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.
Axis Bank shares rallied to a 52-week high post December quarter results. At 11:25 AM, the stock was trading 5.55 per cent higher at ₹1,330 per share, emerging as the top gainer on the BSE Sensex.
Stocks to Watch today: Axis Bank, UltraTech Cement, IndusInd Bank, BPCL, Pine Labs, JSW Steel and PVR Inox are among the stocks to watch today, January 27, 2026
Following several quarters of slower growth, lenders reported double-digit loan growth in the Oct-Dec period, as the local festive season and sweeping consumption tax cuts spurred consumer spending
Axis Bank Q3FY26 results preview: Analysts expect a YoY decline in net profit amid muted NII growth and elevated provisions. Check Street estimates, NIM outlook, asset quality cues & key monitorables
Ajit Mishra of Religare Broking has recommended buying Axis Bank, HCL Tech, and Tata Steel shares today
Axis Bank share price hit a 52-week high at ₹1,308.40 and was trading close to its record high of ₹1,339.55 touched on July 12, 2024 on the BSE.
Stocks to buy, Jan 6: Shrikant Chouhan said that the financial profile of Axis Bank has improved steadily while Oil and Natural Gas Corporation's outlook continues to improve
The brokerage has reiterated its 'Neutral' rating on the stock with a target price of ₹1,300 after its interaction with the top management team of Axis Bank
Amitabh Chaudhry discusses RBI's new norms, potential capital infusion into Axis Finance, margin pressures, deposit trends, credit growth and regulatory changes shaping Indian banking
Stock Market Today: The BSE Sensex dropped to an intra-day low of 84,684, with Indian Rupee sliding to 91.05 versus the US dollar on Tuesday.
According to media reports, Global brokerage Citi Research said that Axis Bank management indicated a delay in net interest margin recovery
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.
Stocks to buy: Ajit Mishra of Religare Broking recommends buying Axis Bank, Glenmark Pharma, and United Spirits; also suggests Nifty trading strategy
The company is looking to raise 20 billion rupees through debentures and 30 billion rupees via a green shoe option
IIFL Capital forecasts flattish earnings for banks in FY26, but expects a strong rebound in FY27-28, with earnings CAGR of 21 per cent for private banks and 14 per cent for PSUs
UBS believes Axis Bank has moved past the most challenging phase of its operating cycle and is now positioned for a gradual re-rating.
Leading the list is GNG Electronics (Target: ₹482 | Upside: 52%), named by Nirmal Bang, which expects robust growth as the company benefits from the govt's 'Make in India' thrust on electronics mfg.
Nifty Bank index hit an intra-day high of 57,458.85 on the NSE, and was just 170-odd points shy from it's all-time high level of 57,628.40 registered on July 2, 2025.
Goldman Sachs expects Nifty Bank to outperform Nifty50 in the near-term, aided by easing regulatory norms and better liquidity