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MFs cut banking stocks exposure to Rs 82,000 crore in July-end

MFs cut banking stocks exposure to Rs 82,000 crore in July-end

Mutual funds' allocation for bank stocks slumped to Rs 82,000 crore at the end of July, after touching a record high in the preceding month.

MF exposure in bank stocks hits a record at Rs 94,000 cr

MF exposure in bank stocks hits a record at Rs 94,000 cr

Mutual funds ramped up their allocation for bank stocks to a record high of nearly Rs 94,000 crore by June-end, primarily on account of steps taken by the government and RBI to clean up the banking system.

Wall Street rises late, led by energy and bank shares

 Energy and bank stocks led Wall Street higher on Wednesday.

Bank stocks up on govt steps to address NPAs

Bank stocks up on govt steps to address NPAs

Shares of banks on Friday went up by about 6 percent after the government said that it is planning to set up a high-level panel to effectively deal with the issue of mounting bad loans.

Rate cut hopes fuel rally in realty, bank stocks

Realty and banking stocks were in demand Friday, surging up to 19 percent, on renewed hopes of a cut in interest rates by the Reserve Bank.

MFs buy shares worth Rs 10,533 cr in Aug, but FPIs hit exits

MFs buy shares worth Rs 10,533 cr in Aug, but FPIs hit exits

Mutual fund managers continued their shopping spree in August purchasing shares worth a staggering Rs 10,533 crore even though overseas investors pulled out a record money from the stock market.

Bank stocks make significant gains; Yes Bank jumps 8%

Most bank stocks were in demand Tuesday with Yes Bank gaining 8 percent mainly on value buying, a day after recording heavy losses.

PSU bank stocks in huge demand, BoB up 15% on revamp plan

Bank stocks were in huge demand today, surging up to 15 percent, following a slew of reform measures announced in order to revive the fortunes of the public sector lenders.

Bank stocks gain up to 9% ahead of RBI policy

Bank stocks were in demand Monday, surging up to 9 percent, ahead of RBI's policy review meeting tomorrow and on hopes of an interest rate cut.

Bank stocks in limelight; surge up to 8%

Bank stocks were in limelight Friday, surging up to 8 percent, after the government announced plans to infuse fresh capital into state-run lenders.

Mutual funds exposure to bank stocks declines to Rs 78,582 cr

Mutual funds' allocation to the banking sector dropped to Rs 78,582 crore in June, after hitting an all-time high in the preceding month, amid weakness in bank stocks.

Bank stocks gain up to 4% on simplified FDI rules

Bank stocks on Thursday gained up to 4 percent following the government's move to simplify foreign investment regime that boosted investor sentiment.

Bank stocks witness selling pressure

Bank stocks on Friday witnessed a selling pressure after the Financial Stability Report said that asset quality deterioration is likely to continue for a few more quarters.

MF exposure to bank stocks climbs to Rs 79,000 crore

Mutual Fund managers have been on a shopping spree for banking stock, raising their allocation to the sector to over Rs 79,000 crore in May in anticipation of a rate cut by the Reserve Bank.

Sensex rises to near one-month high; bank stocks surge

The Sensex has now garnered over 927.72 points in five sessions and is at nearly one-month high. The previous high was on March 12 when it ended at 28,930.41.

MF exposure to bank stocks drops to Rs 73,000 crore in March

Mutual fund (MF) managers dropped their exposure in bank stocks to over Rs 73,000 crore in March after raising it for six consecutive months.

MF exposure to bank stocks hits a high of Rs 78,000 crore in Feb

Continuing their bullish stance on banking stocks, mutual fund managers raised exposure to the sector to a historic high of nearly Rs 78,000 crore in February.

Bank, realty stocks down as RBI keeps rate unchanged

Interest-rate sensitive bank and realty stocks on Tuesday witnessed selling pressure after the Reserve Bank left interest rate unchanged.

Sensex up 140 points on fund inflows; wipro, bank stocks gain

The NSE Nifty index rose 36.90 points, or 0.43 percent, to end at 8,550.70 after moving between 8,570.95 and 8,531.50.

MF exposure to bank stocks surges to Rs 73,000 cr in December

The mutual fund industry is betting big on banking stocks as its equity exposure to the sector climbed to an all-time high of nearly Rs 73,000 crore in December.