39 points, or 1.16 per cent, to settle at 76,200.68, while the Nifty fell 278.80 points, or 1.16 per cent, to close at 23,824.10.Investor sentiment remained subdued as weakness in global equity markets weighed on domestic equities, prompting broad-based selling across …
Latest PSU Bank News & Updates
Mumbai, June 18 (IANS) Indian equity benchmark indices closed higher on Thursday, supported by fag-end buying and gains in PSU bank, healthcare, metal and realty stocks, even as weakness in the IT sector capped the upside.The Sensex rose 254.36 points, or 0.33 per cent, to settle at 77,409.98, while the Nifty gained 82.30 points, or 0.34 per cent, to close at 24,168.00.Commenting on Nifty technical outlook, experts said that the 24,200 level now emerges as the immediate resistance. “A sustained …
Mumbai, June 9 (IANS) Indian equities traded higher on Tuesday in the morning trade, supported by improving sentiment after signs of a pause in hostilities between Iran and Israel.Sensex rose as much as 0.7 per cent or over 500 points to hit an intraday high of 74,035.41 in early trade, while Nifty gained 0.6 per cent or more than 100 points to touch 23,259.45.On the sectoral front, Nifty MidSmall Financial Services emerged as the top gainer, rising over 1 per cent, followed by Nifty Realty, whi…
Mumbai, June 1 (IANS) Strong buying by domestic institutional investors (DIIs) helped cushion the market decline on Monday even as foreign institutional investors (FIIs) continued to remain net sellers in Indian equities.According to exchange data, FIIs/FPIs net sold shares worth Rs 3,912 crore during the session, while DIIs net purchased equities worth Rs 5,109 crore.The continued support from domestic investors came after FIIs recorded massive selling of Rs 21,106 crore on May 29, marking thei…
Mumbai, June 1 (IANS) Benchmark equity indices ended sharply lower on Monday, dragged down by losses in FMCG, PSU banking, auto and realty stocks, even as investors monitored developments surrounding a potential diplomatic breakthrough between the United States and Iran.The Nifty settled at 23,382.60, declining 165.15 points, or 0.7 per cent, while the Sensex fell 508.40 points, or 0.68 per cent, to close at 74,267.34.Commenting on Nifty technical outlook, experts said that the 23,500 level is l…
Mumbai, May 26 (IANS) Black Box Limited (BSE: 500463 | NSE: BBOX), Essar’s technology arm and a leading provider of digital infrastructure solutions, on Tuesday announced its audited financial results for the quarter and year ended March 31, 2026.The Company delivered steady progress across key financial and operational metrics during FY26, supported by improving profitability, stronger cash flows, and continued momentum in strategic deal wins. A healthier opportunity pipeline, improving busin…
Mumbai, April 30 (IANS) State-owned Union Bank of India on Thursday dismissed recent media reports regarding variations in deposits, stating that the claims are based on an unverified letter and contain factual inaccuracies.In a clarification statement, the bank said its financial statements undergo rigorous audit processes and have received unmodified audit opinions, confirming a true and fair view in line with regulatory and accounting standards.The bank said that it continues to focus on depo…
Mumbai, March 30 (IANS) Domestic benchmark indices opened sharply lower on Monday, declining over 1 per cent each amid escalating tensions in West Asia, which entered the fifth week.Sensex opened at 72,565, down over 1,000 points or 1.38 per cent, while Nifty started Monday’s session at 22,549, slipping 267 points or around 1 per cent.Sector-wise, market witnessed widespread selling pressure, with all sectoral indices trading in the red. PSU bank and chemical stocks led the losses, falling nea…
New Delhi, March 17 (IANS) IT stocks came under selling pressure on Tuesday, emerging as the top dragger among sectoral indices amid rising concerns over the impact of generative artificial intelligence on traditional revenue streams.The Nifty IT index declined as much as 2.59 per cent to 28,288, hitting an intra-day low, with all constituents of the index falling by up to around 7 per cent.Meanwhile, the Nifty traded with high volatility, while weakness was also seen in PSU Bank and FMCG indice…
Mumbai, March 6 (IANS) The Indian equity markets saw sharp losses on Friday, amid the ongoing US–Israel and Iran war which entered seventh day.At the closing bell, Sensex declined 1,097 points, or 1.37 per cent to settle at 78,918. Nifty dipped 315 points, or 1.27 per cent, to close at 24,450. Nifty bank experienced tremendous pressure tanking 2.15 per cent to settle at 57,783.The broader markets performed in line with the benchmark indices, as Nifty Midcap 100 index lost 0.63 per cent, while …