India’s PSU banks may receive up to $4 billion in passive inflows if the government raises the foreign institutional investment limit to 49%, according to Nuvama Institutional Equities. The move could drive strong rallies in key lenders like SBI, PNB, and Indian Bank, with expectations already boosting valuations.
US stocks: US market ends mixed as investors focus on Big Tech earnings
Wall Street closed mixed as investors awaited tech earnings and feared rate hikes. Oil prices fell after President Trump discussed peace talks with Iran. Major