Nifty PSU Bank index rallies 3% in 2 days; Indian Bank hits all-time high

PSU Bank stocks gained up to 2% in trade on Thursday; Nifty PSU Bank index hit an intra-day high of 7,142.25, and was 2.3 per cent away from its 52-week high of 7,304.80 touched on July 17, 2025. PSU Bank shares today   Shares of public sector banks (PSBs) were trading higher for the second…

Mutual funds boost money market bet through TREPS allocation to protect returns from volatility

The use of TREPS is becoming increasingly widespread, and as per PrimeMFDatabase, 89.71 percent of equity schemes had exposure to cash equivalents like TREPS, CBLO (Collateralized Borrowing and Lending Obligation), or reverse repos in July. In just two months, 18 additional equity schemes have begun using these instruments to manage cash positions.   Mutual Funds…

Sensex, Nifty see dramatic reversal intraday after over 1% fall: 3 key reasons behind rebound

Sensex has declined by 2,412.73 points or 3.07 percent, while the Nifty has lost 694 points or 2.92 percent, since February 4. Sensex, Nifty remained volatile in trade on February 12 after five consecutive days of decline, ultimately ending flat amid mixed cues. Benchmark indices Sensex and Nifty witnessed sharp intraday volatility on Wednesday, reversing…