India Market News Headlines

Indian shares fall; PNB drops for third day

Indian shares ended lower on Friday, as financial stocks fell with Punjab National Bank down for a third straight session after it said earlier this week that it had been hit by a $1.77 billion fraud.

Indian shares fall; PNB slumps for 3rd session

Indian shares fell on Friday as gains in IT stocks were offset by losses in financials, with Punjab National Bank plummeting further in a selloff triggered by a $1.77 billion fraud reported by the state-run lender earlier this week.

Indian shares end higher; PNB slumps for second day

Indian shares rose on Thursday tracking global markets, but Punjab National Bank fell for a second consecutive session after saying it unearthed $1.77 billion in fraudulent transactions, dragging down other state-run lenders.

Indian shares end lower; SBI drags

Indian shares ended lower on Wednesday, pulled down by state-run lenders such as State Bank of India which fell after the central bank recently unveiled tough rules for loan restructuring.