Stock Market News Updates Today: Sectorally, all the other indices were trading with decent gains. Metal index was up 2.5%, while private, PSU Bank and financial indices rose 1.5% to 2% today

Top stocks that rose the most on February 24: Private lenders HDFC, Axis and ICICI Bank were among top gainers on BSE Sensex on the back of government's move to lift the embargo on the grant of GOI business to private banks

Uday Kotak believes that lifting the embargo will enable the banking sector to serve customers better. He added that public and private banks must work together for sustainable development in the country

Buoyed by the gains in banks, Sensex and Nifty rallied over 1,000 points and 250 points, respectively

With the lifting of the said embargo, private sector banks can now carry out government-related banking transactions such as taxes and other revenue payment facilities, the Department of Financial Services stated in a press release

Stock Market Updates Today: Sectorally, except for IT and pharma index, all the other indices ended with decent gains. Private, PSU Bank and financial indices closed 3% higher today.

Stock Market News Updates Today: Global equities were buoyed today as positive macroeconomic data flow and hopes of a COVID-19 vaccine boosted investor sentiment

Losers Today, Share market news: 8stocks that fell most on 22 February : Eicher Motors, M&M, Axis Bank, IndusInd Bank, Dr Reddy, Tech Mahindra, L&T and TCS traded among the top losers on BSE and NSE today

Share Market: Here's a list of top 5 losers today, 19 February: ONGC, Tata Steel, State Bank of India, Axis Bank and ICICI Bank were trading as the top losers on BSE and NSE today

Sectors too saw profit booking in index heavyweights from all-time highs. All sectors witnessed heavy selling pressure today, with PSU Banking dropping over 4%, followed by a 2% fall in auto and over 1.5% decline in metal and private banking index

Private wealth creators are solely responsible for India's banking stress; increasingly fleeing India with their wealth and bank loans, and those making huge profits are doing so by cutting jobs and wages

Stock Market News Updates Today: Bajaj Finserv, IndusInd Bank, RIL, Kotak Bank were among the top gainers today, while NTPC, PowerGrid, Asian Paints, ICICI Bank, Tata Motors were among the top losers

As debt-laden distressed companies fall by the wayside, some cash-rich large companies are practically monopolising their sectors

FDI surge from Cayman Islands makes it the new Mauritius; chorus grows China might be routing investments into India through it

Financial statements for December quarter imply that while business continues to remain sluggish, resulting in employment being stagnant or lower, companies continue to make record profits

Stock Market News Updates Today: Nestle India, Titan, RIL, ITC, HUL, HCL Tech, ONGC, HDFC, TCS, PowerGrid and ICICI Bank were among the top losers today. On the other hand, Bajaj Auto, SBI, Bajaj Finance and Reliance Industries were among the gainers

The RBI in its Financial Stability Report, released last month, said GNPAs or gross non-performing assets of NBFCs increased to 6.3 per cent as of March 2020 from 5.3 per cent as of March 2019

Share Market, Here's a list of 8 top gainers today, 16 February: PowerGrid, ONGC, Hindalco, NTPC, Kotak Mahindra Bank, RIL, Maruti, UltraTech Cement traded as the top gainers on BSE and NSE

Stating that India needs many things to be right for its recovery to continue, S&P said the country needs to quickly and thoroughly vaccinate most of its 1.4 billion people

These Acts led to the nationalisation of banks in two phases and provisions of these laws have to be changed for the privatisation of banks, they said