Sensex ends lower, after swinging over 600 points
Live MintIndian markets ended lower today after a volatile session as tensions between India and Pakistan escalated. Tables may be finally turning in PSU Banks vs NBFCs: Ambareesh Baliga The Nifty PSU banking index trading 0.33% higher after RBI takes three banks out of PCA framework. PSU banks rally as RBI takes three banks out of PCA framework PSU Bank stocks trading higher after the Reserve Bank of India removed Allahabad Bank, Corporation Bank and Dhanlaxmi Bank out of the prompt corrective action framework, subject to certain conditions and continuous monitoring. Asian markets edge higher Asian shares edged higher today the dollar fell to a three-week low after Federal Reserve Chairman Jerome Powell reinforced the US central bank's recent shift towards a more "patient" approach on policy in the face of a slowing economy. Max India exits health insurance biz Max India on Tuesday said it has sold its entire 51%stake in Max Bupa Health Insurance Co Ltd to private equity firm True North Fund VI LLP for over ₹510 crore.