Federal Bank shares rise by 4% post Q1 update
NIFTY BANK index, which comprises the top 12 liquid and large-cap stocks from the banking sector, was up by 1.80%.
NIFTY BANK index, which comprises the top 12 liquid and large-cap stocks from the banking sector, was up by 1.80%.
Indian equities are less likely to outperform for the third successive year, says Goldman Sachs.
Right from geopolitical tensions to spiking crude, everything that you can think of going against equities is right now on display.
While Indian banks' improved financial metrics do not fully reflect the impact of the Covid-19 pandemic, the under–capitalised PSBs are likely to remain risk averse and lose market share.