bse bankex

Banking stocks: Fed’s hold on policy rates spurs rally in banking stocks

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Banking stocks: Fed’s hold on policy rates spurs rally in banking stocks

Mumbai: Banking stocks were among the top gainers in Thursday’s session, after the US Fed’s dovish commentary spiked a rally in the broader markets. The BSE Bankex gained 1.26% or 668.88 points. Analysts attributed the rally in banking stocks to the underperformance in the sector compared to the benchmark and strong foreign inflows. Bank stocks … Read more

Samvat 2080: Stock pickers focus on consistent winners of last 10 years

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Samvat 2080: Stock pickers focus on consistent winners of last 10 years

With the new Hindu accounting year of Samvat 2080 beginning on a strong note following upgrades in the September quarter earnings season, stock pickers are turning the lens on sectors that have won consistently in the last 10 Samvat years. Among major sectoral indices, BSE Bankex, BSE Energy and BSE FMCG are three indices that … Read more