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Stocks To Watch Today: HDFC Bank, Kotak Mahindra Bank, Yes Bank, Axis Bank, Dabur, Godrej Consumer Product, Vedanta & More
Here's a look at stocks that are likely to be in focus during the trading session on Thursday.
Sensex Today | Stock Market LIVE Updates: GIFT Nifty rises over 140 points; Bajaj Finance in focus
Sensex Today | Stock Market LIVE Updates: With IT seeing some short-covering on Thursday, banks took a break, even as the Nifty Bank managed to defend the 58,000 mark at close. Financials will continue to remain in the spotlight due to the quarterly business updates reported by a host of names, including PNB, CSB Bank, and most importantly, Bajaj Finance. Adani Enterprises has launched a QIP to raise funds keeping it in the spotlight as well.
Stocks in news: Marico, Adani Enterprises, Tata Motors PV, PB Fintech, PNB
Indian markets saw a second day of gains, with the Nifty reclaiming its 100-day moving average, signaling a bullish trend. Key companies like Marico, Tata Motors PV, and Adani Enterprises are in focus due to strong Q1 updates and fundraising plans. PNB and Bank of India reported significant credit growth, while HDFC Bank is enhancing its AI and fraud detection capabilities.
Inside the leadership change at Kotak Mahindra Bank
The new CEO of the bank will have his task cut over, after taking charge from incumbent Ashok Vaswani.
Kotak Mahindra Bank's shares tumble over 3% on CEO Ashok Vaswani's exit
Stock declines over 3% after Ashok Vaswani says he will step down in December, with brokerages warning leadership succession uncertainty could weigh on sentiment
SBI Securities prefers HDFC Bank, sees long-term upside in metals
Sunny Agarwal, Head Fundamental Research, Retail Desk at SBI Securities, remains positive on private banks, preferring HDFC Bank over Kotak Mahindra Bank after the lender received a clean legal review. He says Persistent Systems' acquisition benefits may take up to eight quarters to materialise, while slower growth remains a near-term concern. Agarwal is also bullish on the metals sector, with Indian Metals & Ferro Alloys as his top pick, and remains positive on Astral over the long term despite near-term challenges.
Kotak Mahindra Bank shares drop over 3% as CEO Ashok Vaswani opts out of second term
Kotak Mahindra Bank shares witnessed some profit booking as its chief executive officer (CEO), Ashok Vaswani, said he will step down at the end of his current term on 31 December 2026.
Sensex today | Stock Market LIVE: Sensex trades flat, Nifty below 24,100 amid US-Iran tensions; Kotak, Adani shares down 2% - BusinessLine
Sensex today | Stock Market LIVE: Sensex trades flat, Nifty below 24,100 amid US-Iran tensions; Kotak, Adani shares down 2%BusinessLine
Kotak Mahindra Bank Shares Fall 3% After CEO Ashok Vaswani's Exit Plan
Kotak Mahindra Bank share price slipped as much as 2.79% to Rs 397.6 apiece.
Kotak Mahindra Bank begins search for next CEO as Ashok Vaswani plans exit
Kotak Mahindra Bank has begun its CEO succession process after Ashok Vaswani decided not to seek another term. Sources told CNBC-TV18 the lender had informed the RBI of Vaswani's decision a few weeks ago and is likely to submit a three-member shortlist, comprising both internal and external candidates.
Ashok Vaswani to step down as Kotak Mahindra Bank MD & CEO; bank begins search for successor
In a surprising announcement, Ashok Vaswani, CEO and Managing Director at Kotak Mahindra Bank, has decided to step down on December 31, 2026, opting not to pursue reappointment for personal reasons. The bank, recognized as India's fourth-largest private lender, is now actively seeking a new leader to chart its path ahead. This transition will undoubtedly redefine the bank's direction as it enters a new era.
Ashok Vaswani to step down as Kotak Mahindra Bank CEO after 31 December
Kotak Mahindra Bank has initiated the process for the appointment of a new MD and CEO.