Nifty Bank index is expanding to 14 stocks with Yes Bank and Union Bank of India joining. This change, mandated by Sebi, will ...
Yes Bank and Union Bank of India are set to enter NSE's Nifty Bank following the changes announced by the exchange in line with the capital market regulator's directive. With their inclusion, the ...
NSE also said that the weightage of the top three constituents will be capped at 19%, 14% and 10%, respectively ...
Following the Nifty Bank rejig, analysts at Nuvama Alternative Research expect Yes Bank to draw inflows of around $140 million or Rs 1,200 crore from passive funds. PSU lender Union Bank of India can ...
Post the addition, Yes Bank's weightage in the Nifty Bank would be 3.9% and that of Union Bank would be 2.6%, by the end of ...
Union Bank of India is quoting at Rs 156.19, up 2.19% on the day as on 12:49 IST on the NSE. The stock is up 27.11% in last one year as compared to a 7.79% gain in NIFTY and a 26.68% gain in the Nifty ...
The government has dismissed expectations of a hike in foreign direct investment (FDI) limits for public sector banks (PSBs), ...
NSE revises Nifty Bank Index, adding Yes Bank and Union Bank, expanding to 14 constituents for better diversification and stability.
Experts predict a strong gap-up opening for the Indian stock market following an unexpected 8.20% Q2 GDP growth ...
NSE finalises index reshuffle to comply with SEBI concentration rules; top two banks’ weightage to be reduced over four ...
Nuvama expects YES Bank to sees inflows of 55.2 crore shares worth $140 million, which would be equivalent to 6.1 times ...