From Rs 36.51 (52-week low) to Rs 44 per share, the stock is up by 20 per cent and gave multibagger returns of over 2,000 per cent in 5 years.

The stock’s 52-week high is Rs 37.72 per share and the stock is up by 89.50 per cent from its 52-week low of Rs 18.45 per share.

The stock’s 52-week high is Rs 37.72 per share and the stock is up by 70 per cent from its 52-week low of Rs 18.45 per share.

Should you invest in this fund?

The budget's emphasis on creating more employment and pushing infrastructure development significantly benefits Canara Bank, voices Debashish Mukherjee, Executive Director, Canara Bank.

We recognise that banks are evolving into technology companies, and we are prepared for this transition.

The company has a market cap of over Rs 1,00,000 crore and has delivered good profit growth of 37 per cent CAGR over the last 5 years.

The stock is providing a good dividend yield of 2.17 per cent. 

Interview with Avnish Jain, Head (Fixed Income), Canara Robeco Mutual Fund

The stock gave multibagger returns of 115 per cent in just 1 year whereas BSE Sensex Index is up by 22 per cent.

The company has a market cap of over Rs 1,00,000 crore and has delivered good profit growth of 37 per cent CAGR over the last 5 years.

This company has given investors significant returns of over 330 per cent in the past 3 years.

Little did anyone anticipate the surprising turn of events on August 10, 2023, when Prime Minister Narendra Modi, amidst a spirited debate on a no-confidence motion, playfully suggested that stock market enthusiasts should explore the world of PSUs. Fast forward, and the PSU stocks embarked on a captivating journey akin to a fairy tale.

At noon on Monday, the headline equity indices, i.e. Sensex and Nifty 50 are trading marginally higher amidst extreme volatility & recession fears. 

On the other hand, Asia Pacific markets are seen giving mixed signals with Japan’s Nikkei 225 trading lower by 1.16 per cent while Shanghai climbing 0.29 per cent. 

PSU banks are an attractive play on the growing Indian economy as these banks have strengthened their balance sheet by fully providing for stressed accounts. The focus on improving underwriting practices is reflected in controlled slippages.

Interestingly, 10 out of 13 stocks managed to deliver positive returns in the last two years. Now, here comes the most fascinating thing which would leave everyone spellbound and it's the fact that not one or two stocks but as many as four stocks have turned into multi-baggers!  

On Wednesday, Sensex ended at 59,085.43, up by 0.09 per cent while Nifty 50 ended higher by 0.16 per cent at the 17,604.95 level.   

Media, telecom, realty, and private bank stocks were seen gaining whereas IT, pharma & auto stocks were moot on the bourses today.  

It is not a usual sight to see a backbencher topping the class but this actually took place on D-Street on Thursday. The backbencher sector is none other than Nifty PSU Bank

Titan and Canara Bank are in the news and trading 5.28 per cent and 5.58 per cent, respectively.  

The benchmark indices chose to end the week on a positive note for the second consecutive day. Replicating global trends and reacting to declining commodity prices, the domestic market opted to maintain a positive stance.  

Worries over interest rate hikes alarmed the investors during Friday's trading session. As a result, the benchmark indices started the trading session deep in the red. A sharp fall was seen in the US stocks as the market identified the need for a higher rate hike to sustain higher inflation levels affected the global markets with heavy selling.  

One such sector was Nifty PSU Bank, which gained as much as 16.45 per cent and emerged as the top-performing sector of the month. Interestingly, all the stocks of this sector have managed to deliver positive returns in the month of January. However, one stock that commands special attention is 

Amidst all this, there is one sector that has delivered a mouthwatering gain of over 7.5 per cent on an MTD basis and it is amongst the top-performing sector for the month of January 2022.