Tag: state bank of india

Stop Loss: Rs 1,080Target: Rs 1,170-1,190Shares of Axis Bank closed 2.8% up last week at Rs 1,140 levels. Technically, it breached the resistance level of Rs 1,100, which is positive for the stock. The action...
Profit booking could be witnessed as we hover near all-time highs, however buy on dips can be maintained for Gold this week. (AI image) Gold price prediction today: Gold prices are expected to maintain...

Inflation’s ways give room for a rate cut, but RBI may not do it

India's inflation environment remains benign as reinforced by the latest Consumer Price Index (CPI) print, providing space for potential monetary easing. However, most...

Economists lower India inflation forecasts despite August uptick; GST reforms supportive

India's retail inflation edged up modestly in August, but economists and industry leaders believe the rise is temporary and unlikely to upset the...

Adani Group stocks in focus as CCI approves acquisition of Jaiprakash Associates

Shares of Adani Group companies are expected to be in focus on Thursday after the Competition Commission of India (CCI) approved the acquisition...

SBMC receives RBI nod for 25% stake acquisition in Yes Bank, not to be classified as promoter

Private lender Yes Bank on Saturday said the Reserve Bank of India (RBI) has approved Sumitomo Mitsui Banking Corporation (SMBC) to acquire up...

M-cap of 6 of top 10 most-valued firms erodes by Rs 1.36 lakh crore; RIL hit hard

The combined market valuation of six of the top 10 valued firms eroded by Rs 1,36,151.24 crore last week, with Reliance Industries taking...

India lacks adequate risk capital to realise its $5 trillion economy ambition: Kamakodi

India has the capital to support growth but lacks adequate risk capital to realise its USD 5 trillion economy ambition, City Union Bank...

RBI may announce 25 bps rate cut in August to boost credit growth ahead of Diwali: SBI Report

The Reserve Bank of India (RBI) is expected to announce a 25 basis points (bps) repo rate cut in the upcoming Monetary Policy...

NSDL nears listing deadline: How does the institutional giant measure up to CDSL’s retail surge?

As India’s largest depository heads for a SEBI-mandated IPO by July 31, investor focus sharpens on how NSDL compares to its listed peer...

India seeks lower tariff than Indonesia in race for deal with US

Indian officials are hoping to secure a trade deal with US President Donald Trump at a lower tariff rate than he’d agreed with...

M-cap of 6 of top 10 most valued firms drops by Rs 70,325 crore; HDFC, ICICI Bank top drags

The combined market valuation of six of the top-10 valued firms eroded by Rs 70,325.5 crore last week, with HDFC Bank and ICICI...

CLSA rates SBI ‘Outperform’ with Rs 1,050 target, citing value unlocking potential from unpriced NSE and Yes Bank stakes

Global brokerage firm CLSA has maintained its ‘Outperform’ rating on State Bank of India (SBI), assigning a target price of Rs 1,050, citing...

Two Trades for Today: A large-cap PSU bank for a 5.5% upmove, a financial services major for 6% rise

Technical analysis identifies select stocks that may gain momentum even in volatile markets. Here are the technical calls for today. Source link

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