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…

India’s growth outlook at risk from trade tensions and geopolitical risks, says government

“Uncertainties stemming from global developments constitute a key risk for the growth outlook for fiscal year 2025/26,” the Ministry of Finance said in its monthly economic report released on Tuesday. Trade tensions and geopolitical risks pose a challenge to India’s economic growth in the fiscal year that started this month, potentially disrupting supply chains and…