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Foreign investors have pulled back from the Indian stock market. Several major companies have seen significant drops in foreign institutional investor holdings over the past year. This selling pressure has coincided with sharp declines in the share prices of these well-known companies.
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Fourteen penny stocks showed significant gains in the last month. These stocks saw returns between 40% and 125%. Two stocks became multibaggers. Investors can find these opportunities by using specific market filters.
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The US central bank is widely expected to keep interest rates unchanged at its policy meeting next week, as energy prices stay high and supply chains snarled due to war in the Middle East.
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State-owned Uco Bank reported a 23% rise in Q4 net profit to Rs 801 crore, aided by lower provisions, though operating profit declined due to weaker core and non-interest income. Net interest margin slipped to 3%, even as advances grew 19.4% and deposits rose 11.6%.
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State-owned Uco Bank reported a 23% rise in Q4 net profit to Rs 801 crore, aided by lower provisions, though operating profit declined due to weaker core and non-interest income. Net interest margin slipped to 3%, even as advances grew 19.4% and deposits rose 11.6%.
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