Analysts believe the recent stock market correction due to the ongoing conflict between Iran and Israel-US and resultant dislocations in stock prices, presents an opportunity to add 'better' stocks.
Analysts see the sharp correction in stock prices and dislocation in parts of the market as an opportunity for investors to review their portfolios and make appropriate changes.
Major lenders such as SBI, HDFC Bank, ICICI Bank, and Axis Bank have seen significant erosion in their market capitalisation since the start of West Asia war
Banking stocks witnessed a sharp decline today as West Asia conflict raised oil-linked inflation risks. Nifty Bank index fell 1.8 per cent on the NSE led by Axis Bank, HDFC Bank, and ICICI Bank
Holdings in SBI, ICICI Bank and HDFC Bank accounted for more than one-fifth of the losses for Life Insurance Corporation of India; while L&T alone created a 11 per cent dent, shows ACE Equity data.
Any impact on the oil infrastructure in case of a prolonged war could see the Nifty drop to 23,500 - 23,700 levels," says U R Bhat, co-founder & director of Alphaniti Fintech.
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The brokerage expects PSBs to continue growing well until the first half of FY27 (H1FY27), but said private sector banks (PVBs) could outperform thereafter
Stocks to buy today: Shrikant Chouhan of Kotak Securities suggests placing bets on ICICI Bank and Lupin; here's why
ICICI Bank & Max Health shares show bullish technical setups with breakout patterns and EMA crossovers, says Osho Krishan of Angel One. Check buy levels, stop loss, price targets for near-term upside
Reliance Industries currently ranks first with a market capitalisation, followed by HDFC Bank in second place and Bharti Airtel in third
At 11:55 AM on Wednesday; SBI's market cap stood at ₹10.78 trillion, as compared to TCS's market cap of ₹10.68 trillion on the BSE, the exchange data shows.
At 10:45 AM; the Nifty PSU Bank, Nifty Realty and Nifty Auto index were down in the range of 0.67 per cent and 2 per cent, as compared to 0.60 per cent decline in the benchmark Nifty 50.
Bank stocks rally on India-US trade deal, and hopes of the government raising FDI cap in PSBs to 49 per cent, and relaxing voting rights, believe analysts.
The stock price of SBI hit a new high of ₹1,083.95 on the BSE in Sunday's intra-day trade and has rallied 10% thus far in the calendar year 2026.
S&P Global Market Intelligence data compiled on January 21 shows that three Indian banks account for a major share of regional upside potential, even as several peers trade closer to fair value.
In the past six months, the stock price of SBI has surged 31 per cent, as compared to 10.2 per cent decline in market price of ICICI Bank and 8.6 per cent fall in HDFC Bank.
ICICI Bank shares fell over 2% after RBI flagged gaps in agri PSL classification, forcing higher provisions and a 4% drop in Q3 net profit
Reversal of provisioning is also expected to support the stock going ahead
HDFC Bank and ICICI Bank Q3FY26 results draw mixed analyst reactions. Here's why ICICI Bank shares fell and why HDFC Bank faces growth concerns.