Norms governing investments by provident funds bar these from depositing funds in a commercial bank in case the NPAs of that bank exceed two per cent of net advances.
Ad rates on regular days are less than half, media planners said.
Metal stocks also had a good session, with JSW Steel zooming by 7%, and Tata Steel and Nalco gaining about 3% each.
The broader markets were also in top gear, with the BSE midcap index surging by 2.1% at 11,431 and the smallcap index gaining 1.4% at 11,735.
'The government is encouraging consumption through fiscal spending in a bid to push up economic growth in the face of a slowdown in corporate investment and exports.'
Sensex, Nifty slightly upbeat, midcaps to rule markets this week.
Tamal Bandyopadhyay details HDFC Bank's digital journey.
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
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The S&P BSE Sensex ended 190 points up at 23,382.
Brokers said a flurry of buying by investors in blue-chips mainly influenced the sentiment.
'There is a law that prevents the government from diluting its equity in the PSBs below 50 per cent.' 'That law has to be amended and given the parliamentary arithmetic of the political parties, it is not as simple to do that.'
Ruling out a cut in lending rates, bankers said the status quo policy stance of the Reserve Bank will be followed by them, at least in the near-term.
Cilic's booming serve lacked its usual accuracy and Germany's Kohlschreiber was able to control long rallies, pushing the towering Croatian around the court with pinpoint groundstrokes en route to a quick victory.
IMAGES from the matches played at the PNB Paribas Open at Indian Wells on Sunday
Bankers of HPL too have endorsed the idea and are pitching hard for the chairmanship of Chatterjee.
Raghuram Rajan's 'surgery' uncovers more bad loans
Nifty September F&O series ended lower after seven consecutive positive series with Metal Index falling the most
Despite intermittent attempts by lenders to come out with fixed rate home loan products, the high interest rates (as compared to floating rate home loans) ensured that they were not considered as a real option by consumers.
Despite high exposure of public sector banks to power, iron and steel sectors, analysts remain in a wait-and-watch mode.
The previous bout of Fed withdrawal fears had threatened to spark a crisis of confidence in India -- sending the rupee to a record low of 68.85 in late August and leading to steep falls in bonds and stocks.
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Bank stocks have underperformed in the second quarter of FY'14 with the BSE Bankex declining 18 per cent compared to fall of 1 per cent in the BSE 30-stock index, Sensex, during this period.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
SBI, PNB, Bank of Baroda, Canara Bank, Dena Bank, Central Bank of India ended down 3%-12% each.
The 30-share Sensex was up 188 points at 28,415 and the 50-share Nifty was up 58 points at 8,584.
A steep decline in the Asian equities after crude oil fell to its lowest since September 2003 dented sentiments.
The question being silently telegraphed around the court room was: When did this happen? Wasn't this trial about Indrani murdering her daughter to prevent her from marrying Rahul Mukerjea, her husband Peter Mukerjea's son from his first marriage?
IIP for November 2015 and CPI for December 2015 will be announced today.
BSE Bankex and Telecom indices led the fall.
Investors will keenly watch out for the Futures & Options expiry for July on Thursday
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
Maharashtra and West Bengal lead the way in bank fraud.
The rally in index heavyweight ITC has boosted the sentiment across the board.
The 30-share Sensex ended higher by 177.46 points at 28,885.21 and the Nifty gained 63.90 points at 8,778.30.
State Bank of India's push among fellow bankers to appoint an external agency to run debt-heavy Bhushan Steel might not be smooth sailing.
'The Modi government has been taking credit for improvement in respect of the ease of doing business in India.' 'But when I look at the scams I cannot help feeling that it is too easy to do business with banks in India, if one is a Harshad Mehta, Vijay Mallya or Nirav Modi and their tribe,' says former Union home secretary Madhav Godbole.
NHAI to pay only Rs 175-200 cr as it takes over from concessionaire
Weak monsoon forecast rekindled fears of higher inflation.
Deal with current owner Exide may be signed next week
Bharti will move FIPB soon for increasing Axa's stake to 49%
