Beyond the core earnings trajectory, clarity on the tenure and succession plans of chief executives at large financial institutions will also be important for the sector, analysts said.
Oil prices spiked to near $110 a barrel, on track to end the week at over $100 a barrel for the first time since mid-May.
Stocks to watch today: Bandhan Bank, defence shares, RBL Bank, PVR Inox, Adani Power, Swiggy, Asian Paints, Molbio Diagnostics, IndusInd Bank, among others, will be in focus today.
The gains in bank stocks come against a backdrop of a sharp surge in foreign-currency inflows, which has boosted liquidity across the banking system.
Midcap bank stocks - Yes Bank, IndusInd Bank and Bank of India are trading up to 50-94% away from their respective all-time highs even as the Nifty Midcap quotes at new peaks, shows data.
The lender plans to restore industry-aligned growth in FY27, accelerate expansion in FY28 and outperform peers by FY29 after strengthening governance and its balance sheet
IndusInd Bank has posted a 72 per cent jump in its consolidated profit to ₹1,037.05 crore for Q1, and guided towards a stronger profit show going ahead.
The lender reported a 72% rise in June-quarter profit as lower provisions and easing slippages improved earnings despite modest NII growth and continued pressure on margins
According to Chandan Taparia of MOFSL, option data suggests a broader trading range between 23,800 and 24,600, while the immediate range is between 24,000 and 24,400
Tamilnad Mercantile Bank, ESAF Small Finance Bank, Equitas Small Finance Bank and CSB Bank were up in the range of 2% to 5% on the BSE in an otherwise tepid market on Tuesday.
Analysts at Emkay Global Financial Services believe that banks are likely to begin FY27 on a healthy note, with strong loan growth and resilient asset quality and treasury income gains.
The stock price of private sector lender - IndusInd Bank - quoted at its highest level since February 2026, and has rallied 10 per cent in the past week.
Stocks to watch today: HDFC Bank, Coal India, Tata Steel, Sobha Ltd, Bank of Baroda, Radico Khaitan, Senco Gold, Fortis Healthcare, IndusInd Bank, Dabur, among others, will be in focus today.
Hitesh Rathi of Angel One recommends adopting a buy on dips approach for the Nifty, with prior resistance zone of 24,180-24,100 now likely to act as an immediate support cluster.
Healthy credit growth and treasury gains are expected to lift banks' Q1FY27 profits, while asset quality remains stable despite concerns over the West Asia conflict
Public sector lenders Union Bank of India, Central Bank of India and Canara Bank posted double-digit growth in advances in April-June of FY27
In last two financial years, retail investors increased holding in 118 Nifty 500 stocks where FIIs cut stake; of these 65 stocks trade below March 2024 levels amid tepid market mood, shows data.
The complaint adds to mounting scrutiny of IndusInd Bank after its March 2025 disclosure of a ₹2,000 crore derivatives accounting discrepancy.
Stocks to buy today: Jatin Gedia of Teji Mandi Investment Technologies suggests buying the shares of 360 One Wam, Indusind Bank, and Bajaj Finserv
IndusInd Bank posted a net profit of ₹594.17 crore for Q4, as compared to a net loss of ₹288.71 crore a year ago.