PSBs in deep waters! Top five reasons why you should think twice before retaining them in your portfolio

ET Markets Daily Brief | Wed, May 18, 2016 | 04:54 PM IST Follow ET Markets

PSBs in deep waters! Nine banks report net losses of Rs 14,000 crore so far The total amount of Q4 losses could still rise with six PSBs scheduled to report their numbers in the coming week with the mother of them SBI yet to come. Top five reasons why you should think twice before retaining PSU banks in your portfolio Public sector banks continue to report poor earnings on the back of worsening asset quality which led to increase in provisioning requirement for most of them. Here's what happened on Dalal Street all through Wednesday If you are reading this, chances are Sensex and Nifty are part of your daily life, and actions on Dalal Street can make or mar your day.

Interview One to One In an exclusive interview with ET Now, SBI Chairman Arundhati Bhattacharya said that the bank is looking towards inef... Arundhati Bhattacharya, Chairman, SBI

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Market Watch 18 May | 04:54PM| SENSEX NIFTY USD/INR GOLD 25704.61 ↓-69.00 7870.15 ↓-20.60 66.97 ↑0.10 30031.00 ↓-18.00

Gainers Losers 18 May, 2016, 04:54PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Alps Industries Ltd. 5.34 20.00 188910 5.34 3.90 Wim Plast Ltd. 2059.50 20.00 767352 2059.50 1905.00 Subros Ltd. 114.60 20.00 187858 114.60 95.50

Tweet of the day... F&O View: Market stuck in the grip of Call and Put writers; await fresh triggers

FROM THE NEWSPAPER

As Brexit worry develops on the horizon, analysts ask you to take guard There is nothing so far to distinguish a clear lead for either side – stay or exit – in opinion polls being run by media houses across the United Kingdom. Sensex mantra: If you bought stocks on dips in last one year, you are surely in profit Since 1979, there have been 10 instances when the Sensex dropped 10-30% within 30-180 trading days and has always bounced back in the next 12 months. Seven stocks where brokerages have turned bullish on a long-term basis Experts believe the result of assembly elections in five states and onset of monsoon are expected to play a vital role in influencing market behaviour going ahead. India's honeymoon to be over if crude hits $50 or go beyond: Experts A rally in crude oil prices can be beneficial for exporting nations and negative for importers such as India and is definitely good for equity markets. Top 5 stocks where global brokerage firms tweaked their rating post Q4 results Top global brokerage firms in separate notes to their clients have tweaked their ratings, as well as target prices, for four stocks post Q4 results.

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