Stocks to watch today: ICICI Bank, LIC, SBI, Dixon Tech, TCS, NMDC, JSW Steel, RVNL, Tata Motors, CG Power, BEML, among others, will be in focus today.
RBI has approved LIC to acquire up to 9.99 per cent of ICICI Bank's paid-up share capital or voting rights within one year, subject to regulatory conditions
The gains in bank stocks come against a backdrop of a sharp surge in foreign-currency inflows, which has boosted liquidity across the banking system.
Meesho's shares will remain in focus after a likely block deal to sell 1.5 per cent of Meesho's paid-up equity by SoftBank Vision Fund entity SVF II Meerkat is expected today.
The private sector lender deployed around $9 billion as loans and issued standby letters of credit worth $3.63 billion against deposits mobilised under the facility
The lender bought about 29 million shares through the stock exchange mechanism between July 22 and September 2, taking its holding in the life insurer to 52.8 per cent
MOFSL noted that public sector banks continue to command the highest market share in gold loans at 60 per cent as of March 2026.
The lender has also issued $3.63 billion in guarantees to other banks for loans backed by the deposits In June, the Reserve Bank of India introduced a set of foreign exchange measures
PVR Inox approved a buyback of up to 20,68,965 fully paid-up equity shares at ₹1,450 per share, for an aggregate amount of up to ₹300 crore.
ICICI Bank's market capitalisation has risen fourfold over six years, while HDFC Bank's has doubled, narrowing the valuation gap between the two lenders
The latest issue takes the lender's dollar debt fundraising to $2.05 billion in about a month as Indian banks accelerate overseas borrowing ahead of the RBI swap window's early closure
The nation's second-largest private lender first signed a loan agreement with Bank of America Corp. for about $1 billion
HSBC had earlier upgraded Indian equities to "Neutral" from "Underweight" and raised its 2026-end target for the BSE Sensex index to 84,000 levels.
HDFC Bank and ICICI Bank have raised FCNR(B) deposit rates as lenders compete for foreign currency inflows ahead of the RBI's September-end swap window deadline
This is ICICI Bank's first dollar bond issuance since 2017 and also the largest single tranche dollar bond issuance by an Indian issuer in 2026
Om Mehra, technical analyst of SAMCO Securities believes that ICICI Bank sharp price can rally to a new high; while the key support for HDFC Bank stock now stands at ₹772 on the charts.
ICICI Bank's Q1 FY27 earnings beat estimates on strong loan growth, higher fee income and lower credit costs, leading analysts to raise earnings forecasts
HDFC Bank and Axis Bank were down 5 per cent each, while Yes Bank and Kotak Mahindra Bank from the Nifty Bank index were down 4 per cent each in intra-day deals on Monday.
ICICI Bank share price jumped 2.5 per cent in early trade on Monday after better-than-expected Q1 results. Brokerages see up to 25 per cent upside for the stock.
SML Mahindra, UltraTech Cement, Karur Vysya Bank and BlueStone Jewellery among top stocks slated to post their Q1 results today.