Market News

Banking sector Q4 results: NIMs likely bottomed out, business momentum improves; Axis Bank, DCB Bank among top picks

Equirus Securities expects repo hikes in the second half of FY27, which would be NIM supportive for private banks. While it sees reasonable upside across all large private banks, it prefers Axis Bank within that pack. Within mid-private banks, it likes Karur Vysya Bank and DCB Bank.