News for UCO Bank (UCOBANK.NS)

The rate cut cycle - kicked off early this year - will continue for some time. There is no denying the fact that this will lead to lower interest rates on home loans,

Indias banking sector saw a mixed Q4FY25, with private banks lagging and small/mid-sized banks outperforming. ICICI and HDFC Bank posted healthy profits, while SBI and Kotak disappointed. Public sector banks reported strong PAT growth. Analysts expect double-digit earnings growth in FY26, with multiple brokerage buy calls on leading banks.

The NSE Nifty 50 may find immediate support at 24,600. On the upside, 25,000 remains a key resistant zone.

The NSE Nifty index closed 34.11 points down at 24716.6

The stocks with highest cuts include Sterling and Wilson Renewable Energy, Siemens and Punjab & Sind Bank (PSB) which have fallen by 64%, 60% and 59%, respectively.

The Great Property Sell Fest, a pioneering real estate event in association with The Times of India, is set to revolutionize property transactions in Gurugram, Noida, and Panipat from May 16-18, 2025.

In 2025, the Reserve Bank of India has already reduced the benchmark repo rate twice, leading to a dip in home loan interest rates to below 8% — the lowest since 2022. This decline in rates presents a valuable opportunity for homebuyers and homeowners, as it reduces interest outflows and enhances loan affordability.Data compiled by BankBazaar indicates that several banks and financial institutions are now offering home loans at competitive interest rates, ranging from 7.5% to 10%. Here’s how banking stocks have performed since RBI rate cuts: Home loan attractive amid falling interest rates

India Business News: Public sector banks in India have achieved a record cumulative net profit of Rs 1.78 lakh crore for FY25, a 26% increase from the previous year. All 1

Sensex, Nifty updates on 9 May 2025: Stock markets plunged over 1% on Friday amid escalating tensions between India and Pakistan, sparking fears of a prolonged conflict. The BSE Sensex fell 880 points to 79,454.47, while the NSE Nifty declined 266 points to 24,008.

PSU bank stocks have underperformed in 2025, with several falling sharply despite decent Q4 earnings and macro tailwinds. SBI's results and performance remain critical for a sectoral revival. Technical charts indicate bullish potential, and analysts suggest being stock-specific, favouring names like SBI and Bank of Baroda.

Planning a home loan in May 2025? The Reserve Bank of India (RBI) has reduced the repo rate. The new rate is now 6.00%. This reduction may lower home loan interest rates.

Q4 Results Live Today 1st May 2025: Get the latest Q4 2025 earnings updates for Adani Enterprises, Adani Ports, Zomato, Home First Finance Company India, Nuvoco Vistas Corporation, Jaiprakash Power Ventures, Railtel Corporation of India, SIS, Bondada Engineering, Paushak, Sportking India, 5paisa Capital, Madhav Infra Projects, Dr Lalchandani Labs. Adani Power, Indian Oil Corporation, Varun Beverages, Exide Industries, Vedanta, INDUS TOWERS and more announced Q4 results yesterday, April 30, 2025.

Veefin Solutions reports 54% profit increase in FY’25, expanding globally with AI-driven credit solutions for MSME financing.

The NSE Nifty index was trading 7.16 points down at 24328.8

Indian markets closed higher for a second straight day on Tuesday, supported by FII inflows and hopes of a U.S. trade deal, though gains were limited by geopolitical tensions and mixed Q4 earnings.

The Nifty Pharma index closed 1.06 per cent down at 21676.65.

The Nifty Auto index closed 0.24 per cent down at 22299.05.

The Nifty IT index closed 1.23 per cent up at 35920.4.

The NSE Nifty index closed 7.46 points up at 24335.95