In case you are planning to buy a house and are on the lookout for a home loan, you should first compare the rates of interest offered by different banks and then apply for the one that suits you the most. Interest rates on loans above ₹50 lakh ICICI Bank: When the loan amount ranges between ₹35 …
State-owned Punjab National Bank’s (PNB) market capitalization crossed the Rs 1 lakh crore mark for the first time after its stock rallied nearly 80% in the last six months. Meanwhile, in Friday’s trade, the stock rose over 2% to hit a 52-week high of Rs 92, backed by heavy volumes on the NSE. A total …
Bank Nifty has not been displaying significant momentum, primarily due to the lackluster performance of the heavyweight HDFC Bank. Rupak De, Senior Technical analyst at LKP Securities, says it may not be advisable to consider shorting until Bank Nifty drops below 44,500. “A decisive decline below this level could potentially drive the index towards 43,800/43,500. …
With the momentum in the market remaining bullish, Nifty Bank is now approaching its all-time high and can even zoom past the 47,000-level, says Rupak De of LKP Securities. “The strong presence of Put writers at 46,000 has helped the index to stay in positive territory. The trend is anticipated to stay bullish as long …
Mortgage lender PNB Housing Finance shares rallied 8% to Rs 688 in Monday’s trade on BSE after the firm resolved and fully recovered a corporate non-performing asset (NPA) of Rs 784 crore. The company said it has fully recovered this corporate NPA, constituting about 1.3% of the loan asset as of June 30, 2023. The …
Eleven stocks are under the future & options (F&O) ban for trade on Monday, August 21, namely Chambal Fertilizers & Chemicals, Delta Corp, Gujarat, Narmada Valley Fertilizers & Chemicals, Granules India, Hindustan Copper, Indiabulls Housing Finance, India Cements, Manappuram Finance, Punjab National Bank (PNB), Steel Authority of India (SAIL) and Zee Entertainment Enterprises (ZEEL). The …