Bank Nifty Rally Lifts Index Within 1% of Record High
17 Articles
17 Articles
A positive mood was visible on international markets today, and the Hungarian stock exchange was also able to take part in this. The BUX index ended trading 1.4 percent higher, and blue chips rose almost without exception. The gain was led by MOL, which closed 3.5 percent higher in parallel with rising oil prices due to the intensification of tensions with Iran, but OTP, which reported at dawn, also rose following the fresh figures.
Nifty PSU Bank Index Performance: Bank of India, UCO Bank among 7 stocks rebound 15–56% from 1-yr lows - here’s why
State-owned bank stocks have rallied sharply, with the Nifty PSU Bank index posting its biggest one-day gain in nearly two years. Strong quarterly profits, improving asset quality and returning foreign investment have supported the recovery.
Mumbai: Shares of public sector banks made huge gains in the stock market on Wednesday, November 11. The Bank Nifty, an index of bank stocks, jumped 3 percent to touch 61400 points. Bank of Baroda was the biggest gainer. Bank of Baroda jumped about 6 percent. Federal Bank and Punjab National Bank share prices rose about 5 percent. HDFC Bank jumped about 2.5 percent. Good financial […]
Mol and OTP pushed the BUX up, the mood was good throughout, only Magyar Telekom broke.
The Athens Stock Exchange concluded trading on a positive note and with a significant rebound from the session lows. With buyers regaining control and banking stocks taking the lead. The General Index, despite initial pressures, managed to reverse the picture and return above the 2,650-point mark. Specifically, the General Index reached 2,624.2 points intra-session, recording losses of 0.68%, but then developed strong upward momentum and closed …
The BUX strengthened on Wednesday. Three blue chips pulled the cart, but the most virulent was MOL.
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
