Public sector banks saw stronger credit growth compared to deposit growth for the September quarter. Bank of India, Union Bank of India, and Indian Bank reported credit growth between 10% to 14%, while deposit growth ranged from 8% to 10%, according to provisional numbers.
Posts in category Economic Times
Vodafone Idea, Tata Chemicals among 5 stocks with long unwinding (07-10-2024)
Long unwinding is the process of selling long-held positions or stocks, either to secure profits or to exit in anticipation of a downturn. During Monday’s trading session, five stocks experienced long unwinding.
Ashish Kacholia buys fresh stake in this smallcap company, stock up 5% (07-10-2024)
Ace investor Ashish Kacholia bought a 2.52% stake in Jyoti Structures. The stock closed 4.8% higher. Promoters and the promoter group do not hold any stake in the company. The entire 100% stake is held by public shareholders like FPIs, AIFs, and insurance companies.
NSE share price jumps up to 45% in 3-4 months on IPO buzz. Will the uptrend continue? (07-10-2024)
NSE’s IPO buzz has grown in the last 3-4 months, leading to a 35% rise in its share price in the unlisted market. Investors are waiting for the listing due to the stock’s promise and higher premium compared to the current market price.
Tech view: Nifty breaks crucial support, may slide to 24,500 level. How to trade tomorrow (07-10-2024)
Nifty formed a long bear candle, indicating a continuation of the downtrend. The positive chart pattern has been negated by Nifty moving below the 24,753 support level. The underlying trend remains negative, with support at 24,500-24,400.
New age tech stocks surge in CY24: Explore their financials & institutional data (07-10-2024)
New-age tech companies have seen significant growth in CY24. Two stocks have surged over 100%. Newly listed companies have also shown strong gains. These tech-driven startups focus on fast-growing sectors and leverage advanced technologies to offer distinctive products and services. They are recognized for their rapid expansion, high market valuations, and ability to disrupt traditional industries.
Suraksha Diagnostic gets Sebi’s go ahead to float IPO (07-10-2024)
Integrated diagnostic chain Suraksha Diagnostic Ltd has received Sebi’s go ahead to raise funds through an initial public offering (IPO), an update with the markets regulator showed on Monday.
Breakout Stocks: How to trade BASF India, Astrazeneca Pharma and Coforge on Tuesday? (07-10-2024)
Indian markets closed lower for the sixth day, with the Sensex dropping over 500 points. Notable stocks like BASF India, Coforge, and AstraZeneca Pharma saw bullish breakouts and potential targets ahead.
Stock market update: Mining stocks down as market falls (07-10-2024)
The 30-share BSE Sensex closed down 638.45 points at 81050.0
Stock market update: Power stocks down as market falls (07-10-2024)
The 30-share BSE Sensex closed down 638.45 points at 81050.0