Unstructured Finance

Banking index gains 1.5 pct

February 17, 2011

It was a good day for banking counters, as the banking index ended with gains of 1.5 percent in a Mumbai market that ended 200 points higher.

Bank stocks post healthy gains

September 9, 2010

INIt was a good trading session for banking counters, with the BSE banking index gaining more than 2 percent and ending as the top sectoral gainer, as fund managers bet the sector would benefit from a booming domestic economy.

Banking stocks shine in weak market

August 17, 2010

The BSE Banking Index outperformed other indices on Tuesday, gaining nearly 1 pct in a flat Mumbai market, with stocks like Bank of Baroda and IDBI posting good gains.

Weak day for banking stocks

August 6, 2010

The BSE Banking index ended down 0.6 percent on Friday as the top sectoral loser, with all but one stock in the index ending the day in red.

ICICI Bank shares jump

August 2, 2010

Shares in ICICI Bank rose as much as 4.2 percent in trade before closing 3.9 percent up after the lender posted a 17-percent rise in quarterly net profit on Saturday.

Banking index gains

July 29, 2010

The BSE Banking index rose nearly 1 percent on Thursday as banks shrugged off rising trend in rates and climbed on hopes robust economic growth will boost demand for loans.

Banking counters under pressure

April 12, 2010

Various banking stocks were under pressure on Monday on concerns the Reserve Bank of India (RBI) would further hike interest rates.

Mixed day for banks, HDFC Bank down 3 pct

March 30, 2010
Mixed day for banks, HDFC Bank down 3 pct The BSE banking index fell 0.5 percent on Tuesday after gaining 3.7 percent over the last four sessions. Shares in HDFC Bank slipped 3 percent in trade and ended as the top Sensex loser. The benchmark Sensex too ended a four-session rally, closing 121 points lower at 17590. The other prominent losers were Axis Bank, which slipped 2.2 percent, and SBI which ended 0.6 percent lower. Some smaller peers however had a good day. Bank of India vaulted over 5 percent to the top of the bankex gainers list, while Karnataka Bank gained 2.3 percent. Seeing the current interest rate environment and with the Reserve Bank widely expected to increase rates in April, will you invest in this sector? http://in.reuters.com/article/economicNews/idINIndia-46771020100309

asdasdasdasdThe BSE banking index fell 0.55 percent on Tuesday after gaining 3.7 percent over the last four sessions.

Banking counters soar

January 18, 2010

Banking stocks kicked off the week on a positive note, with good results from some banks sending the BSE banking index up 2.4 percent.

Mixed day for banking stocks

September 23, 2009

MICROFINANCE/The BSE banking index ended marginally lower on Wednesday as the Sensex slipped over 150 points, but some banking stocks still managed to post decent gains.