Financial Stocks News

Markets

Rally in Indian stock markets could broaden, financials may lead

The prospects for global recovery amid progress with Covid-19 vaccines has caused investors to shift focus from defensive growth stocks to cheaper economically sensitive shares

2 min read8 Dec 2020
Markets

Sensex snaps six-day losing streak, rises 646 points as financial stocks surge

After a bumper rally triggered by corp tax cuts on 20 September, markets had turned volatile ahead of Q2 earningsThe Bankex rose 3.67%, with State Bank of India, ICICI Bank, HDFC Bank and Kotak Mahindra Bank rising 3-5%

2 min read9 Oct 2019
Market

US markets: S&P 500 falls for 5th day, Dow Jones, Nasdaq end lower

Dow Jones fell 0.81% to 25,081.65 points, S&P 500 lost 0.75% to 2,701.82 and Nasdaq dropped 0.9% to 7,136.39

2 min read15 Nov 2018
Market

Sensex, Nifty set to experience a more painful bear hug

A chilling combination of reasonspast defaults, present insecurities and uncertain future expectationshas markets spooked and it will require more than empty assurances to restore confidence

3 min read25 Sep 2018
Market

Sebi said to review DHFL, Yes Bank for trading irregularities

Sebi is looking into whether brokers and investors colluded during the sharp sell-off and subsequent recovery in financial stocks, including DHFL and Yes Bank

1 min read24 Sep 2018
Market

Sebi to probe sharp selloff in financial stocks for irregularities

Sebi is looking into whether brokers and investors colluded during the sharp selloff and subsequent recovery in financial shares

1 min read24 Sep 2018
Market

NBFCs lose over ₹ 75,000 crore in 2 sessions on liquidity fears

The selloff in NBFC stocks continued on Monday, despite the government and regulators stepping in to check the panic

2 min read24 Sep 2018
Market

Mutual funds sell financial stocks the most as markets soared in January

Mutual funds locked in gains in financial stocks the most among the top stocks in January, taking advantage of the run-up in the pack and record high levels in the overall market

1 min read19 Feb 2018
Market

Financial stocks were top picks of mutual funds in 2017

Five of the top 10 holdings of MFs were financials, ruled by private lenders HDFC Bank and ICICI Bank, according to data from Morningstar

2 min read26 Jan 2018
Market

Mutual funds churn portfolio in favour of private financials in October

Axis Bank was the most bought stock by domestic asset managers, followed by HDFC and HDFC Bank

2 min read21 Nov 2017
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