Bharat Express

Financial Services

India has made significant strides in financial inclusion, with key government schemes such as the Pradhan Mantri Jan Dhan Yojana (PMJDY)

Barclays Bank PLC India has infused over ₹2,300 crore into its investment and private banking businesses to strengthen operations.

Indian markets opened higher on Thursday, driven by Financial Services and PSU Bank gains despite mixed global cues.

Karur Vysya Bank is expanding its reach and offering a wide range of banking services, including loans, deposits, and mobile banking.

IDFC FIRST Bank, in collaboration with RuPay, has introduced a new UPI-enabled credit card named FIRST EARN, offering instant online access.

Post-pandemic, Indian corporates prioritized healthier balance sheets. The demand boom following COVID-19 further supported this focus on reducing debt.

At 9:35 am, the Sensex was trading at 78,054.12, down 84.89 points or 0.11%. The Nifty stood at 23,617.55, declining by 27.25 points or 0.12%.

Indian stock market bounced back after a shaky start with initial losses led by declines in PSU banks, financial services, pharma, and FMCG sectors.

The Indian stock market opened the week down, facing selling pressure in sectors like automobiles, IT, and FMCG.

Top gainers in the Sensex included Bajaj Finance, Bajaj Finserv, HDFC Bank, Nestle India, Tech Mahindra, and TCS. In contrast, NTPC, Power Grid, Mahindra & Mahindra, Tata Motors, and SBI were among the top losers.