Bank of Baroda and Punjab National Bank were up 5% each, while Federal Bank, IDFC First Bank and AU Small Finance Bank gained 4% each in Wednesday's trading session.
Engineers India, Indian Hotels Company, Marico, Navin Fluorine International, Asahi India Glass and Phoenix Mills from the Nifty 500 index also hit new life-time highs on Wednesday.
Divi's Labs surged 6% to a new high of ₹10,950 in Diwali-special Muhurat trading session, after the pharma company reported 64% surge in Q2 net profit.
Nifty Bank index jumped 3.45 per cent to 57,847, with all index constituents in the green. Nifty Financial Services, meanwhile, zoomed 4.24 per cent to 26,667.
In the past two weeks, the market price of Eternal, the parent firm of food-delivery marketplace Zomato and quick commerce platform Blinkit surged 18% on the BSE.
Nykaa offers an attractive combination of category leadership, strong execution, multiple growth levers, and improving profitability, says Shrikant Chouhan, Head of Equity Research at Kotak Neo.
HDFC Bank, ICICI Bank and Axis Bank report sequential declines in net interest margins as FCNR(B) deposits weigh on earnings, but expect recovery as funds are deployed
Stocks to watch: HDFC Bank, ICICI Bank, YES Bank, Axis Bank, Bajaj Finance, DLF, OMCs, NTPC, Bajaj Auto, Oberoi Realty, and more stocks will be in focus today.
Q2FY27 company results: Firms including IDBI Bank, Central Bank of India, Punjab & Sind Bank, India Cements, and Ixigo are also to release their July-September earnings today
HDFC Bank, ICICI Bank and SBI saw their market capitalisation decline in the July-September quarter, while Kotak Mahindra Bank overtook Axis Bank to become the fourth-largest lender by market value
At 10:31 AM on Wednesday, the Nifty Bank, Nifty Private Bank, Nifty PSU Bank and Nifty Financial Services traded up to 1% higher; while, the Nifty Auto and Nifty Realty remained in negative zone.
V N Srivatsan, who currently handles overseas banking compliance and data privacy at ICICI Bank, is proposed to join HDFC Bank on January 4, 2027, for a three-year term