Moody's upgrades ratings of 3 PSU banks
The upgrade reflects an improvement in India's macro profile to "Moderate+" from "Moderate", says Moody's.
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JP Morgan upgrades PNB to 'overweight'; stock jumps
With limited new stress formation and system growth itself picking up, JP Morgan sees further scope of re-rating at PNB.
PNB share jumps 8% on nod to sell stake in UTI AMC
Shares of Punjab National Bank hit a 52-week high after the government approved the divestment of its entire stake in UTI Asset Management Company.
Sensex, Nifty to fall as Fed hikes rate; RIL, Wipro, IDBI Bank, PNB, SpiceJet shares eyed
The Sensex and Nifty are poised to open sharply lower on Thursday, in line with global equities as the U.S. Fed continued its hawkish policy stance to fight inflation.
Why PNB shares hit 10% lower circuit today?
PNB shares hit a 52-week low after its profit dropped 66% YoY to ₹201 crore due to higher provisions for bad loans and contingencies.
Sensex, Nifty to fall as higher U.S. inflation rattles global markets; L&T, Tata Motors, PNB in focus
The Sensex and Nifty are set to fall at the open on Thursday, mirroring weakness in global peers as higher U.S. CPI inflation bolsters the case for an aggressive rate hike.
Sensex, Nifty to open higher; Zomato, Tata Motors, Paytm, PNB, Future Retail, Infosys shares in focus
The BSE Sensex and the NSE Nifty are set for a positive start on Wednesday, following firm cues from Asian peers and strong trends on the SGX Nifty futures.
Soft opening seen for Sensex, Nifty; L&T, Lupin, BHEL, PNB, TVS Motor shares in focus
The BSE Sensex and the NSE Nifty are expected to open flat to lower on Friday, following muted trends on SGX Nifty.
Sensex, Nifty to open in red on U.S. rate hike fears; BPCL, Axis bank, Cipla, PNB in focus
The BSE Sensex and the NSE Nifty are expected to open lower on Thursday as stocks tumbled on Wall Street and in Asia, while trends on SGX Nifty also indicated a gap-down opening for domestic bourses.
Why Puri won't control the mortgage lender soon
Carlyle-Puri move to invest ₹4,000 crore in PNB Housing Finance will await the outcome of a legal scrutiny by the Securities Appellate Tribunal.
