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Source: Live Mint PNB Q3 Results: Punjab National Bank (PNB) on Friday, January 31 posted strong results for the quarter ended December 2024 (Q3FY25). It reported a standalone net profit of ₹4,508.21 crore in the quarter ended December 2024, recording a substantial growth of 103 percent from ₹2,222.8 crore, in the year-ago quarter. Sequentially, it…
Source: Live Mint HDFC Bank vs ICICI Bank: The private banking sector in India is dominated by two stalwarts, HDFC Bank and ICICI Bank, offering investors a blend of stability and growth potential. Both banks have delivered robust performances, backed by strong fundamentals and solid financial metrics. However, with differing strategies and market positions, choosing…
Source: Live Mint The big picture: Nifty PSU Bank index rally The Nifty PSU Bank index, a key benchmark for public sector banks in India, has experienced a dramatic trajectory since mid-2022. The turning point came in July 2022, when the index crossed its 200-Day Simple Moving Average (SMA) at approximately 2,700, signalling the start…
Source: Live Mint Private sector lender HDFC Bank surged over 3 per cent in intra-day deals on Monday, November 25 to a fresh record high of ₹1801.90. This is the first time the stock has crossed the ₹1,800 mark. The rally comes as the broader market gained significantly, driven by the BJP-led NDA’s victory in…
Source: Live Mint Muhurat Trading 2024: Indian stock exchanges are closed today, November 1, in observance of Diwali, the festival of lights. However, a special one-hour Muhurat Trading session will be held this evening to celebrate the start of the new Hindu calendar year, Samvat 2081. Scheduled from 6:00 p.m. to 7:00 p.m. IST, this…
