Axis Bank, Karnataka Bank, PNB, AU Bank and City Union Bank are the 5 bank stocks identified by Ajit Mishra of Religare Broking and Hitesh Rathi of Angel One based on the technical chart set-up.
Ather Energy, Craftsman Automation, Samvardhana Motherson International and TVS Motor Company from the automobiles and auto parts sector also hit new highs in trade on Thursday.
Market outlook: Nifty, Bank Nifty likely to extend gains, says Jatin Gedia of Teji Mandi. The analyst recommends buy on AU Bank, Exide Industries and Ramco Cements.
Trading strategy, stock picks today: Jatin Gedia of Teji Mandi Investment Technologies decodes key levels to track on Nifty, Bank Nifty; and 3 stocks to buy basis on technical charts.
In a notification issued on February 18, the state government stated that no government funds will henceforth be parked, deposited, invested, or transacted through these banks
Om Mehra, tech analyst at SAMCO Securities highlights that Torrent Pharmaceuticals after a recent consolidation phase, has witnessed a strong breakout above ₹4,200 levels.
Stocks to watch today, Wednesday, January 21, 2026: Cyient DLM, Shoppers Stop, HDFC Bank, Tata Steel, and Vikram Solar are among other key stocks to track today.
Financial shares rally on Monday: In the past one week, the BSE Financial index has outperformed the market by gaining 2.2%, as compared to 0.7% rise in the BSE Sensex.
AU Small Finance Bank in focus: The Finance Ministry has increased the foreign investment limit in the private-sector bank from 49 per cent to 74 per cent.
Notwithstanding the strong rally in the stock price, the brokerage firm remains excited about AU SFB's growth and earnings prospects and reiterate it as preferred BUY in the mid-size banking space.
Analysts believe AU SFB's RoE delivery should improve from H2 aided by decline in credit cost, recovery in NIM, sustenance of fee growth, acceleration in loan growth, and controlled opex growth.
South Indian Bank, Federal Bank, AU SFB and RBL Bank hit their respective 52-week highs on the BSE in intra-day trade on Monday on the back of strong earnings and RBL Bank deal.
On the bourses, AU SFB share price was buzzing in trade in a subdued market on Tuesday, September 23, 2025, with the scrip rising as much as 3.83 per cent to hit an intraday high of ₹733.25 per share.
AU Small Finance Bank becomes the first SFB to receive RBI's in-principle approval to transition into a universal bank, expanding its product reach and lending base