Bank Stocks: Forecasting a Short-Lived Bout of Weakness
Mumbai: Shares of banks weakened on Thursday in response to the Reserve Bank of India’s move to impose an incremental cash reserve ratio (CRR) as part of its efforts to …
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Are These 7 Penny Stocks, Backed by FII, Worth Adding to Your Watchlist as They Rally Up to 60% in FY24?
Penny stocks are often considered inferior stocks by experienced investors who disregard get-rich-quick schemes. However, it is hard to ignore when foreign institutional investors (FIIs) also invest in such penny …
Key Factors Impacting Thursday’s Market Performance: A Comprehensive Technical Analysis
Equity benchmark indices Sensex and Nifty fell by 1% on Wednesday on weak global market trends and continuous foreign fund outflows. Fitch Ratings has downgraded the United States government’s credit …
Canara Bank: Life Insurance and Mutual Fund Joint Ventures Prepared for 18-Month Listing; Card Separation to Free Up Potential
Canara Bank expects its mutual fund and insurance joint ventures to apply for their IPOs over the next 18 months as the other shareholders have agreed in principle to the …
Canara Bank’s Q1 Results: Net Profit Surges by 75% YoY to Rs 3,535 Crore; NII Increases by 28%
Canara Bank reported a 75% YoY increase in standalone net profit for the quarter ended June, reaching Rs 3,535 crore compared to Rs 2,022 crore in the same period last …