But experts say govt has hardly given up control in these entitiesShares of public sector banks, led by Bank of Baroda, rallied sharply on Monday, defying the overall weakness in the market. The rally followed the government’s plan to bolster state-owned lenders amid a rise in bad loans.The BoB stock gained 15.2 per cent, adding to Friday’s gains of about four per cent. Canara Bank rallied 13.4 per cent and Indian Bank and Bank of India gained nine per cent each. The benchmark BSE ... Rediff.com, 2 weeks ago
3:21 p.m.: Shares of Nitin Fire Protection Industries were in high demand in trades today. Bollywood actor Amitabh Bachchan bought 15 lakh shares of the company at Rs 42.99, stock rallied 10 per cent to hit high of Rs 47.15. 3:03 p.m.: Unitech, ...NDTV Profit, 2 weeks ago
Mumbai After losing out to neighbouring Gujarat for hosting the country's first international financial centre (IFC), Maharashtra has revived its efforts to have a similar set-up in the city's swanky Bandra Kurla Complex. Maharashtra, which ...DeshGujarat, 3 weeks ago
July 16--MUMBAI -- Foreign institutional investors (FIIs) sold stakes in a number of public sector companies in the quarter ended June, with selling seen across state-controlled banks on concerns of rising bad loans and the weak capital position of ...Bloomberg, 1 month ago
MUMBAI: Traders have built bullish positions in derivative contracts of select banks and auto that benefit from the rural economy, encouraged by better-than-normal monsoon so far. Analysts said hopes that these stocks may remain firm even if the recent rally ...Economic Times, 2 months ago
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