Share price of Andhra Bank advances 5.60 percent on the exchange during mid-market trade, on Tuesday. The stock rally was led by after the state-owned lender said it will divest its stake either fully or partially in different joint venture companies.
PNB MetLife India Insurance Company Limited, which is among India’s top-ten life insurance players by market share, has got regulatory approval to float an IPO.
India’s largest lender State Bank of India (SBI) today announced results for the second quarter of the current financial year. Shares of SBI closed 3.77% on the NSE after it has reported good numbers for the second quarter ended September 2018.
Market closed lower on Monday, dragged by NBF companies after a govt raised concerns about liquidity in the sector.