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Sensex plunges 132 points; banking stocks dip

Last Updated: Wednesday, August 06, 2014, 14:33

A benchmark index of Indian equities markets Wednesday was trading 132.54 points or 0.51 percent down as banking stocks dipped.

MFs exposure to bank stocks hits 15-mth high of over Rs 41K cr

Last Updated: Sunday, May 11, 2014, 10:33

Fund managers raised exposure in bank stocks to 15-month high of over Rs 41,100 crore in April on hopes of improvement in the economy and a stable government at the Centre.

Citing weak market, banks delay QIP plans

Last Updated: Wednesday, March 05, 2014, 21:14

When contacted Union Bank chief financial officer Mayank Mehta said: "We have still not decided on the time when we will be doing it."

Sensex fails to maintain early gains, falls for 6th straight day

Last Updated: Tuesday, December 17, 2013, 15:09

The wide-based National Stock Exchange index Nifty edged down by over 7 points to 6,147.

Markets having cracker of a time; Nifty hits 6,300, banks lead

Last Updated: Thursday, October 31, 2013, 20:36

Financials, particularly PSU banking stocks, led the surge even as energy, FMCG, metal, technology and auto scrips supported the rally.

FIIs reduce stakes in banks in Jul-Sept quarter

Last Updated: Wednesday, October 16, 2013, 18:19

Concerns over inflation, hardening interest rates and asset quality have prompted FIIs to cut exposure in banking stocks such as ICICI Bank, HDFC Bank and SBI in the July-September quarter, say analysts.

MFs' exposure to bank stocks hit 4-year low of Rs 22,744 cr

Last Updated: Wednesday, October 09, 2013, 15:41

Amid continuing weakness in banking stocks, fund managers' exposure to the sector has dropped to the lowest level in four years and stood at Rs 22,744 crore at the end of August.

Banking shares dazzle as RBI lowers short-term interest rate

Last Updated: Tuesday, October 08, 2013, 19:19

Banking stocks on Tuesday rose by as much as 4 percent after the RBI cut a short-term interest rate, effectively lowering lenders' cost of funds ahead of the busy festive season.

Sensex gains 125 points in pre-noon trade

Last Updated: Tuesday, October 08, 2013, 09:53

Good buying was seen in capital goods, banking index (bankex) and auto sectors while selling pressure was seen in the metals sector.

Nifty spurts 45 points on CAD, core sector data, banks gain

Last Updated: Tuesday, October 01, 2013, 21:24

The dramatic improvement in current account deficit data and rebound in core sector output provided the much-needed impetus for the markets which rallied after the overnight sell-off as the benchmark Nifty jumped by a healthy 45 points on the National Stock Exchange(NSE) on Tuesday.

Sensex regains 20,000 level; up over 100 points

Last Updated: Tuesday, September 24, 2013, 10:12

The wide-based National Stock Exchange Nifty moved up by 34 points to 5,924.

Sensex ends flat after regaining from early losses

Last Updated: Wednesday, September 11, 2013, 17:58

Sensex Wednesday once again fell short of the 20,000 mark even after wiping out a 219-point intra-day loss, helped by buying in metal, realty and banking stocks.