Market News

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 Shares In Focus: Brokerages Stay Bullish On 'Surprise' CEO Exit - Should You Buy?

CLSA, Jefferies, Morgan Stanley and Citi reiterated their positive ratings on Kotak Mahindra Bank after the lender announced its CEO transition.

Kotak Bank Share Price Live Updates: Kotak Bank Sees Weekly Gains

Stocks to watch: HDFC Bank, Torrent Power, IIFL Finance among shares in focus today; check list here

Stock market today: On Thursday, the Sensex advanced 109.25 points, or 0.14%, to close at 77,100.47, while the Nifty 50 gained 34.35 points, or 0.14%, to settle at 24,056.00

Sensex Today | Stock Market LIVE Updates: GIFT Nifty hints at muted start: Kotak Bank in focus

Sensex Today | Stock Market LIVE Updates: For the Nifty, Tuesday will be the monthly expiry of its contracts as well. Even as the bulls are managing to hold 24,000, there is no conviction at higher levels. Last Thursday's high of 24,261 will be key to watch, while lower levels of 24,000 - 23,800 remain the same.

Kotak Mahindra Bank shares in focus on CEO transition; Here's why Nomura still says 'buy'

In a note on Monday, Nomura said that the CEO transition is unlikely to alter Kotak Mahindra Bank's strategic direction. Therefore, it maintained its "buy" rating on the lender with a price target of ₹460.

Stocks in news: Waaree Energies, Kotak Bank, HDFC Bank, Strides Pharma, Persistent Systems

Indian markets showed volatility, ending nearly flat despite positive signals. Analysts note Nifty faces resistance from key moving averages, with a decisive close above 24,200 crucial for further gains. Several companies like Waaree Energies, Kotak Bank, and Tata Motors are in focus due to significant developments, including US investigations, strategic partnerships, and EV expansion plans.

Stocks to Watch for June 29: HDFC Bank, Kotak Mahindra Bank, Dr Reddy’s and more

After an extended weekend, Dalal Street returns to a packed corporate news flow. From IRFC's successful OFS and Power Grid's fundraising plans to fresh developments at HDFC Bank, KEC International, Aurobindo Pharma and Bajaj Healthcare, here are the stocks likely to remain in focus on Monday.

Six of top-10 firms add ₹88,678 crore in mcap, ICICI Bank biggest winner

The combined market valuation of 6 of the top-10 most valued companies went up by Rs 88,678.1 crore in a holiday-shortened last week, with ICICI Bank emerging as the biggest winner. Last week, the BSE benchmark Sensex climbed 297.57 points, or 0.38 per cent, and the NSE Nifty went up by 42.9 points, or 0.17 per cent. "Markets ended the holiday-shortened week with modest gains, advancing in three of the four trading sessions. Sentiment remained constructive, supported by easing crude oil prices, improving geopolitical developments in West Asia, and selective buying by foreign institutional investors (FIIs)," Ajit Mishra, SVP, Research, Religare Broking Ltd, said. While Reliance Industries, HDFC Bank, ICICI Bank, State Bank of India, Bajaj Finance and Larsen & Toubro were the gainers, Bharti Airtel, Tata Consultancy Services (TCS), Life Insurance Corporation of India (LIC) and Hindustan Unilever faced erosion from their valuation. The market valuation of ICICI Bank jumped Rs ...

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.