{
UCO Bank

Companies

}
001122334455554433221100
001122334455554433221100

Nifty PSU Bank index surges 7 percent amid positive market sentiment

Nifty PSU Bank index surged 7% over two days, driven by strong performances from SBI, Central Bank, PNB, and Bank of Baroda, following the BJP-led Mahayuti alliance's victory in Maharashtra elections. This rally occurred amid a positive market sentiment, with benchmark indices Sensex and Nifty also gaining up to 5%.
Moneycontrol
Bolivian Boliviano Indian Rupee Indian Bank PNB UCO Bank Central Bank of India SBI Bank of Baroda Limited IND Show more
Finance & Economy, Market Report
09:46 25.11.2024

Maharashtra election win boosts optimism in PSU and banking sectors

Investor optimism in PSU shares has surged following the BJP-led Mahayuti alliance's victory in the Maharashtra assembly elections. Sunil Subramaniam noted that the alignment between the Centre and the Maharashtra government is likely to enhance policy implementation and government spending, contributing to a nearly 3% rise in the BSE CPSE index, driven by gains in railway PSUs and banks like Central Bank and Indian Bank.
Moneycontrol
NBCC Central Bank of India Indian Bank UCO Bank IND Sunil Subramaniam Show more
Finance & Economy, Market Report
08:10 25.11.2024

psu bank shares surge on minority stake sale plans by government

Shares of four PSU lenders—Central Bank of India, Indian Overseas Bank, UCO Bank, and Punjab and Sind Bank—rose significantly on November 19 amid reports of a potential minority stake sale by the Centre to meet public shareholding norms. The Finance Ministry is expected to seek Cabinet approval for the sale, which would occur through an Offer For Sale in the open market, with timing and volume dependent on market conditions. Currently, the government holds over 93% in these banks, and five out of twelve public sector banks have yet to comply with the minimum public shareholding requirement of 25%.
Moneycontrol
Central Bank of India Punjab and Sind Bank Indian Overseas Bank UCO Bank IND Show more
Finance & Economy, Market Report
05:50 19.11.2024
Trending
Subcategory
Corporate News Startups & Entrepreneurship Economic Indicators Global Trade Developments Market Analysis and Predictions
Countries:
USA IND CHN
Companies:
TIANAN MEDICARE
Currencies:
Indian Rupee Chinese Yuan
People:
Peter Thiel Vivek Ramaswamy

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Links

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Save settings
Reset settings
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.