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…

Technical View: Nifty faces hurdle at 25,250, rangebound action likely to persist; Bank Nifty holds 20-day EMA

Monthly options data suggests that the Nifty 50 is expected to trade in the 24,800–25,300 range in the near term. Nifty Outlook for July 25 The Nifty failed to witness follow-through buying on July 24 and closed the weekly F&O expiry session with a 0.6 percent loss. In fact, the index erased all of its…

Trump warns Apple of 25% tariff on iPhones made in India or anyplace else; stock drops 2%

While the majority of Apple’s flagship phone production currently takes place in China, the company has begun to shift manufacturing operations to India.   President Donald Trump on Friday announced that Apple will be subject to a tariff of 25% or more for iPhones manufactured outside of the United States. In a statement on social…

Six officials of IndusInd Bank under investigation for insider trading: Report

SEBI examining the timing of trades by these six officials to ascertain whether the sales violated regulations, the report said Investigations are in preliminary stages and show cause notices to the individuals and to the bank have not yet been sent. Reuters India’s markets regulator is investigating six IndusInd Bank officials for insider trading to determine if…