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BSE BANKEX-Banking Index
Commentary-Week ended July 23, 2010


To know more about BSE BANKEX.... Click here

For the week ended July 23, 2010 BSE Sensex and NSE Nifty gained about 1% each ending at 18,130 and 5,444 respectively.The Indian markets were cautious due the ongoing results season.

The BSE Banking Index was up by 0.8%. The top bank stocks who gained were Allahabad Bank (+ 7.3%), Indian Overseas Bank (+ 5.3%), Andhra Bank (+ 5%). Further, Axis Bank and Bank of India were up by around 2%.

Loosing bank stocks included OBC (- 2.4%), Kotak Mahindra Bank (- 1.7%) & Punjab National Bank (- 1.7%).



Click here for earlier Bankex commentaries

Assocham asks for more stock exchanges to ensure wider participation.. Click here

Proposal to form Sovereign Fund to rescue & arrest volatility in capital markets.. Click here

BSE, NSE likely to touch 20,000 and 6,000 marks by 2010, projects Assocham... Click here

Detailed Results of Banks in India-Third Quarter ended December 2009 .. Click here


BSE launched an IPO index on 24th August 2009 that will track the value of stocks for two years after listing. The index will track stocks that have a free float of more than Rs 100 crore on listing day. To know more about IPO INDEX....







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