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NSE:UNIONBANK 2 December 2025 - 28 April 2026

India Stock Market Today: Sensex Slides, Nifty Tests 24,000 as Bank Stocks Stall Rally

India Stock Market Today: Sensex Slides, Nifty Tests 24,000 as Bank Stocks Stall Rally

Sensex dropped 359 points to 76,944.91 and Nifty 50 fell 86 points to 24,006.70 by 2 p.m. in Mumbai. State-run banks led declines after the RBI finalized new expected credit-loss rules, with the Nifty PSU Bank index down nearly 2%. Coal India, ONGC, and Oil India gained on earnings and firm crude prices but failed to offset broader losses. Market breadth was negative, with more stocks falling than rising.
Sensex slips again, Nifty ends below 25,700 as tariff worries bite — Infosys earnings land after the bell

Sensex slips again, Nifty ends below 25,700 as tariff worries bite — Infosys earnings land after the bell

Indian shares fell Wednesday, with the Nifty 50 down 0.26% and Sensex losing 0.29%, marking seven losses in eight sessions. Foreign investors have pulled $2 billion from Indian stocks this month. State-run banks outperformed, with Union Bank of India up 7.9% after a 9% profit rise, while IT stocks lagged. Markets will close Thursday for Maharashtra municipal elections.
Union Bank of India share price hits 5-year high after Q3 FY26 profit rises 9% and NPAs fall

Union Bank of India share price hits 5-year high after Q3 FY26 profit rises 9% and NPAs fall

Union Bank of India shares jumped nearly 8% to a five-year high after Q3 net profit rose 9% to 5,017 crore rupees and gross bad-loan ratio dropped to 3.06%. Net interest income increased 1% to 9,328 crore rupees. The Nifty PSU Bank index gained about 2% in afternoon trade. Bank of Maharashtra reported a 26.5% rise in quarterly profit on Tuesday.
Bombay Stock Exchange Today: Sensex Slips on Year-End Profit-Taking as BSE Bankex Revamp Kicks In

Bombay Stock Exchange Today: Sensex Slips on Year-End Profit-Taking as BSE Bankex Revamp Kicks In

The S&P BSE Sensex fell 0.43% to 85,041.45 and the NSE Nifty 50 dropped 0.38% to 26,042.3 in thin year-end trading Friday, but both indexes still posted modest weekly gains. BSE Bankex expanded to 14 stocks on December 26, adding Canara Bank, AU Small Finance Bank, Punjab National Bank, and Union Bank of India, with a new 45% cap on the top three constituents’ combined weight.
Union Bank Home Loan Rate Cut to 7.15%: Retail Borrowers Get Relief as Vikran Engineering Bags ₹2,035 Crore Solar EPC Order

Union Bank Home Loan Rate Cut to 7.15%: Retail Borrowers Get Relief as Vikran Engineering Bags ₹2,035 Crore Solar EPC Order

Union Bank of India has cut interest rates on home, vehicle, and personal loans by 30 to 160 basis points, effective December 18, 2025, following the RBI’s repo rate reduction to 5.25% earlier this month. Vikran Engineering secured a major solar EPC order in Maharashtra, triggering movement in its shares.
Yes Bank & Union Bank Join Nifty Bank, FinNifty Cuts HDFC & ICICI Weights as RBI Rate Cut Lifts Financials

Yes Bank & Union Bank Join Nifty Bank, FinNifty Cuts HDFC & ICICI Weights as RBI Rate Cut Lifts Financials

Yes Bank and Union Bank of India will join the Nifty Bank index on December 31, 2025, expanding it to 14 stocks to comply with Sebi rules. The Reserve Bank of India has cut the repo rate by 25 basis points, sending rate-sensitive stocks higher. New index caps sharply reduce the weight of HDFC Bank, ICICI Bank, and SBI. Nifty Bank will rebalance in four monthly phases through March 2026.
Union Bank of India Share Price Today: PSU Lender Near 52‑Week High on Heavy Volumes, Analyst Targets and RBI Penalties in Focus

