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  Sensex snaps 6-day winning run to end 129 points lower; bank stocks tank

  Business | June 04, 2020 16:09 IST

  Snapping its six-day winning streak, equity benchmark Sensex closed 129 points lower on Thursday, dragged by losses in banking stocks amid weak cues from global markets.

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  Mutual funds exposure to bank stocks hits record high of Rs55,000 crore

  July 14, 2014 16:56 IST

  New Delhi: Mutual fund (MF) managers raised their exposure in bank stocks to an all-time high of nearly Rs.55,000 crore in June this year amid soaring equity markets. According to the latest data available with

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  Sensex drops 60 points as rate fears send bank stocks down

  October 15, 2013 19:11 IST

  Mumbai: The Sensex fell 60 points today, the first drop in six days, led by financial stocks after weak inflation data indicated the RBI would raise interest rates.  HDFC Bank, ICICI Bank, HDFC and State

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  Nifty plunges 122 pts on rate hike fallout, bank stocks crack

  September 23, 2013 19:43 IST

  Mumbai: Stocks plummeted for the second straight trade after the RBI surprised the markets with a bolddecision to hike interest rates on fears of rising inflation dampening investors' confidence.The 50-share CNX benchmark Nifty slumped by