Axis Bank Q1 results preview: The bank will hold a meeting of the Board of Directors on July 17, to declare Q1FY26 results. Find out what analysts expect from Axis Bank Q1 profit, NII, margins.
RBL Bank share price gained in trade today after foreign brokerage Citi reportedly placed the stock on a 90-day positive catalyst watch, citing expectations of a sharper improvement in RoAs.
Technical chart shows that the Nifty Bank has near resistance at 57,000 levels; above which the index can potentially rally past the 60,000-mark. Here are 5 banking stocks that can potentially rally.
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.
HDFC Bank, Bajaj Auto, Eicher Motors, L&T Finance and Prestige Estates can potentially rally up to 26% from present levels, indicate technical charts.
Bank stocks: Banks, Elara Capital said, saw softer earnings in Q4 as credit growth remained subdued, even as deposit mobilization improved.
At 01:37 PM; Nifty PSU Bank index, the top gainer among financial indices, was up 2.6 per cent, as compared to 0.25 per cent decline in Nifty 50.
At 9:17 AM, IndusInd Bank share price was off day's low, and was trading 2.39 per cent lower at ₹761.65 per share. In comparison, BSE Sensex was trading 0.17 per cent lower at 82,392.63 level.
SBI share price today: HSBC believes SBI may face strong margin headwinds ahead as the Reserve Bank of India (RBI) eases monetary policy further
RBI LCR norms: The guidelines, as per analysts at CLSA, could potentially infuse liquidity worth ₹2.5 trillion in the system, which is "modest but sentimentally positive"
Banks are well positioned to outperform, supported by robust balance sheets and the ability to navigate macro economic uncertainties, said a report from Motilal Oswal Securities
HDFC Bank stock was trading at ₹1.869.20, up 3.45 per cent from Friday's close of ₹1,806.75 on the National Stock Exchange
The upward movement in Federal Bank's stock price came after the Hong Kong-based brokerage CLSA initiated coverage on the stock with an 'Outperform' rating.
YES Bank reported a 6.8 per cent increase in total deposits to ₹2.84 trillion in Q4FY25 compared to ₹2.66 trillion in Q4FY24
Bank Nifty rollovers stood at 69.3 per cent, which was higher than the 3-month average and indicates positive sentiment at the counter, said Axis Securities report.
Bank stocks today: HDFC Bank, AU SFB, Bajaj Finance, Bajaj Finserv, and Axis Bank shares were ruling higher in trade on Tuesday, March 25
Bank Nifty: The index was quoting higher for the eighth straight trading day, having rallied 8 per cent during the period
Shares of IndusInd Bank, Kotak Mahindra Bank, HDFC Bank, and City Union Bank from the index were up in the range of 1 per cent to 4 per cent
The benchmark indices -Nifty and the 30-stock Sensex - entered the 'correction' zone, falling 15.2 per cent and 14 per cent, respectively, from their September peak
According to ACE Equity data, LIC and ICICI Prudential fund held more than 5% stake in IndusInd Bank; another 13 fund houses owned more than 1 per cent equity of the bank as of December quarter.