Header Ads

Are PSU banks now a buying opportunity? The only dove turns a hawk at RBI

Co-sponsored By:

Associate Sponsors

ET Market

ET Markets Daily Brief | Thu, Feb 22, 2018 | 07:10 PM IST

Follow ET Markets TwitterFacebook
NOT TO MISS #StocksInNews,#Recos,#Expert Views,#IPOs,#Commodities
Tech View: Nifty50 makes small bullish candle; consolidation may continue

The consolidation is underway and downside looks capped, say analysts.

No need for more than 3 PSU banks, says Rakesh Jhunjhunwala

Sooner or later, there will be a political will to privatise banks, Jhunjhunwala said.

F&O: Bank Nifty forms Small Bullish Candle, springs hope

Nifty futures closed flat to negative with a loss of 0.08 per cent at 10,384.

Interview One to One
"There is no big reason to worry from here but at the same time, the market is going to consolidate."...
Vikas Khemani , Edelweiss Securities
Advertorial
Making your first mutual fund investment
Investors should also read the scheme related documents and understand the investment objective of the mutual fund scheme, know the securities in the scheme where money will be invested.
Advertorial
Six smart things to know about bonus in insurance plans
Not all life plans are eligible for bonus. Plans can either be participatory, thereby qualifying for bonus, or non-participatory, that do not qualify for bonus.
Top Mutual Funds
SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%)
JM Core 11 Direct Plan-Growth -6.03 1.60 19.97 13.91
Mirae Asset India Opportunities Fund Direct- Growth -6.51 6.78 20.54 12.75
Kotak Select Focus Fund Direct-Growth -5.12 4.24 17.75 12.31
Invesco India Growth Fund Direct-Growth -4.72 8.96 24.95 12.01
Mirae Asset India Opportunities Fund Regular- Growth -6.56 6.40 19.69 11.89
Featured
DSP BlackRock Small and Mid Cap Direct Plan-Growth
★★★★★
-6.63 9.16 17.96 15.52
Start SIP
Market Watch 22 Feb | 07:10PM|
SENSEX NIFTY USD/INR GOLD
33819.50
-25.36
10382.70
-14.75
65.06
0.28
30447.00
-29.00
Gainers Losers 22 Feb, 2018, 07:10PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Tara Jewels Ltd. 15.05 19.92 108976 15.05 12.00
PVV Infra Ltd. 19.90 19.52 172585 19.95 17.35
IFL Enterprises Ltd. 10.75 19.31 12000 10.75 10.70
Tweet of the day...
FROM THE NEWSPAPER
Fixed deposits beat PSU bank stocks by a mile in race for better returns

Mutual fund houses are also positive on private sector banks rather than the public lenders.

PSU bank stocks down 20-60% from peak levels; is there buying opportunity?

The nature of PNB fiasco has diminished the confidence level in the bank in particular.

Has Reserve Bank of India lost its only dove?

Most of the six members of the monetary policy committee turned hawkish at the Feb meeting.

PNB scam a marriage made in heaven, says Shankar Sharma

Experts don't foresee growth coming back to the PSU bank sector in the next 2-3 quarters.

After 2,000% rally in 5 years, can this smallcap reward investors again?

Subdued product prices are likely to weigh on the stock in the short term.

MORE LINKS:Gainers|Losers|Movers|Only Buyers|Only Sellers|Surging Volumes|Indices
More Newsletters

Daily Newsletter

Special stories that round up the major developments of the day ET More Newsletter

ET Mutual Fund

A weekly round-up of the top news and views from the mutual fund industry ET More Newsletter

ET Investment Opportunities

Property, Stocks, IPOs, NFOs, Mutual Funds and latest investment options in your inbox ET More Newsletter

Wealth

Weekly news on personal finance, stocks, property, gold, tax planning and more ET More Newsletter
View All
Follow ET Markets TwitterFacebook
About us|Advertise with us|Feedback|Sitemap|Code of Ethics
© 2018 Times Internet Limited.
To ensure delivery directly to your inbox, please add etnotifications@indiatimes.com to your address book today.
If you are having trouble viewing this newsletter, please click here
To unsubscribe or edit your subscriptions please click here

No comments