Indian equity benchmarks ended higher on RBI's policy measures to spur credit flow, with banking stocks leading gains that helped markets break an eight-day losing streak
India's equity story hinges on consumption, selective midcap bets, and FII flows, while IT faces headwinds and banks offer steady value, says Mukherjee
Nomura's top picks in the current tariff scenario include ICICI Bank (Buy), State Bank of India (SBI) (Buy), and Axis Bank (Buy)
Yes Bank's share price was quoting 3.3 per cent higher at ₹20.2 per share against the previous close of ₹19.55 on the NSE
The public sector lender reported a 32.2 per cent year-on-year (Y-o-Y) rise in net profit levels during the quarter ended June 30, 2025, to ₹2,252 crore
The private bank reported a profit of ₹12.18 crore during the quarter ending June 30, 2025, as against ₹8 crore loss recorded in the corresponding quarter of FY25.
At 12:25 AM, shares of Union Bank of India were trading at ₹143.10, down by 2.19 per cent on the National Stock Exchange.
Bandhan Bank's profit after tax (PAT) figure experienced a double-digit drop of 65 per cent to ₹372 crore in the quarter ending June 30, 2025 from ₹1,063 crore recorded in Q1FY25
Motilal Oswal reckons Q3 to be a turning point for profitability in banks as margins are expected to stabilise and earnings to rebound; prefers ICICI Bank, HDFC Bank, and one other
HDFC Bank to announce Q1 results and consider a maiden bonus issue on July 19; technical chart suggests bias at the counter likely to remain favourable above ₹1,945 levels.
At 01:40 PM, Dhanlaxmi Bank shares were trading at ₹30.72, up by 2.57 per cent on the National Stock Exchange
RBI policy decision: RBI governor Sanjay Malhotra announced to cut 50 bps repo rate and 100 bps CRR; here's how analysts view the move
Despite private banks performing strongly in 2025 so far, the last three months have seen a sharp reversal, with PSU banks taking the lead.
According to analysts the valuation discount is largely due to poor show by banks in the previous five years
The Securities and Exchange Board of India (Sebi), based in Mumbai's Bandra Kurla Complex, is set to overhaul its operations by adopting a fully digital 'e-office' system
IIFL Capital estimated that these measures could boost banks' net interest margin between 1 basis point and 18 basis points and add about 1-4 per cent to net profit
In the past one month, HDFC Bank and ICICI Bank have outperformed the market by surging 10% and 9%, respectively, as against 4% rise in the Nifty 50.
Most of the Sensex gains were contributed by Axis Bank, which rose by 4.3 per cent; HDFC Bank, which rose by 0.7 per cent; and Bharti Airtel, which rose by 1.35 per cent
HDFC Bank on Monday cut its savings interest rate by 25 basis points to 2.75 per cent for deposits of less than Rs 50 lakh - its first reduction after five years
The Sensex rose 593 points, or 0.78 per cent, to end at 76,617, with HDFC Bank and ICICI Bank accounting for half of the gains