Latest news with #NiftyPSUBank


Business Standard
6 days ago
- Business
- Business Standard
UCO Bank down for fifth straight session
UCO Bank is quoting at Rs 30.99, down 2.05% on the day as on 13:19 IST on the NSE. The stock tumbled 6.27% in last one year as compared to a 3.07% rally in NIFTY and a 2.7% fall in the Nifty PSU Bank index. UCO Bank is down for a fifth straight session today. The stock is quoting at Rs 30.99, down 2.05% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.41% on the day, quoting at 25163.2. The Sensex is at 82549.91, up 0.44%.UCO Bank has added around 4.27% in last one Nifty PSU Bank index of which UCO Bank is a constituent, has increased around 0.87% in last one month and is currently quoting at 7006.35, down 0.1% on the day. The volume in the stock stood at 53.06 lakh shares today, compared to the daily average of 111.67 lakh shares in last one month. The PE of the stock is 16.24 based on TTM earnings ending March 25.


Business Standard
16-07-2025
- Business
- Business Standard
Quick Wrap: Nifty PSU Bank Index gains 1.81%
Nifty PSU Bank index closed up 1.81% at 7267.2 today. The index has gained 5.00% over last one month. Among the constituents, Punjab National Bank added 2.43%, Punjab & Sind Bank gained 2.05% and Bank of Baroda rose 1.95%. The Nifty PSU Bank index has fallen 2.00% over last one year compared to the 2.43% increase in benchmark Nifty 50 index. In other indices, Nifty Media index gained 1.31% and Nifty IT index added 0.63% on the day. In broad markets, the Nifty 50 added 0.06% to close at 25212.05 while the SENSEX recorded a gain of 0.08% to close at 82634.48 today.


New Indian Express
16-07-2025
- Business
- New Indian Express
Indian markets end marginally higher after volatile session
CHENNAI: Indian equity benchmarks ended Wednesday's session with modest gains, recovering from early losses amid mixed cues from the earnings season and lingering concerns over a potential India-US trade deal. The BSE Sensex settled at 82,634.48, up 63.57 points or 0.08 percent, while the Nifty50 closed almost unchanged at 25,212.05, gaining 16.25 points or 0.06 percent. In the broader markets, the NSE Midcap 100 index ended flat with a positive bias, while the Nifty Smallcap 100 added 0.03 percent. Sectorally, Nifty PSU Bank led the gains, rising 1.81 per cent. Notable contributors included Punjab National Bank, Punjab & Sind Bank, Canara Bank, Indian Overseas Bank, Bank of Baroda, Bank of India, SBI, Indian Bank, and Union Bank of India—all gaining over 1 percent. Other major sectoral indices also ended in the green, including Nifty IT, Auto, Bank, Energy, FMCG, Realty, Oil & Gas, and Consumer Durables. However, selling pressure was seen in Nifty Financial Services, Metal, and Pharma, which closed in the red. Within the Sensex pack, 16 of the 30 constituents ended lower. Sun Pharma, Tata Steel, Tata Motors, and Bajaj Finance were among the top laggards, declining up to 1.6 per cent. On the upside, Mahindra & Mahindra, Tech Mahindra, State Bank of India, Infosys, and Adani Ports emerged as the top gainers. The India VIX, a measure of market volatility, declined 2.09 per cent to settle at 11.24, indicating subdued near-term volatility.


Business Standard
16-07-2025
- Business
- Business Standard
Punjab & Sind Bank spurts 2.46%
Punjab & Sind Bank is quoting at Rs 32.94, up 2.46% on the day as on 12:49 IST on the NSE. The stock is down 49.63% in last one year as compared to a 1.69% drop in NIFTY and a 2.19% drop in the Nifty PSU Bank index. Punjab & Sind Bank is up for a third straight session in a row. The stock is quoting at Rs 32.94, up 2.46% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.09% on the day, quoting at 25218.75. The Sensex is at 82666.87, up 0.12%. Punjab & Sind Bank has risen around 5.31% in last one month. Meanwhile, Nifty PSU Bank index of which Punjab & Sind Bank is a constituent, has risen around 4.96% in last one month and is currently quoting at 7138.35, up 1.5% on the day. The volume in the stock stood at 22.06 lakh shares today, compared to the daily average of 33.4 lakh shares in last one month. The PE of the stock is 22.49 based on TTM earnings ending March 25.


Business Standard
10-07-2025
- Business
- Business Standard
Quick Wrap: Nifty PSU Bank Index falls 0.80%
Nifty PSU Bank index closed down 0.80% at 7035.6 today. The index has slipped 2.00% over last one month. Among the constituents, Canara Bank dropped 1.38%, Bank of India fell 1.29% and Indian Bank shed 1.18%. The Nifty PSU Bank index has fallen 3.00% over last one year compared to the 4.24% increase in benchmark Nifty 50 index. In other indices, Nifty IT index has dropped 0.79% and Nifty Realty index increased 0.72% on the day. In broad markets, the Nifty 50 has declined 0.47% to close at 25355.25 while the SENSEX has slid 0.41% to close at 83190.28 today.