The performance of banking stocks is likely to weigh on the markets
ICICI Bank stock has corrected 37 per cent in three months. But investors should not rush into it
After dropping 6% a day earlier, the markets attempted to rebound with the Sensex gaining as much as 550 points intra-day amid gains in the global markets
Large brokerages are fast losing their conviction on the sector that has multiple challenges
The weight of FMCG, software and pharma companies in Nifty now at 31.5% from 25.3% in December 2017
Provisioning costs higher than expected; FY21 EPS estimated to decline by 2-4 per cent
As the new management looks to focus on balance sheet, growth may take a backseat
Marque stocks are available at significantly lower valuations, but near-term risks may not be fully priced in
Whenever a stock witnesses higher volumes, which is normally stronger than earlier candles, it indicates severe pressure.
In general, the exposure of banks to the entire telecom sector ranges between 10% and 30% of their total equity with Yes Bank having the highest exposure of 29% amongst private banks
The figure was Rs 985 crore in the same quarter a year before
Loan and deposit accretion may slow down the current operating environment
Investors, however, booked profit at most banking counters with shares of SBI, Axis Bank, HDFC Bank, YES Bank, Punjab National Bank, Bank of Baroda, and The Federal Bank down up 2.7 per cent.
Based on recent brokerage recommendations, here are six stocks - three that have seen an increase in their target price since June, and three that have seen a cut
Meanwhile, there is enough evidence to indicate that NBFCs, real estate sector and retail loans may not presently be in a safe zone for banks to be complacent about
Receding asset quality worries and strengthening of fundamentals, especially on loan growth, among reasons for bullish view
the asset quality problem and tighter Reserve Bank of India norms around bad loan disclosure would lead to drop in earnings at banks in the coming quarters
With bond prices likely to be under pressure for some time due to the increase in fiscal deficit
The slide in banking stocks came a day after the Reserve Bank of India (RBI) policy meeting
Of the 18 QIPs that raised Rs 34,349 crore in CY17, stocks of 16 are trading above their QIP issue p