Banking Shares

The brokerage argued that the profitability downcycle, marked by several quarters of net interest margin (NIM) compression and elevated credit costs, is now behind the sector.

As per the new rules, the index must include a minimum of 14 constituents, compared with the current 12, while the weight of the top constituent will be capped at 20% - down from 33% presently.

Nomura has picked ICICI Bank, State Bank of India (SBI), and Axis Bank as its top picks to play this recovery trend.

On the bourses, SBI share price rose as much as 1.76 per cent to an intraday high of ₹818.75 per share.

YES Bank's share price rose today, buoyed by its strong financial performance in the June quarter of FY2026 (Q1FY26).

Following the surprise resignations of its MD & CEO and Executive Director, Karnataka Bank says it remains strong and well-capitalised, and begins search for replacements

Jana SFB shares advanced after the lender submitted an application to the Reserve Bank of India (RBI), seeking its approval to convert from a Small Finance Bank to a Universal Bank.

Shares of SBI and Axis Bank can potentially rally to new life-time highs, suggests technical charts. Bank of Baroda stock too can jump another 14% from present levels; here are the key levels to track

An Axis Securities note provides a sector-wise distribution of stocks trading above key Exponential Moving Averages. EMAs give more weight to recent prices, making them more responsive to new triggers

The rally in Bandhan Bank's share price followed an upgrade from Hong Kong-based brokerage firm CLSA, which raised its rating to 'High Conviction Outperform' from the previous 'Outperform' rating

Analysts believe SBI could sustain its outperformance (vs. private peers) in unsecured retail in the current environment, as delivered during the pandemic.

Realty firm Suraj Estate Developers has raised Rs 343 crore through issue of shares and warrants mainly to buy land and meet its working capital requirements. The company has secured funds through preferential allotment of equity shares amounting to about Rs 243 crore and an additional sum of around Rs 100 crore through issue of convertible share warrants. The funds will be utilised for land acquisitions, working capital, general corporate purposes, and issue-related expenses, Suraj Estate said in a statement. A group of high-net-worth individuals, asset management funds and family offices participated in the successful fundraising round. Rajan Meenathakonil Thomas, Chairperson and Managing Director at Suraj Estate Developers, said, "This timely fund raise will provide us with the growth capital to expand our operations and diversify our product offerings. We will strategically utilize these funds to strengthen our position in the residential and commercial real estate segments, ..

The excitement around India's largest IPO is being dampened by evident weakness in demand for cars in India as well globally

HDFC Bank has previously indicated that it will grow its advances at a slower pace than its deposits, as it seeks to bring down its elevated loan-deposit ratio to pre-merger levels

In one week, the stock of the second largest private sector lender has outperformed the market by gaining 3.5 per cent, compared to the 1.9 per cent rise in the BSE Sensex.

The Nifty PSU Bank index, the top loser among sectoral indices, was down 1.1 per cent at 6,581.40, as compared to the 0.16 per cent rise in the Nifty 50 at 11:14 AM on Monday.

Fino Payments Bank surged 8 per cent on the BSE to hit an over two-year high of Rs 449.95 in Thursday's intra-day trade.

The share price gained after the public sector bank on Monday reported a 46.6 per cent year-on-year rise in profit after tax (PAT)

The combined market-capitalisation (market-cap) of the top 25 banks globally rose 5.4 per cent quarter-on-quarter (QoQ) in the April - June 2024 period (Q1-FY25)

ICICI Bank, IndusInd Bank, IDFC First Bank, Bandhan Bank and Federal Bank from the private sector and Bank of Baroda PNB and SBI from the public sector slipped in the range of 1 per cent to 3 per cent