Shares of state-owned PFC and REC rose by 2% and 3% as UBS initiated coverage on them. UBS sees potential growth driven by financing renewable energy and infrastructure projects.
Yes Bank shares rose after the lender reported a 23.8% YoY growth in loans and advances to around Rs 3.1 lakh crore in Q2 FY27.
HDFC Bank shares rose after Anup Bagchi was appointed as the bank’s new MD & CEO, ending months of uncertainty over its top leadership. Brokerages
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