PSU bank stocks tumble up to 10% as early counting trends lower than exit poll predictions

June 4, 2024

PSU bank stocks dropped up to 10% on BSE as BJP-led NDA led in early election trends, defying exit polls. Central Bank, Union Bank, Canara Bank, PNB, and others saw significant declines. Analysts favor private banks like ICICI and HDFC amid political uncertainty.

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A high initial-margin requirement will discourage “undue speculation” in the newly-launched electricity futures segment, Sebi chief Tuhin Kanta Pandey said on Friday.

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IndusInd Bank to consider raising funds via long-term bonds

IndusInd Bank is set to discuss raising funds through long-term bonds at its upcoming board meeting on July 23. This consideration follows a $230 million

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