Last Updated: Wednesday, September 2, 2015, 16:08
Mutual fund managers continued their shopping spree in August purchasing shares worth a staggering Rs 10,533 crore even though overseas investors pulled out a record money from the stock market.
Last Updated: Tuesday, August 25, 2015, 19:18
Most bank stocks were in demand Tuesday with Yes Bank gaining 8 percent mainly on value buying, a day after recording heavy losses.
Last Updated: Monday, August 17, 2015, 19:19
Bank stocks were in huge demand today, surging up to 15 percent, following a slew of reform measures announced in order to revive the fortunes of the public sector lenders.
Last Updated: Monday, August 3, 2015, 20:38
Bank stocks were in demand Monday, surging up to 9 percent, ahead of RBI's policy review meeting tomorrow and on hopes of an interest rate cut.
Last Updated: Friday, July 31, 2015, 19:05
Bank stocks were in limelight Friday, surging up to 8 percent, after the government announced plans to infuse fresh capital into state-run lenders.
Last Updated: Friday, July 17, 2015, 18:49
Mutual funds' allocation to the banking sector dropped to Rs 78,582 crore in June, after hitting an all-time high in the preceding month, amid weakness in bank stocks.
Last Updated: Thursday, July 16, 2015, 18:34
Bank stocks on Thursday gained up to 4 percent following the government's move to simplify foreign investment regime that boosted investor sentiment.
Last Updated: Friday, June 26, 2015, 19:35
Bank stocks on Friday witnessed a selling pressure after the Financial Stability Report said that asset quality deterioration is likely to continue for a few more quarters.
Last Updated: Tuesday, June 16, 2015, 15:33
Mutual Fund managers have been on a shopping spree for banking stock, raising their allocation to the sector to over Rs 79,000 crore in May in anticipation of a rate cut by the Reserve Bank.
Last Updated: Thursday, April 9, 2015, 17:35
The Sensex has now garnered over 927.72 points in five sessions and is at nearly one-month high. The previous high was on March 12 when it ended at 28,930.41.
Last Updated: Thursday, April 9, 2015, 16:16
Mutual fund (MF) managers dropped their exposure in bank stocks to over Rs 73,000 crore in March after raising it for six consecutive months.
Last Updated: Tuesday, March 24, 2015, 14:23
Continuing their bullish stance on banking stocks, mutual fund managers raised exposure to the sector to a historic high of nearly Rs 78,000 crore in February.
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