Page 9 - Bank Stocks
Rate sensitives' display mixed trend after RBI hikes repo rate by 25 bps
At 11:00 am; Nifty Bank, Nifty Private Bank, Nifty PSU Bank and Nifty Financial Services are trading almost flat, as against 0.58% rise in Nifty 50.
 "Rate sensitives' display mixed trend after RBI hikes repo rate by 25 bps")
TMS Ep363: Vodafone Idea, Air India, bank stocks, lab-grown diamonds
Is Vodafone Idea out of the woods? Is Air India turning the corner under new management? Is the selling in bank stocks after Adani group fallout overdone? What are lab-grown diamonds? All answers here
 "TMS Ep363: Vodafone Idea, Air India, bank stocks, lab-grown diamonds")
SBI Q3 profit may rise nearly 60% YoY; deposit growth could outrun peers
SBI Q3 preview: Brokerages believe the lender may report loan growth of 17-19 per cent year-on-year (YoY), in-line with industry growth
 "SBI Q3 profit may rise nearly 60% YoY; deposit growth could outrun peers")
Sell-off in Adani, bank stocks turn investors poorer by Rs 11 trn in 2 days
The sell-off in Adani Group firms has wiped out $45 billion of investors' wealth over the last two sessions after Hindenburg Research alleged "brazen stock manipulation"
 "Sell-off in Adani, bank stocks turn investors poorer by Rs 11 trn in 2 days")
ICICI Bank best placed to face NIM shock; analysts see up to 44% upside
ICICI Bank Q3 result review: ICICI Bank, on Saturday, reported a beat on profitability at Rs 8,312 crore, led by strong growth, superior margin delivery, and contained operating expenditure
 "ICICI Bank best placed to face NIM shock; analysts see up to 44% upside")
YES Bank tanks 12% on heavy volumes as Q3 net plunges 81%
The management said it would be difficult to give guidance on margins (NIMs) due to pressure from pricing deposits.
 "YES Bank tanks 12% on heavy volumes as Q3 net plunges 81%")
BoI's Q3 net profit rises 12% YoY to Rs 1,151 cr on improvement in NIM
In a filing with BSE, BoI said its net interest income (NII) was up 64 per cent YoY in Q3 to Rs 5,596 crore
 "BoI's Q3 net profit rises 12% YoY to Rs 1,151 cr on improvement in NIM")
HDFC Bank shares fall post Q3 as moderating loan, deposit growth weighs
Analysts expect HDFC Bank's stock to perform gradually until the margin profile revives, and the merger-related overhang eases
 "HDFC Bank shares fall post Q3 as moderating loan, deposit growth weighs")
Stocks to Watch: Elin Electronics, Cipla, Eicher Motors, RIL, Banks, Pharma
Stocks to Watch: Elin Electronics to debut today, the stock is likely to list on a quiet note.
 "Stocks to Watch: Elin Electronics, Cipla, Eicher Motors, RIL, Banks, Pharma")
Equity benchmarks slip for third day, Sensex finishes below 61,000 mark
Surrender early gains; banks, automotive stocks among biggest losers
 "Equity benchmarks slip for third day, Sensex finishes below 61,000 mark")
City Union Bank tumbles 9% as RBI finds divergence of additional gross NPA
The Reserve Bank of India found divergence of Rs 259 crore in additional gross NPA for the financial year 2021-22.
 "City Union Bank tumbles 9% as RBI finds divergence of additional gross NPA")
Stock price of these two PSU banks have zoomed around 150% in last 22 days
In past one month, the stock price of UCO Bank zoomed 151%, while of Punjab & Sind Bank by 147%, as compared to 23% rise in the Nifty PSU Bank index and less than 1% gain in Nifty 50.
 "Stock price of these two PSU banks have zoomed around 150% in last 22 days")
Axis Bank stock hits lifetime high, rises 4% in 3 days on a stable outlook
Focus on risk adjusted business growth and improving margin trajectory is seen aiding return ratios with sustainability of performance to drive valuation ahead for Axis Bank, analysts
 "Axis Bank stock hits lifetime high, rises 4% in 3 days on a stable outlook")
Stocks to Watch: Auto, Voda Idea, Axis, IDBI Bank, Dabur, Spandana Sphoorty
Stocks to Watch Today: Markets to track Gujarat, Himachal Pradesh assembly results. Shares of rate sensitive sectors to be in focus as RBI policy signals likely further rate hikes.
Rate sensitive shares trade mixed as RBI hikes repo rate by 35 bps to 6.25%
At 10:35 AM; Nifty Bank, Nifty Financial Services, Nifty PSU Bank and Nifty Private Bank indices were up in the range of 0.10% to 0.90%; while Nifty Auto and Nifty Realty indices slipped up to 0.2%.
 "Rate sensitive shares trade mixed as RBI hikes repo rate by 35 bps to 6.25%")
Stocks to Watch: HDFC AMC, Voda Idea, IDBI Bank, Bikaji, Axis, ICICI Bank
Stocks to Watch Today: Shares of rate sensitive sectors such as auto, banks, NBFCs and real estate are likely to be in focus owing to the RBI policy announcement on Wednesday.
 "Stocks to Watch: HDFC AMC, Voda Idea, IDBI Bank, Bikaji, Axis, ICICI Bank")
After the runaway rally, analysts say shift from PSBs to private peers
Private sector banks' outlook is brighter on a relative basis, and the players will outperform benchmark indices from a 6-12 months' perspective, analysts say
 "After the runaway rally, analysts say shift from PSBs to private peers")
TMS Ep315: E-rupee, Vande Bharat, Bank stocks, Alternative investment funds
What does e-rupee mean for you? Who's the brain behind Vande Bharat? Is it time to shift to private bank stocks? What are Alternative Investment Funds? All answers here
 "TMS Ep315: E-rupee, Vande Bharat, Bank stocks, Alternative investment funds")
Q2 Impact: SBI, BoB may see another 25% upside, UCO Bank 50%, hint charts
SBI hit life-time high, while Bank of Baroda registered a new 52-week high in trades on Monday after the banks reported strong Q2 earnings over the weekend. Here's what the charts indicate ahead.
 "Q2 Impact: SBI, BoB may see another 25% upside, UCO Bank 50%, hint charts")
After meeting Q2 expectations, HDFC's growth outlook appears healthy
Analysts positive on stock, expect it to trade in the Rs 2,750-Rs 3,000 range
 "After meeting Q2 expectations, HDFC's growth outlook appears healthy")