Page 6 - Bank Stocks

Private banks gain up to 4%; Axis, ICICI hit new highs; HDFC nears summit

At 02:04 pm; Nifty Private Bank index was up 1.7 per cent, as compared to 0.65 per cent rise in the Nifty 50 and 0.20 per cent gain in Nifty PSU Bank index.

ICICI Bank share price hits record high today, gains 9.5% from June 4 low

ICICI Bank has been consistently outpacing system credit growth, driven by higher growth in retail and SME segments

Rate sensitive shares trade firm as RBI keeps repo rate unchanged at 6.5%

At 10:40 am; Nifty Bank, Nifty Financial Services, Nifty Private Bank, Nifty PSU Bank, Nifty Auto and Nifty Realty index were up in the range of 0.60% to 1.07%.

RBL, IndusInd, Bandhan Bank become 'value' buy, soar up to 7%; here's why

Shares of RBL Bank, IndusInd Bank, Bandhan Bank, and City Union Bank surged by 7.2 per cent, 6.7 per cent, 6.6 per cent and 6.4 per cent, respectively in intraday deals

Nifty Bank hits 50,000 mark for the first time ever; Check key reason

Surpassing the 50,000-mark for the very first time, the index's ascent can also be attributed to robust Q4 GDP figures, and S&P recent upgradation of India's rating to positive

SBI stock may gain 22% to hit Rs 1,000-mark, rally may be gradual: Analysts

SBI stock price: On the bourses, SBI stock price hit a record high of Rs 839.6 apiece on the BSE, soon after the result announcement on May 9

Here's why PFC, REC, PNB, BOB, SBI slipped up to 9% on May 06

The RBI, on Friday, proposed to set a floor for banks' loan exposure for project finance for consortium lending and mandated 5 per cent standard asset in the construction phase

This recently listed small finance bank stock surges 20% on strong results

Jana Small Finance Bank stock update: The stock rallied to its highest level post listing after the bank reported significant improvement in NPAs.

Bank shares dazzle; ICICI m-cap hits Rs 8 trn; SBI, Indian Bk soar up to 5%

Bank Nifty hit a new all-time high on Monday led by a rally in ICICI Bank post inline Q4 results. Analysts upbeat on future prospects of the private sector bank.

Bandhan Bank stock hits 4-year low; Ghosh's retirement plan weighs

In past two weeks, the share price of Bandhan Bank has declined 14 per cent after Chandra Shekhar Ghosh, MD and CEO of he bank, on April 5 said would retire after the completion of his current tenure

Bandhan Bank tanks 9% as MD & CEO Ghosh announces retirement plan

Chandra Shekhar Ghosh, Managing Director and Chief Executive Officer (MD and CEO), who has led Bandhan Bank since 2015 said would retire after the completion of his tenure on July 9.

Banks set to gain as bond yields soften 14 basis points in a quarter

Market participants said that the yields fell in FY24 on the back of foreign inflows and favourable demand-supply dynamics over the year

IDFC First Bank slips 3% after over 2% equity change hands in block deals

As per reports, Cloverdell Investment, an affiliate of US-based Warburg Pincus, planned to sell 159 million shares in IDFC First Bank through the block deal route on Thursday.

Strength in SBI stock going ahead will depend on earnings growth: Analysts

While analysts do not see a specific tailwind that can cause a re-rating in the short term, they see headroom for outperformance in long-term

Goldman Sachs downgrades SBI, ICICI Bank, says 'Goldilocks period' ending

The brokerage has downgraded SBI and ICICI Bank to 'Neutral' from 'Buy'; and downgraded YES Bank to 'Sell' from 'Neutral'

Bank stocks outperform markets on Tuesday; HDFC Bank rises 2%; here's why

Shares of HDFC Bank gained 2 per cent to Rs 1,447.5 apiece in the intraday trade after global brokerage Citi gave a 'buy' rating

HDFC Bank, Axis Bank: Why banks have taken a beating post the RBI policy?

A status quo on interest rate meant lenders may have to either hold or raise rates further in a bid to mobilise higher deposits

Worst not over for bank stocks; sit on the sidelines for now, say analysts

The recent quarterly results of HDFC Bank and Axis Bank had disappointed the street, which in turn triggered market-wide selling by FPIs, especially in banking counters

Axis Bank sinks 6% in sharpest fall in 5 months; Motilal downgrades stock

MOFSL said an elevated CD ratio will constrain credit growth, while continued re-pricing of deposits will likely exert pressure on margins in the coming quarters.

Nifty PSU Bank, Financial Services Indexes flash caution signal

According to Ravi Nathani, an independent technical analyst, the Nifty PSU Bank index hints of a peak at 5,920, while the Financial Services Index faces stiff resistance at 21,625.