Is PSU Bank index likely headed to new highs?
Mon, Feb 19, 2024 8:55 AM

Is PSU Bank index likely headed to new highs?

A Flip by Shubhangi Gupta
Get it on Google Play
Experts are cautiously optimistic about Indian markets, with PSU stocks and banks being top performers. India VIX has seen a slight increase in volatility, reminding investors to be cautious. A recent report highlights the undervaluation of PSU stocks and improving fundamentals, leading to a positive outlook for PSU Bank index. Technical analysis suggests potential positive returns for the index.

More great flips

Tata Motors' JLR Q3 Auto Sales: Wholesales up 3%, retails dip 3%

Tata Motors' JLR Q3 Auto Sales: Wholesales up 3%, retails dip 3%

Tata Motors-owned JLR on Wednesday (January 8) reported a mixed performance for Q3 FY25. Wholesale volumes increased by 3% YoY to 1,04,427 units, reflecting a recovery from prior supply disruptions, while retail sales declined 3% YoY to 1,06,334 units. Shares of Tata Motors Ltd ended at ₹794.85, up by ₹1.45, or 0.18%, on the BSE.

Open Flip
eBay Stock Surges After Meta Launches an Integration Test

eBay Stock Surges After Meta Launches an Integration Test

eBay Stock Surges After Meta Launches Integration Test For Facebook Marketplace: Shares of e-commerce company eBay Inc (NASDAQ:EBAY) are trading higher on Wednesday after Meta Platforms Inc. (NASDAQ:META) said it is rolling out a new test that will integrate listings from eBay directly on Facebook Marketplace. This initiative will initially launch in Germany, France, and the U.S.

Open Flip
Aditya Birla RE says no impact on Niyaara project after SC setback

Aditya Birla RE says no impact on Niyaara project after SC setback

Aditya Birla Group-backed Aditya Birla Real Estate Ltd (ABREL) said that the company does not see any impact in its operations, including its ongoing Birla Niyaara luxury housing project in Worli, as it faced a setback at the SC in its fight with the BMC over possession of a land parcel in Mumbai's Lower Parel, measuring around five acres, after the apex court sided with Mumbai's civic body.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon