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Time to bank on banks?
Bank Nifty index closed the week on a negative note, facing resistance around 37,300 levels post a brief bounce
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Sensex, Nifty inch lower in early trade; pharma stocks drag
IndusInd Bank, diving over 10%, was the top Sensex loser followed by Asian Paints, Sun Pharma, M&M, Reliance Industries and HDFC Bank
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Bank stocks gain after RBI views on dividend payment
In the face of the Covid-19 crisis, the RBI had disallowed all the banks from declaring any dividend for FY20.
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Market capitalisation of four of 10 most valued companies jump over Rs 1.14 lakh cr
Four of the 10 most valued companies added Rs 1,14,744.44 crore to their total market valuation last week, with major contributions coming in from IT
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Banks stocks advance after RBI maintains status quo
RBI kept repo rate unchanged at 4% and maintained an accommodative stance. Reverse repo rate stands at 3.35%.
