PSU Bank Index Hits High as Nifty Ends Above 25,700
PSU banks led a selective rally as Nifty closed above 25,700 on February 23, 2026, while IT remained weak and more than 110 stocks touched fresh 52-week highs.
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PSU banks led a selective rally as Nifty closed above 25,700 on February 23, 2026, while IT remained weak and more than 110 stocks touched fresh 52-week highs.
IDFC First Bank stayed sharply lower through afternoon trade after reporting a Rs 590 crore Haryana government-linked account discrepancy, with the stock among the day’s top movers.
Nifty held above 25,650 in afternoon trade as the US Supreme Court tariff verdict supported risk sentiment, lifting private banks and Reliance while IT stocks stayed weak.
A Jefferies downgrade tied to AI disruption risk extended the Nifty IT decline, with Infosys, TCS, HCL Tech and Tech Mahindra trading weak intraday.
JM Financial Ltd., a well-known financial services company, shared its financial results for the last quarter of the financial year (January to March 2025). The company went through a tough market and reported a fall in both profit and revenue. Still, it announced a dividend which shows that it remains committed to giving value to … Read more
The price of iPhone 16 models in the United States will rise significantly due to the new 84% tariff imposed by China. Based on calculations, the current $1,199 iPhone 16 would see a price increase of $1,007.16, bringing the total cost to $2,206.16. Impact on Different iPhone 16 Models The price hikes will affect the … Read more
Reserve Bank of India (RBI) has cut the repo rate by 25 basis points to 6% from 6.25%, announced in the meeting held on 9th of April. Trump’s reciprocal tariff is a possible reason behind this second rate cut this year. Reasons behind RBI’s Rate cut The RBI’s Monetary Policy Committee (MPC) stated that this … Read more
9th April 2025 – Flagship index Nifty closed 126.35 points lower ending the day at 22504. Binani Industries Limited (BINANIIND) was among the top gainers ending the day at 19.97% higher. Among the losers, stocks like G-tec Jainx Education Limited and Blue Jet healthcare fell more than 10% intraday. Healthcare stocks are falling mainly due … Read more
This article provides a detailed analysis of Ramkrishna Forgings Limited’s performance for the fiscal year ending March 31, 2024 (annual report). I have also added points from the company’s H1 FY 2025 Investor Presentation. This analysis aims to offer readers a clear understanding of Ramkrishna Forgings’ current standing performance and future direction within the forging … Read more