Traders: Traders bearish on June, Nifty slips 216 points

Traders: Traders bearish on June, Nifty slips 216 points

Mumbai: Traders carried forward mostly bearish bets in Nifty futures to the June series on Thursday – the expiry of May equity derivative contracts – ahead of the general election results next week. Analysts said foreign fund managers have predominantly rolled over bearish positions to June, while domestic traders remained bullish though the benchmark indices … Read more

PSU bank stocks ride past private sector peers in 2024, but how long will good days last?

PSU bank stocks ride past private sector peers in 2024, but how long will good days last?

MUMBAI – Private banks, which have always been the favourites of institutional investors, lost the spot to public sector banks who are touching the sky riding on retail bulls. So far in 2024, all public sector banks have given double-digit returns to investors. On the contrary, private sector banks have seen single to double-digit fall … Read more

8 private bank stocks that are below sector PE levels can rally up to 24% – Top Bets

8 private bank stocks that are below sector PE levels can rally up to 24% – Top Bets

HDFC Life Insurance Company. Share Price 694.85 01:37 PM | 12 Dec 2023 22.36(3.32%) Hindalco Industries. Share Price 534.40 01:37 PM | 12 Dec 2023 12.00(2.29%) UltraTech Cement. Share Price 9879.75 01:37 PM | 12 Dec 2023 208.86(2.15%) Bajaj Auto. Share Price 6252.30 01:37 PM | 12 Dec 2023 113.56(1.84%) Hero MotoCorp. Share Price 3765.00 … Read more

psu bank stocks: FIIs fall in love with attractive PSU bank stocks, ditch private sector stars in Q2

psu bank stocks: FIIs fall in love with attractive PSU bank stocks, ditch private sector stars in Q2

Public sector banks, which have been outperforming their private sector peers by a wide margin over the last couple of years, continued to do so in the last quarter as well, giving handsome returns to investors. Such was the show that foreign portfolio investors (FIIs) raised their stake in 13 out of the 14 listed … Read more