FD rates: These banks have raised their fixed deposit rates in December 2024; check before investment

FD rates: These banks have raised their fixed deposit rates in December 2024; check before investment

Fixed Depsit rates: In December 2024, several banks, including Federal Bank, Karnataka Bank, Equitas Small Finance Bank, RBL Bank, and Bank of Maharashtra, changed their fixed deposit interest rates. These changes have implications for the general public’s and senior citizens’ savings. One of the most widely chosen investment options is a fixed deposit, where an individual deposits … Read more

These 5 stocks witnessed a rise in prices with volumes in last 3 days – Quick Surge

These 5 stocks witnessed a rise in prices with volumes in last 3 days – Quick Surge

ETMarkets analysis shows that five BSE 500 stocks have seen consistent price, trading volume, and delivery volume increases over the past three sessions, indicating strong investor interest. Source link

PSU bank stocks ride past private sector peers in 2024, but how long will good days last?

PSU bank stocks ride past private sector peers in 2024, but how long will good days last?

MUMBAI – Private banks, which have always been the favourites of institutional investors, lost the spot to public sector banks who are touching the sky riding on retail bulls. So far in 2024, all public sector banks have given double-digit returns to investors. On the contrary, private sector banks have seen single to double-digit fall … Read more

Multibagger! IREDA shares climb 5% on signing green power co-finance deal with Indian Overseas Bank

Multibagger! IREDA shares climb 5% on signing green power co-finance deal with Indian Overseas Bank

Shares of the state-owned Indian Renewable Energy Development Agency (IREDA) climbed 5% to Rs 125.5 in Wednesday’s trade on BSE after the firm announced a partnership with Indian Overseas Bank (IOB) to co-finance renewable energy projects in India. “Indian Renewable Energy Development Agency and Indian Overseas Bank have joined hands by signing a memorandum of … Read more

Why Abhay Agarwal prefers Dixon & Amber to Voltas or Blue Star

Why Abhay Agarwal prefers Dixon & Amber to Voltas or Blue Star

Abhay Agarwal, Founder & Fund Manager, Piper Serica, says “outsourced manufacturing as a concept is here to stay and it will reward large players. While there is nothing wrong with branded players like Voltas or Blue Star, we would like to back very efficient, large and getting larger manufacturers like Dixon and Amber purely for … Read more

Canara Bank, Bank of Maharashtra plan bond sales to raise Rs 4,500 crore

Canara Bank, Bank of Maharashtra plan bond sales to raise Rs 4,500 crore

Mumbai: Canara Bank (CanBank) and Bank of Maharashtra are looking to raise up to ₹4,500 crore in bond sales amid surging demand for credit in a rapidly expanding economy. Canara Bank plans to carry out an issuance of additional tier-1 (AT-1) bonds with a base size of ₹1,000 crore and a greenshoe option of ₹2,500 … Read more

No Monday Blues! 10 PSU bank stocks hit 52-week highs, surge up to 14%

No Monday Blues! 10 PSU bank stocks hit 52-week highs, surge up to 14%

State-run Indian Overseas Bank (IOB) shares shot up nearly 14% on Monday to their 52-week high of Rs 45.15 amid a strong rally in public sector banks. Nifty PSU Bank was the top-performing index in an otherwise dull session. IOB was followed by UCO Bank, which was up nearly 7% around 10 am. It hit … Read more

Chart Check: 20% rally in a month! This public sector bank could double in next 1 year

Chart Check: 20% rally in a month! This public sector bank could double in next 1 year

Bank of Maharashtra Ltd, part of the public sector banking space, has rallied by over 20% in a month and could well double from current levels in the next 3-4 quarters, suggest experts. The PSU stock rose from Rs 33.85 on August 4, 2023, to Rs 41.10 recorded on September 6, 2023, which translates into … Read more

Ahead of Market: 10 things that will decide D-Street action on Thursday

Ahead of Market: 10 things that will decide D-Street action on Thursday

Indian equities, ahead of the crucial RBI policy outcome on Thursday, ended on a positive note. The Nifty settled at 19,633, up 62 points, while the Sensex added 149 points, settling at 65,996. Sectorally, the trend was mixed with metal and media emerging as top gainers, while realty was the laggard. Here’s how analysts interpret … Read more

Stocks to buy today: GAIL, NBCC among top 8 trading ideas for 9 August 2023

Stocks to buy today: GAIL, NBCC among top 8 trading ideas for 9 August 2023

Indian market is likely to edge higher on Wednesday tracking positive global cues. The S&P BSE Sensex fell more than 100 points while the Nifty50 closed above 19,550 levels on Tuesday. India VIX was up by 2.03% from 11.10 to 11.32 levels in the previous session. Volatility inched higher and caused some discomfort to the … Read more