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Top News In Psu Banks Stocks Today - Breaking & Trending Today

PSU banks: PSU banks may deliver record profit of Rs 1.5 lakh crore this year: Raamdeo Agrawal

Raamdeo Agrawal, Chairman of MOFSL, states that the most mispriced sector is PSUs, which have become profitable, including PSU banks, which incurred losses until 2021. PSUs are expected to deliver record profit of over INR 1.5-2 lakh crore, with SBI alone making approximately INR 50,000-60,000 crore. Agrawal believes that PSUs are the biggest mispriced sector, with consolidated monopolies, including oil companies, and banks having become the real blue chips. ....

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PSU banks climb up to 71% in 2022 so far; should you join the party now?

With a gain of 71 per cent, Bank of Baroda emerged as the top gainer in the Nifty PSU Bank index. Shares of the lender jumped to Rs 140.05 on September 15, 2022 from Rs 81.95 on December 31, 2021. ....

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Hotel and restaurant stocks in red; Indian Hotels, Lemon Tree stocks underperform

Hotel industry took a major hit when the outbreak began as travel came to a standstill with countries imposing curbs to prevent the spread. ....

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Markets trade flat after RBI policy; Nifty tests 15,700; Auto, Metal outperform; Tata triplets, Coal India top bulls; Bajaj twins weigh

Except for financial stocks, all other sectoral indices were in the green. ....

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Markets turn bullish ahead of RBI policy; Sensex tops 365 pts, Nifty 50 near 15,675; RIL, Titan, HDFC, Kotak Bank lift indexes

In broader markets, except for India VIX, all other indices were trading higher with outperformance seen in midcaps and small-caps. ....

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