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Psu Bank Index

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'Markets Could Crash 40-50% If...'

'If the NDA comes to power with 320-330 plus seats, then we could see some correction. We could possibly see a level of 19,500 to 20,000.' 'If the NDA comes to power with a majority of 400-plus, we......

Mutual funds increase exposure to banking, IT stocks amid outperformance

The performance of banking and information technology (IT) stocks has had a significant impact on the composition of diversified mutual fund (MF) portfolios. Illustration: Dominic......

PSU bank stocks surge up to 39% in 2024; what does 2025 hold in store?

According to analysts, the rally in most PSB stocks in 2024 was driven by the continuation of the government at the Centre. The year 2024 was a roller-coaster ride for Indian stock markets, marked......

Sensex tanks 1,017 pts to close at 2-week low tracking weak global trends

Falling for the fourth straight day, benchmark Sensex tanked 1,017 points to close at a two-week low on Friday due to selling in IT, oil & gas and PSU bank shares triggered by weak global trends......

Consumer goods firms likely to see an upswing after year of lull

The Budget proposals are expected to boost the fortunes of consumer goods and fast-moving consumer goods companies, which have been struggling with poor consumer demand for more than a year.......

Can Modi 3.0 Ignite Surge in PSU Stocks?

'Those betting against PSUs will likely be punished in this upswing.' Illustration: Dominic Xavier/Rediff.com   Shares of public-sector undertakings (PSUs) should be accumulated at lower......

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