Indian equity benchmarks closed sharply lower on Wednesday, July 2, with the BSE Sensex plunging 457.84 points or 0.55 per cent to end at 83,239.45, while the NSE Nifty50 declined 140.35 points or 0.55 per cent to close at 25,401.45. Broader market sentiment remained weak as investors reacted to global uncertainties and heavy sectoral drag…
PSU stocks: Shares of public sector banks (PSBs) such as State Bank of India (SBI), Canara Bank, Punjab National Bank (PNB), Central Bank of India, and Bank of Maharashtra opened on a strong note Monday, after the finance ministry directed state-run lenders to explore monetising subsidiaries via IPOs or strategic stake sales in the medium…
Indian equity benchmarks remained range-bound in Tuesday’s afternoon trade, reflecting mixed sentiment across sectors. As of 2:31 PM IST, the Nifty 50 was up 18.50 points (0.07 percent) at 25,121.70, holding above the 25,100 mark. The BSE Sensex hovered flat, inching up just 0.38 points to 82,445.59, indicating muted investor activity. Sectoral trends were mixed,…