Union Bank of India Share Price Today: PSU Lender Near 52‑Week High on Heavy Volumes, Analyst Targets and RBI Penalties in Focus

Union Bank of India shares hit a new 52-week high of ₹160.15 on 2 December 2025, rising about 3% by late morning on strong volumes exceeding 1.5 crore shares and ₹230 crore in value. The rally comes despite recent RBI penalties and softer Q2 FY26 earnings, with derivatives data showing heavy activity in ₹160 strike call options.
2 December 2025

Stock Market Today

  • Nvidia Stock Poised for Growth, Targeting $300 by 2027
    June 8, 2026, 11:14 AM EDT. NVIDIA delivered a record Q1 FY27 with $81.6 billion revenue, up 85.2%, driven by a 92% surge in its Data Center segment. Despite strong fundamentals and a 214.5% earnings growth projection, shares trade modestly at $205.10, partly due to market volatility and China-related restrictions. Wall Street's average price target stands at $298.42, suggesting 45% upside, while an internal model estimates a more cautious $255.67 by mid-2027. Achieving $300, implying a forward price-to-earnings ratio of 38, hinges on sustained AI-driven demand, backed by $119 billion in supply contracts and an $80 billion buyback plan. Challenges include potential hyperscaler capital expenditure slowdowns and ongoing geopolitical tensions. Overall, NVIDIA trades attractively at 26 times forward earnings amid rapid revenue and earnings growth, facing sentiment hurdles more than financial ones.

Latest articles

Oil Pops, Tech Moves Sideways as Iran-Israel Tensions Flare

Oil Pops, Tech Moves Sideways as Iran-Israel Tensions Flare

8 June 2026
Wall Street’s main indexes rebounded at Monday’s open as chip stocks recovered and easing Middle East tensions offset an early oil price jump; the Dow rose 0.26%, S&P 500 gained 0.77%, and Nasdaq advanced 1.38%, after Friday’s tech rout and amid concerns the Fed may keep policy tighter for longer following strong U.S. jobs data.
Wall Street Hit With New AI Bubble Jitters as Doubts Grow

Wall Street Hit With New AI Bubble Jitters as Doubts Grow

8 June 2026
U.S. stocks rebounded Monday after a $2 trillion wipeout led by chip stocks, but investors are questioning whether massive AI spending can deliver durable earnings as strong jobs data dims hopes for Fed rate cuts, raising pressure on high-priced growth shares.
Mortgage Rates Fall but Buyers Still Face Pressure

Mortgage Rates Fall but Buyers Still Face Pressure

8 June 2026
U.S. mortgage rates dipped to 6.48% from 6.53%, offering slight relief as the housing market faces falling listing prices—down 2.4% year-over-year to $429,500—but persistent high borrowing costs and strong jobs data threaten to push rates higher, risking further pressure on home sales and affordability.
QQQ Slides 4.8% But Options Market Sends Mixed Signals

QQQ Slides 4.8% But Options Market Sends Mixed Signals

8 June 2026
QQQ jumped 1.6% to $716.47 Monday after a 4.8% drop, as options data showed traders cautious but not panicked; the rebound follows a tech selloff sparked by Fed rate fears and AI spending doubts, while upcoming Nasdaq-100 rebalancing and new ETF competition add uncertainty for investors.
SOXL’s 433% Rally in AI Chip Sector Meets Sharp Pullback

SOXL’s 433% Rally in AI Chip Sector Meets Sharp Pullback

8 June 2026
SOXL surged nearly 15% to $209.62 Monday after last week’s 30.5% plunge, as chip stocks rebounded from a $1.3 trillion rout; leveraged ETF swings highlight the risks of daily resets, with Direxion and regulators warning these funds are trading tools, not long-term bets, especially as investors eye upcoming inflation data and Fed meetings.
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