#Budget2022WithMC | The #PSUbank index underperformed the market as FM Nirmala Sitharaman shared no proposal for fresh capital infusion into PSU banks this year.

Read more at
https://www.moneycontrol.com/news/business/budget-2022-psu-banks-fall-as-no-proposal-for-fresh-capital-infusion-8018431.html

#budget2022 #NirmalaSitharaman

#MarketsWithMC | #ClosingBell 🔔 Market ends on a flat note amid high volatility.

👉 #Sensex down 98 points or 0.18% at 53,416.15, and the Nifty down 28 points or 0.18% at 15,938.70.

👉 Top Gainers: #ONGC, Sun Pharma, Kotak Mahindra Bank, Dr Reddy’s Labs and Maruti Suzuki.

👉 Top Losers: Hero MotoCorp, Axis Bank, HCL Technologies, Tech Mahindra and SBI.

👉 IT and #PSUBank indices fell 1-2%, while Oil & Gas and Power indices up 1-1.6%.

👉 #BSE midcap and smallcap indices end lower.



👉 Indian #rupee ended at a fresh record closing low at 79.87.

#MarketsWithMC: A rally in #PSUBank stocks has put State Bank of India, Bank of Baroda, Canara Bank, Punjab National Bank and Union Bank of India on the list of India's top 10 most valued banks

Here's what analysts said about the rally 👇
https://bit.ly/3EZKK0I