IOB shares

PSU Bank stocks rally up to 20% post Budget day

by
PSU Bank stocks rally up to 20% post Budget day

A day after the Budget 2024 announcement, shares of PSU Banks rallied up to 20% in Friday’s intraday trade on BSE as a sharp drop in bond yields is set to boost their treasury portfolio. Yields on government bonds slumped after Finance Minister Nirmala Sitharaman pegged the gross and net market borrowing for FY25 at … Read more

Breakout Stocks: How GMM Pfaudler, Kalyan Jewellers, and Indian Overseas Bank are looking on charts for Monday

by
Breakout Stocks: How GMM Pfaudler, Kalyan Jewellers, and Indian Overseas Bank are looking on charts for Monday

NEW DELHI: Nifty lost nearly half a per cent to close in the red zone for the third consecutive week as FIIs chose to take some profits off the table. PSU banks, pharma and IT stocks gained while realty and banking stocks struggled. We have collated a list of three stocks that either hit a … Read more