Union Bank of India

Stock market today: Experts recommend these eight shares to buy today — NAM-INDIA, Laurus Labs, Mazagon Dock Shipbuilders, HDFC Bank, Lodha Developers, BEML, Ashok Leyland, and Union Bank of India

The state-owned bank is likely to launch its pension business in FY27, as new rules let banks independently sponsor funds. The move signals rising lender interest in the pension space.

The Nifty PSU Bank index fell nearly 2%, with all its constituents trading in the red. Bank of India, Union Bank of India, Punjab & Sind Bank and Canara Bank were the top index losers, falling more than 2% each.

Union Bank of India Q4 Results: Union Bank of India shares plunged sharply following the Q4 results announcement amid a sharp jump in provisions on a quarterly basis.

Shares of HDFC Bank, Yes Bank, Kotak Mahindra Bank, IDBI Bank and others will remain in focus on Monday. Here's a list of banks with their Q4 business updates for FY26.

Stock market today: The Indian stock market is likely to witness a negative start on Monday, led by weak global cues and the US-Iran war. Check out the list of stocks that will remain in focus amid uncertainty.

The Nifty PSU Bank index rose nearly 4% on March 20, reversing a previous 3% decline. Broader market gains and easing crude oil prices boosted sentiment. Key banks like Canara Bank and Union Bank saw significant increases, with all constituents trading positively.

The issue has a base size of ₹ 3,000 crore, with a greenshoe option of ₹ 4,500 crore.