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PSBs under pressure: Public banks stocks decline 16-60% since Nov

To some extent, the surge in bond yields on government securities (G-secs), which have impacted the treasury profit of banks, has also played a role.....»»

Category: topSource: business-standardMay 16th, 2018

Stocks are tumbling as Tencent"s brutal earnings report reminds traders of Facebook"s growth woes

Markets Insider US stocks tumbled Wednesday after Chinese tech giant Tencent reported its first profit decline in almost 13 years, putting pressure on the US tech sector. Investors are watc.....»»

Category: topSource: businessinsiderAug 15th, 2018

Wall St. falls amid Turkey woes; banks, tech decline

U.S. stocks slid on Friday as a deepening economic crisis in Turkey dragged on bank stocks and triggered fears that it could spread to other global economies......»»

Category: topSource: reutersAug 10th, 2018

Oil prices sink, keeping stocks in check; banks gain

Oil prices dropped 3 percent on Monday, putting pressure on energy shares and keeping global stock markets in check, although financial shares rallied after upbeat news from Bank of America and Deutsche Bank......»»

Category: topSource: reutersJul 16th, 2018

Asia Markets: Asian stocks decline, with Fed rate decision in the pipeline

Asian shares moved broadly lower Wednesday, ahead of key decisions from central banks in the U.S. and Europe that are expected to further unwind stimulative policies that fueled an economic rebound over the past decade......»»

Category: topSource: marketwatchJun 13th, 2018

Tech stocks mixed after recent surge; banks lift S&P, Dow

(Reuters) - Gains for Amazon and Tesla helped the Nasdaq open at a record high on Wednesday, before the index fell slightly as Facebook led a decline in the technology sector......»»

Category: topSource: reutersJun 6th, 2018

Public sector banks approach RBI to stay out of prompt corrective action

At present, 11 out of 21 PSBs, which constitute about 20% of the market share, are already under the PCA framework.....»»

Category: topSource: business-standardMay 29th, 2018

Midcap, Smallcap shares under pressure; 111 stocks hit 52-week low

Thus far in the month of May, the Smallcap and Midcap indices were down 8% each, against 1.4% decline in the Sensex......»»

Category: topSource: business-standardMay 21st, 2018

Fraud-hit PNB stock is a dud investment, caution analysts

The results have made analysts cautious on public sector banks (PSBs) that are saddled with a large quantum of non-performing assets (NPAs).....»»

Category: topSource: business-standardMay 16th, 2018

PSBs under pressure; PNB, Syndicate, Allahabad Bank, OBC hit 52-week low

Nifty PSU Bank index, the largest loser among sectoral indices, was down 2% as compared to 0.44% decline in the Nifty 50 index at 09:26 am.....»»

Category: topSource: business-standardMay 16th, 2018

Easier bond market rules for FPI cheer public-sector bank stocks

Bond yields could slip, easing mark-to-market provisioning pain for banks; housing finance companies can access foreign borrowings.....»»

Category: topSource: business-standardApr 30th, 2018

Kill quarterly reporting? Some investors ring alarm bells

Less reporting by U.S. corporations could put shareholders in the dark, allow companies to drift off course and even make U.S. stocks less attractive and create less public company investment, some investors and analysts argue......»»

Category: topSource: reutersAug 17th, 2018

Global stocks edge higher as Turkey worries offset U.S.-China trade talks

NEW YORK - Another steep decline in the Turkish lira on Friday pushed emerging market equities lower and kept other world markets cautious, overshadowing hopes that an upcoming U.S.-China meeting would resolve concerns over trade tariffs......»»

Category: topSource: reutersAug 17th, 2018

Metals Stocks: Gold marks largest weekly drop in more than a year

Gold prices settled slightly higher Friday, but posted a nearly 2.9% weekly retreat, the largest such decline since early May of last year......»»

Category: topSource: marketwatchAug 17th, 2018

Stocks flat as Turkey worries offset U.S.-China trade talks

NEW YORK - Another steep decline in the Turkish lira on Friday pushed emerging market equities lower and kept other world markets cautious, overshadowing hopes that an upcoming U.S.-China meeting would relieve concerns over trade tariffs......»»

Category: topSource: reutersAug 17th, 2018

Stocks falter as chipmakers lead tech sector lower

Stocks traded mostly lower Friday as a decline in chipmakers brought down the broader tech sector......»»

Category: topSource: moneycentralAug 17th, 2018

Stocks falter as chipmakers lead tech sector lower

Stocks traded mostly lower Friday as a decline in chipmakers brought down the broader tech sector......»»

Category: topSource: moneycentralAug 17th, 2018

Stocks flat to slightly lower after weak earnings, Turkey turmoil

Stocks opened flat to slightly lower Friday, dinged after a round of disappointing corporate earnings and renewed pressure on Turkey's lira . The S&P 500 fell 0.1% to 2,837.54, while the Dow .....»»

Category: topSource: marketwatchAug 17th, 2018

Stocks Come Under Pressure as Turkish Lira Drops Again

Global stocks came under pressure amid a drop in the Turkish lira and lingering worries about China’s economy and trade relations......»»

Category: topSource: wsjAug 17th, 2018

Global Markets Come Under Pressure as Turkish Lira Drops Again

Global stocks came under pressure amid a drop in the Turkish lira and lingering worries about China’s economy and trade relations......»»

Category: topSource: wsjAug 17th, 2018

London Markets: FTSE 100 under pressure on concerns about Brexit talks

The U.K.’s main stock index on Friday trades little changed, with a sharp weekly decline for the benchmar.....»»

Category: topSource: marketwatchAug 17th, 2018