Tag Archives: state bank of india

Indian markets were more than half a percent lower on Wednesday before the Supreme Court hearing on a series of petitions seeking a waiver of interest on loans during the moratorium period. Among the major indices, the S&P BSE Sensex fell 250 points to 40,360 levels and the Nifty50 index …

Photo: Kamlesh Pednekar Indian markets slashed all their morning gains and fell into the red in the limited-range session on Tuesday before the Supreme Court hearing on a batch of petitions seeking a waiver of interest on loans during the moratorium period. Among the major indices, the S&P BSE Sensex …

The benchmark indices fluctuated between gains and losses on Friday as the RBI’s monetary policy committee (MPC) left the buyback rate unchanged at 4 percent. Governor RBI said the MPC has decided to continue with the “complacent” stance. The RBI forecasts that fiscal year 21 GDP will contract 9.5 percent, …

Extending their winning streak to the fifth straight session, the benchmark indices finished nearly a percent higher on Wednesday, led by purchases at Reliance Industries (RIL) and HDFC Bank. Among the major indices, the S&P BSE Sensex closed 304 points, or 0.77 percent higher at 39,879 levels, and the Nifty50 …

NSE’s Nifty finished above 11,500 marks at 11.503, up 0.76 percent. Benchmark equity indices closed nearly 1 percent higher on Monday, driven mainly by information technology (IT) stocks and private sector lenders such as HDFC Bank and ICICI Bank. Shares in information technology (IT) companies were on a roll after …

Indian markets soared more than 1 percent on Thursday, supported by favorable global signals. Among the major indices, the S&P BSE Sensex rose 600 points to 38,680 levels, and the Nifty50 index surpassed the 11,400 mark. Bajaj Auto and IndusInd Bank (up 5%) were the top winners for Sensex, followed …

Photo: Kamlesh Pednekar Indian markets were trading more than half a percent higher in Wednesday’s volatile session, driven mainly by consumer goods and pharmaceuticals stocks. Among the major indices, the S&P BSE Sensex was trading around 38,210 levels, up 210 points, and the Nifty50 index was testing the 11,300 mark. …

The trend among the Nifty sector indices was largely negative, led by the Nifty PSU Bank index, which was down more than 2%. The benchmark indices ended Tuesday’s volatile session on a flat note with a negative bias. The S&P BSE Sensex ended at 37,973 levels, down 8 points or …

Indian stock markets rose half a percent on Wednesday, driven primarily by gains in information technology (IT) and auto stocks. The S&P BSE Sensex rose 250 points to 37,960 levels and the Nity50 index hovered around the 11,250 mark. Reliance Industries gained 2 percent after the company announced that KKR …

State Bank of India has detailed the process and rules it intends to follow when the country’s largest lender begins an exercise to restructure personal loans, as permitted by the Reserve Bank of India. The bank on Monday launched a website where borrowers can check their eligibility and upload relevant …