Introduction In the ever-changing landscape of the stock market, PSU banks (Public Sector Undertaking) have once again taken center stage, continuing their winning streak for the third consecutive day. This article delves into the remarkable performance of PSU banks, with a focus on notable players like Canara Bank, Bank of Baroda (BoB), and State Bank…
Introduction Canara Bank, a prominent public sector lender, recently made headlines by successfully raising Rs 2,000 crore in capital through Tier I bonds. This move, aimed at meeting regulatory norms and supporting growth, is a significant development in the financial landscape. In contrast, the State Bank of India (SBI), the largest lender in the country,…
OVERVIEW Explore the promising landscape of the Indian energy market, backed by expert insights. Discover why Jefferies sees NTPC as the top choice, with growth potential surpassing Power Grid. Uncover the rerating possibilities based on historical examples and understand how Coal India stands to gain from the rising thermal capacity. Indian energy sector: As India’s…
The global brokerage firm, Jefferies, predicts an ongoing rerating of Public Sector Undertakings (PSU) stocks that could surpass the average if the government leans towards value maximisation for state-owned enterprises (SOEs). This shift in perspective may have significant implications for investors and the market. Let’s delve into the details of this transformative potential in our…
Introduction In the fast-paced world of finance, every day brings new twists and turns. Today’s market updates are nothing short of a rollercoaster ride. The Sensex has surged by 500 points, pushing the Nifty to 21,700. Concurrently, the bank index is soaring over 1%, while the metal sector sees a dip of 2.5%. Let’s delve…
